Shrimp exports to Taiwan pick up

Vietnam earned around US$42 million from its shrimp exports to Taiwan in the first seven months of this year, up 16 percent compared to last year’s figure.

Since 2007 Vietnam has become a leading shrimp exporter to Taiwan, and in 2011 alone, it accounted for 24.5 percent of Taiwan’s total shrimp imports, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

However, Vietnam is vying for a larger market share in Taiwan as its shrimp prices are still higher than those imported from India and Indonesia.

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