Econ
Vietnam keeps being Australia’s processed shrimp supplier for Australia
The Australian Department of Agriculture and Water Resources has received a document from the National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQAD) affirming that Vietnam is able to meet all requirements in Australia’s new import conditions for processed shrimps.
According to Vietnam’s Trade Office in Australia, the Australian Department of Agriculture and Water Resources has officially accepted Vietnam’s applications for importing raw shrimps that are caught in Australia for processing, and then export again to Australia. The new requirements have been updated in Australia’s Biosecurity Import Conditions System (BICON).
On January 7, the Australian Department of Agriculture and Natural Resources announced the suspension of prawn and uncooked shelled shrimp imports from Asian nations, including Vietnam, in fear of white spot disease outbreaks in Australia. The ban took effect on January 9 and lasts for six months.
Vietnam’s Ministry of Agriculture and Rural Development has asked Australia to remove the ban soon and support Vietnam in exporting fresh whole shrimps to the market as soon as possible.
According to Vietnam’s Trade Office in Australia, Australia is the 7th largest market of Vietnamese shrimps, which consumes 3.6 percent of the country’s total shrimp export volume. In 2016, Vietnam earned 114.6 million USD from shipping shrimps to Australia, 78 percent of which was processed shrimps.
In the past five years, Vietnam has been the largest supplier of processed shrimps for Australia. Despite the market’s strict requirements, it is considered a promising market for Vietnamese firms due to high and increasing demand. Meanwhile, Australia tends to narrow down its import markets and focus on only major ones, which is also an advantage for Vietnam.
However, due to Australia’s strict requirements on food hygiene, Vietnam is still unable to export frozen raw shrimp. Vietnamese agencies are working with the Australian side to bring this product to the country.
On January 7, the Australian Department of Agriculture and Natural Resources announced the suspension of prawn and uncooked shelled shrimp imports from Asian nations, including Vietnam, in fear of white spot disease outbreaks in Australia. The ban took effect on January 9 and lasts for six months.
Vietnam’s Ministry of Agriculture and Rural Development has asked Australia to remove the ban soon and support Vietnam in exporting fresh whole shrimps to the market as soon as possible.
According to Vietnam’s Trade Office in Australia, Australia is the 7th largest market of Vietnamese shrimps, which consumes 3.6 percent of the country’s total shrimp export volume. In 2016, Vietnam earned 114.6 million USD from shipping shrimps to Australia, 78 percent of which was processed shrimps.
In the past five years, Vietnam has been the largest supplier of processed shrimps for Australia. Despite the market’s strict requirements, it is considered a promising market for Vietnamese firms due to high and increasing demand. Meanwhile, Australia tends to narrow down its import markets and focus on only major ones, which is also an advantage for Vietnam.
However, due to Australia’s strict requirements on food hygiene, Vietnam is still unable to export frozen raw shrimp. Vietnamese agencies are working with the Australian side to bring this product to the country.
