Analyst Pin-board: Shrimp Sector – 1H2020 Review and 2H2020 Prospects
The sector posted positive growth in spite of the pandemic
Export value in 1H2020 reached USD 1.52 bn, 6% higher than 1H2019. Exports to the US surged 29% YoY but to the EU plunged 24% YoY. Exports to Japan increased slightly by 2% YoY and to China-Hongkong came down a little, -3% YoY. According to the Ministry of Industrial and Trade (MoIT), ASP was flat while volume increased 6% YoY in 6M2020.
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