Vietnam dominates Canada’s shrimp market

TIN LIÊN QUAN
	Belgian potato exporters seek opportunities in Vietnam
	Exports of tra fish earns 438 million USD in three months

For many years, Canada has been among the top 10 shrimp import markets of Vietnam. Although shrimp exports to Canada has not grown noticeably and continuously, the country is still considered a potential market for Vietnamese shrimp products due to its proximity to the United States and high living standards of the Canadian people.

Consumers in Canada increasingly prefer processed seafood, especially processed and frozen shrimps, due to their high usability. Shrimp dishes are increasingly becoming popular in restaurants too. (Photo: tapchitaichinh.vn)

Canada imports an average of over 50,000 tonnes of shrimps every year. From 2013 to date, the volume of shrimps imported by Canada has increased from 48,000 tonnes to 55,000 tonnes.

In 2017, shrimp import value to Canada reached US$546.5 million, up by 14% compared to 2016. The four largest shrimp suppliers to Canada include Vietnam, India, Thailand and China. Of these, Vietnam is the largest supplier, accounting for 26.8% of the total import value in 2017.

Consumers in Canada increasingly prefer processed seafood, especially processed and frozen shrimps, due to their high usability. Shrimp dishes are increasingly becoming popular in restaurants too.

According to VASEP, to have successful exports of shrimps to Canada, Vietnamese businesses should focus on the value-added products segment. Regarding fresh seafood products, Vietnamese firms should provide information to Canadian customers on preparing or processing those products.

Exporters should also pay more attention to the model of goods, develop new products as well as focus on quality services, packaging, labelling and appropriate prices, VASEP suggested.

Seafood shipments to EU drop Shipments of seafood, excluding fish, to many markets, especially the European Union (EU), showed signs of reduction recently, according to the Vietnam Association of Seafood ...

Wide door for Vietnamese rice export With improved product quality and consecutive win of export contracts, doors are wide open for Vietnamese rice.

Vietnamese farm produce promoted in Japan Vietnam’s firms are striving to promote Vietnamese farm produce in the Japanese market at a trade promotion programme held within the 10th Vietnam festival in ...