15:56 | 04/12/2017 Trade
Vietnam has so far this year exported 243.2 million USD worth of shrimp to the Republic of Korea (RoK), a surge of 29.8 percent year on year, reported the Vietnam Association of Seafood Exporters and Producers.
|Vietnam’s shrimp exports to the RoK maintains strong growth|
The RoK is currently the fifth largest market of Vietnamese shrimp after the EU, Japan, China and the US.
In 2007-2016, Vietnam’s shrimp exports to the RoK enjoyed strong growth, with the country a stable market where shrimp are sold at a high price.
The Ministry of Agriculture and Rural Development views the RoK as a promising market with opportunities for domestic shrimp exporters amidst difficulties in traditional markets such as the US and the EU.