Weekly summary of aquaculture news from Vietnam (November 15, 2021 – November 21, 2021)

Aquaculture:

The consumption and price of farmed shrimp have increased again. Seeing this opportunity, shrimp farmers in Ba Ria - Vung Tau Province have started to renovate ponds and stock seed. This is also an important crop of the year with many expectations and hopes for farmers.

According to statistics from authorities, the year-end shrimp crop is often important and profitable. However, the risk ratio is high because this crop is affected by many weather conditions. Therefore, farmers need to proactively plan to manage adverse environmental conditions that may occur during shrimp farming.

Ba Ria - Vung Tau Province has encouraged farmers to convert from traditional shrimp farming methods to the applications of new technology, super-intensive shrimp farming technology. These activities are expected to help increase the success rate of farming.

As of October 2021, the area of ​​aquaculture in the province was more than 6,173 hectares. Of which, 1,843 hectares were for freshwater farming and 4,324 hectares were for brackish water farming. Whiteleg shrimp farming area reached 681 hectares, up 17.2% compared to the same period last year.

Processing, Import and Export:

According to Vietnam Association of Seafood Exporters and Producers (VASEP), from the beginning of the year until now, Vietnam's shrimp export to the EU has only decreased in August and September because processing factories had to reduce operating capacity due to Covid-19.

As of October 15, 2021, Vietnam's shrimp export to the EU reached nearly $439 million, up 10.3% compared to the same period last year. The EU is the second largest shrimp importer of Vietnam, accounting for 15%. Since the beginning of the year, Vietnam's shrimp export to the EU market has recorded a good growth rate. The EU's shrimp import demand in the last months of this year continues to increase.

The three main importers for Vietnamese shrimp in the EU are Germany, the Netherlands and Belgium. As of October 15, 2021, shrimp export to Germany and Belgium increased by 20% and 2%, respectively; export to the Netherlands decreased by 1%.

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