How To Import Shrimp From Vietnam In 2022?

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Shrimp is a rich source of seafood, providing humans with a relatively large amount of nutrients. With the number of consumption increasing day by day, it is not difficult to understand when the shrimp farming processing industry is pursued by many people.

Shrimp is also one of the important products in Vietnam’s exports. Vietnamese shrimp is known for its high nutritional content and affordable price. Therefore, many traders are interested in how to import shrimp from Vietnam

Origin – Vietnamese Shrimp 

Import Shrimp From Vietnam 1
The Origin

In general, this is an animal of the crustacean family. There are no studies to find out the time of formation of these animals, and we only knew them by fossils in the Lower Jurassic period, about 190 million years ago. 

There are more than 3,500 different shrimp varieties in the world. Divided into two main types are shrimp living in freshwater and saltwater.

In the early 80s of the 20th century, Vietnam artificially produced and bred black tiger shrimp. As of 1998, white shrimp was to Vietnam as a farming industry. 

Shrimp farming has been around for more than a decade, distributed in more than 30 provinces, and has become a significant consumer commodity.

Thanks to this type of business, the total GDP of this country has increased. The demand is very significant, and if you know how to manage transportation and trade, this is one of the good products for you to trade.

Vietnam’s Shrimp Export/Import Market

Import Shrimp From Vietnam 2
Total Market in Vietnam

>> Read More: Ultimate Guides On How To Import Squid From Vietnam

Up to now, Vietnam has more than 600,000 hectares of shrimp farming, mainly two types of black tiger shrimp and white shrimp. 

According to the researched statistics, Vietnam is currently the leading exporter of this commodity, reaching 300,000 tons per year. 

In addition to wet rice, shrimp farming is the traditional industry of the above country.

According to the customs department, in the second quarter of 2021, Vietnam’s shrimp imports into the EU market reached 18.62 thousand tons, reaching a value of 159.45 million USD. 

Up 68.9% in supply volume and 65.8% in value compared to the first quarter of the same year. Besides, the above figure is slightly higher than 2020, namely 43.6% in volume and 42% in the value of money calculated on goods.

In the first 6 months of 2021, up to 29.6 thousand tons of shrimp were imported into the European market, with a net value of 255.7 million USD. Consumption of these countries is relatively even. Germany accounts for 24.94% of production, 26.22% of the total value. 

Next is the Netherlands, accounting for 26.85% of volume 25.29% of value. Belgium is 16.35% and 16.45%. France accounted for 8.74%, along with 9.51%. Finally, Denmark accounts for 6.99% of output and 7.23% of value.

In 2021, shrimp supply increased sharply for many reasons: reasonable control of the Covid-19 epidemic in Vietnam to ensure regular farming activities, stable shrimp quality, and good quality products competitive advantage thanks to preferential tariff treatment from the EVFTA…

Currently, because the epidemic situation is improving from complete vaccination, the economies of every country are gradually recovering. 

Therefore, in 2022, Vietnam sets an export target of over 4 billion USD, boosting exports to the US market. 

Vietnam is increasingly favorable from enjoying tax exemption and reduction conditions from agreements such as FTAs, CPTPP agreements, EVFTA… If you are looking to trade in this item, import or trade shrimp products from Vietnam. Vietnam is a beautiful thing.

>> See More: Import Fish From Vietnam – Origin, market and shipping process

How To Import Shrimp From Vietnam? Shipment Process

Import Shrimp From Vietnam 3
Seafood shipment

Typically, customers transport goods in two ways: Airways and waterways.

Each method has its advantages and disadvantages. Today’s article will guide you through the steps to import and export goods in the easiest way.

Import and export goods by air

  • Step 1: Sign a foreign trade contract
  • Step 2: Sign a service contract with the shipping company
  • Step 3: Transfer the consignee, do export procedures abroad
  • Step 4: Hand over the goods to the shipping service
  • Step 5: The airline ships the goods
  • Step 6: Do and complete import customs procedures
  • Step 7: Transport the goods to the warehouse.

Import and export goods by sea

  • Step 1: Sign a foreign trade contract
  • Step 2: Select and book a train schedule
  • Step 3: Check and confirm Booking
  • Step 4: Carry out the process of closing goods, updating information between the two buyers and sellers
  • Step 5: Verify documents and related documents
  • Step 6: Wait to receive a notification when the goods arrive
  • Step 7: Register for certificates related to the shipment
  • Step 8: Customs declaration of imported goods
  • Step 9: Open and clear the declaration form
  • Step 10: Liquidation of declarations
  • Step 11: Transport the goods to the warehouse
  • Step 12: Ship the goods and return the empty car
  • Step 13: Store documents and documents.

As you can see, in addition to finding a customer partner, the preparations for packing and sending are also quite complicated. 

Of course, the steps listed above are to ensure the safety of the goods on both sides, but if possible, you should search for a specialized shipping unit to save both parties’ time.

With that desire, you can entirely refer to the shipping company below.

About VNCOMEX 

We are a company specializing in transporting goods to countries around the world. Although the establishment time is not long, we can assure our customers that the goods supply service is performed professionally. Everything from the packaging to shipping takes place under the supervision of experienced professionals.

VNcomex imports and exports many products, with the foundation of quality and reliability, the company is the preferred choice for many foreign customers. With experience in shipping to more than 30 countries around the world, coming to VNcomex, you will receive:

  • Dedicated guidance, giving effective solutions in all situations
  • Good price
  • The staff is experienced and is constantly learning and improving….

Conclusion

Hopefully, through the above information, you have known the helpful information to import shrimp products from Vietnam. If you have any questions, please leave a comment. We will answer you as soon as possible!

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