Market U-turn: EU buying more Vietnamese shrimp

Shrimp exporters from Vietnam achieved EU sales totaling USD 589 million (EUR 548.8 million) last year, representing an annual increase of 7.5 percent and reversing the steep decline seen in the trade in the previous 12 months.

Vietnam’s shrimp exports to the EU achieved a total value of USD 548.6 million (EUR 511.2 million) in 2015, which was almost 20 percent less than in the previous year. Exporters attribute last year’s upturn to improved economic circumstances in the bloc.

The increas…