Illustrative image (Source: VNA) Hanoi (VNA) - During the 10-year period (2007-2016), Vietnam was consistently the largest shrimp supplier for Switzerland, accounting forover 50 percent of total Swiss shrimp imports.
This was stated by the Vietnam Association of Seafood Exporters and Producers(VASEP).
Switzerland accounts for 0.5 percent of total shrimp import value in the world,mainly importing shrimp for domestic consumption. Each year, this countryimports some 8,500 tonnes of shrimp.
Shrimp import in Switzerland was not stable during the 10 years (2007-2016),with the lowest import value in 2007 at 81.4 million USD and the highest in2014 at 144.6 million USD. In 2014, the value of shrimp imports in this countryreached the highest level because the price of shrimp worldwide increasedsignificantly. From 2014 to 2016, the value of shrimp imports into the countryshowed a tendency to decline.
In the Swiss market, Vietnam has to compete with Ecuador and other Asiansuppliers such as Bangladesh, Thailand and India, although Vietnamese shrimp ismore affordable than European suppliers such as Germany, Denmark and France.
Frozen shrimp and sealed bags with processed shrimp are the two main productsimported into Switzerland, of which Vietnam is the largest supplier of thesetwo products.
VASEP said Switzerland offers free import duty on frozen shrimp for all fivemajor sources -- Vietnam, Germany, Denmark, Ecuador and Bangladesh.
In the first three quarters of this year, shrimp imports to Switzerland totaled87.6 million USD, a year-on-year increase of 17 percent. Vietnam remains thelargest supplier, accounting for 59 percent of total Swiss shrimp imports,followed by Germany, Denmark, France and the Netherlands.
Switzerland ranks 10th among Vietnam’s main shrimp import markets, accountingfor 1.03 percent of the Southeast Asian country’s total shrimp exports to allthe markets.
As of November 15, 2017, Vietnam’s shrimp exports to Switzerland reached 34.3million USD, up 17.3 percent over the same period last year.
VASEP suggested that in light of the current situation, Vietnam should takeadvantage of being the largest supplier of shrimp and the zero per cent tariffon exporting shrimp to Switzerland to maintain and promote exports to this market.-VNA
This was stated by the Vietnam Association of Seafood Exporters and Producers(VASEP).
Switzerland accounts for 0.5 percent of total shrimp import value in the world,mainly importing shrimp for domestic consumption. Each year, this countryimports some 8,500 tonnes of shrimp.
Shrimp import in Switzerland was not stable during the 10 years (2007-2016),with the lowest import value in 2007 at 81.4 million USD and the highest in2014 at 144.6 million USD. In 2014, the value of shrimp imports in this countryreached the highest level because the price of shrimp worldwide increasedsignificantly. From 2014 to 2016, the value of shrimp imports into the countryshowed a tendency to decline.
In the Swiss market, Vietnam has to compete with Ecuador and other Asiansuppliers such as Bangladesh, Thailand and India, although Vietnamese shrimp ismore affordable than European suppliers such as Germany, Denmark and France.
Frozen shrimp and sealed bags with processed shrimp are the two main productsimported into Switzerland, of which Vietnam is the largest supplier of thesetwo products.
VASEP said Switzerland offers free import duty on frozen shrimp for all fivemajor sources -- Vietnam, Germany, Denmark, Ecuador and Bangladesh.
In the first three quarters of this year, shrimp imports to Switzerland totaled87.6 million USD, a year-on-year increase of 17 percent. Vietnam remains thelargest supplier, accounting for 59 percent of total Swiss shrimp imports,followed by Germany, Denmark, France and the Netherlands.
Switzerland ranks 10th among Vietnam’s main shrimp import markets, accountingfor 1.03 percent of the Southeast Asian country’s total shrimp exports to allthe markets.
As of November 15, 2017, Vietnam’s shrimp exports to Switzerland reached 34.3million USD, up 17.3 percent over the same period last year.
VASEP suggested that in light of the current situation, Vietnam should takeadvantage of being the largest supplier of shrimp and the zero per cent tariffon exporting shrimp to Switzerland to maintain and promote exports to this market.-VNA
VNA
