Rise in Vietnam Shrimp sales to netherlands

The Netherlands ranks the 9th in importing shrimp in the world. Shrimp imports into the Netherlands in 2015 accounted for 2.8% of total shrimp imports of the world. In the period (2012-2016), shrimp imports into the Netherlands peaked in 2014 then fell in 2015 in line with the global downward trend. From 2016 until now, imports of Dutch shrimp have signs of recovery. Not only domestic consumption, the Netherlands also imports shrimp to export to the internal market.

According to the World Trade Center (ITC), in 2016, shrimp imports into the Netherlands reached 72,023 tons; valued at US$626 million; down 1% in volume but up 13% in value compared to 2015. In the year, the average price of shrimp imported into the Netherlands reached US$8.7/kg; up 14.4% from US$7.6/kg in 2015.

The Netherlands imported mainly frozen raw shrimp (HS 030617) and processed shrimp not in air tight container (HS 160521), respectively accounting for 57% and 19% of total shrimp imports into this country. For shrimp (HS 030617), India and Bangladesh were the two largest suppliers, Vietnam ranked the third. For shrimp (HS 160521), Vietnam was the largest supplier to the Netherlands. The import value of these two products to the Netherlands in 2016 increased by 18% and 64%, respectively, from 2015.

In 2016, the top 5 largest shrimp suppliers to the Netherlands was India (accounting for 17.6% of the totals); Vietnam (accounting for 15.6%); Morocco (12.3%); Bangladesh (12.2%) and Germany (8%).

In 2016, among top 5 main shrimp suppliers to the Netherlands, shrimp imports from India, Vietnam, Bangladesh increased while imports from Morocco and Germany decreased. Shrimp imports from Vietnam in 2016 to the Netherlands increased by the most 88.8%; India and Bangladesh increased by 18.3% and 43.8%, respectively.

Of the two largest shrimp suppliers to the Netherlands (India and Vietnam), in 2016, the Netherlands tends to import more than shrimp from Vietnam because of stable quality products and Vietnamese exporters enjoy tax incentives for export here.

The Netherlands is currently the second largest shrimp importer of Vietnam in the EU. Vietnam’s exports of shrimp to the Netherlands to grow continuously in 2016. Particularly in the first 2 months of 2017, shrimp exports to this market reported a 3 digit growth compared to the same period in 2016.

The Netherlands mainly imported whiteleg shrimp from Vietnam with the proportion of 69% of total exports; black tiger shrimp accounted for 21%. For whiteleg shrimp products, the export value of processed whiteleg shrimp (HS 16) was higher than live/live/frozen white shrimp (HS 03). For black tiger shrimp products, the Netherlands preferred live / fresh / frozen black tiger shrimp (HS 03) than processed black tiger shrimp (HS 16).

Vietnamese enterprises always focus raising quality products to boost shrimp exports here.