As of the end of June, the RoK was the fourth largest export market for Vietnamese shrimp, accounting for 7.7% of the sector’s total export value.
In the six month period, exports of white-leg shrimp rose 17% while prawn exports declined by 17.9% and other shrimp products saw a modest rise of 1.2%.
The average price of Vietnamese shrimp hovered around US$11 per kilo.
According to the latest data from Korean Customs, Vietnam remained the top supplier of shrimp for the RoK, comprising 44.54% of the country’s imports.
Vietnamese shrimp imports were 3.6 fold higher than neighbouring China, the second largest supplier.