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VN tops list of shrimp exporters to Canada

VGP - Viet Nam currently heads the list of shrimp exporters to the Canadian market, accounting for 29% of Canada’s total shrimp import value in the first nine months of this year, according to Viet Nam Association of Seafood Exporters and Producers (VASEP).

November 21, 2018 5:02 PM GMT+7

Illustration photo

Canada has been among the top 10 shrimp import markets of Viet Nam. Although shrimp exports to Canada has not grown noticeably and continuously, the country is still considered a potential market for Vietnamese shrimp products due to its proximity to the United States and high living standards of the Canadian people.

Canada imports an average of over 50,000 tons of shrimps every year. From 2013 to date, the volume of shrimps imported by Canada has increased from 48,000 tons to 55,000 tons.

The top five shrimp suppliers for Canada include Viet Nam, India, China, Thailand and Indonesia.

While Canada reduced imports of shrimps from Thailand (down 33.5%) in the first three quarters of this year, the country increased the imports from Viet Nam and India, up 5% and 9.4% respectively compared to the same period last year.

Consumers in Canada increasingly prefer processed seafood, especially processed and frozen shrimps, due to their high usability. Shrimp dishes are increasingly becoming popular in restaurants too.

According to VASEP, to have successful exports of shrimps to Canada, Vietnamese businesses should focus on the value-added products segment. Regarding fresh seafood products, Vietnamese firms should provide information to Canadian customers on preparing or processing those products.

Exporters should also pay more attention to the model of goods, develop new products as well as focus on quality services, packaging, labelling and appropriate prices, VASEP suggested. 

Viet Nam's shrimp exports to Canada have seen continuous positive growth rates since 2016.

Canada is the sixth largest importer of Vietnamese shrimp, accounting for 4.3% of Viet Nam's total shrimp exports to foreign markets in the first nine months of this year. 

By Vien Nhu