Shrimp Imports: Weak Yen Reduces Purchasing Power
JAPAN Tuesday, May 14, 2024, 07:20 (GMT + 9)
In the first quarter of 2024, Vietnamese shrimp exports to Japan reached 103 million USD, down 2% over the same period. After increasing by 30% in January, shrimp exports to Japan decreased by 21% and 10% in February and March, respectively. Source Stockfile FIS --> In the first quarter of 2024, in the structure of shrimp products exported to Japan, whiteleg shrimp accounted for 69%, other types of shrimp accounted for 16%, and the remainder was black tiger shrimp. Exports of Vietnamese whiteleg shrimp products to Japan in the first quarter of this year recorded an increase in both fresh/frozen products and processed products. For black tiger shrimp, only processed black tiger shrimp recorded an increase, while fresh/frozen black tiger shrimp products decreased. In the first quarter of 2024, the average price of Vietnam's frozen whiteleg shrimp exports to Japan ran... FULL STORY