After strong growth throughout 2015 and the first three quarters of 2016, shrimp exports to the UK in the last quarter of 2016 fell by 3.9 percent. Despite that, exports rose by 4.2 percent for the entire year.
In early 2017, Vietnamese shrimp shipments to this market grew well in January and February before declining in March. However, they rebounded in the next two months with year-on-year jumps of 62% and 150%, respectively.
Total prawn exports to the UK hit nearly US$59 million in the first five months of 2017, an increase of 34% from the same period last year.
The growth was largely due to the UK’s high demand for warm-water shrimp thanks to reasonable prices and a drop in supplies of cold-water shrimp, VASEP said, predicting the continued expansion of shrimp exports to the UK in the rest of this year.VNA