Prospects for Viet Nam’s export of frozen raw prawns to Australia

Wednesday - 16/11/2016 16:21
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Viet Nam is looking to export frozen raw prawns to Australia as the country has a great demand of this kind of product, said Deputy Minister of Agriculture and Rural Development Vu Van Tam.

In his interview granted to Viet Nam News Agency correspondents in Sydney on the occasion of his working visit to Australia from September 8-10, Tam said that the issue was discussed during his meeting with officials from the Australian Department of Agriculture and Water Resources.

Viet Nam has so far shipped only processed prawns to Australia, but not frozen raw ones. The country has been the largest supplier of processed prawn products to Australia over the past five years.

According to the Deputy Minister, the Australian side showed interest in importing Vietnamese frozen raw prawns.

In the fourth quarter of 2016, a delegation of Australian experts will make a fact-finding tour to Viet Nam to inspect whether Viet Nam meets requirements in production in order to export raw prawns to their country or not.

Deputy Minister Tam said he believes that Viet Nam can meet all requirements of Australia as over the past time, the country has focused on investing in prawn farming technologies, and paid attention to controlling diseases and improving the quality of young prawns.

Australia has a great demand of seafood, with the import turnover increasing from 868 million USD in 2011 to 1.6 billion USD in 2015.

Viet Nam is the fourth biggest seafood provider for Australia, but accounting for only 11.2 percent of the market share.

In the past five years, Viet Nam remains the largest supplier of processed prawns to Australia. However, its export turnover in the market decreased by 25.6 percent last year, and by 16 percent in the first seven months of this year.

The meeting also looked at measures to remove hindrances to trading of agricultural products between the two countries, including Australian fruits and cattle.

Source: Vietnam Trade office in Australia (Concurrent Vanuatu, Micronesia, Marshall Islands, The Solomon Islands

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