China, the US, Japan and France are the four major import markets for Vietnamese crabs, accounting for more than 91% of the total export value of this item.
According to the Vietnam Association of Seafood Exporters and Producers (Vasep), the export value of Vietnam’s crabs in the first quarter of 2022 reached nearly US$52 million, up 62% over the same period in 2021.
This is the highest level in the past five years, double that of the same period in 2019, the time before the COVID-19 pandemic.
Vietnam’s crab exports to China and Hong Kong (China) increased continuously in the first 3 months of 2022 with a turnover of more than 20 million USD, up 104% over the same period.
The main reason is that Vietnam’s seafood processing and exporting enterprises have adapted well to the country’s “zero Covid” policy. This high growth has made China the largest crab import market of Vietnam.
Vietnamese crabs and crabs are also popular with Japan, with exports to this market reaching nearly 19 million USD, up 18% over the same period.
In particular, Vietnam’s crabs and crabs exported to the US in the first three months of 2022 also reached nearly 19 million USD, up 78% over the same period last year. The US has fully reopened, which has helped increase demand for crabs. In addition, increased production costs and sea freight costs have pushed up export prices.
at Blogtuan.info – Source: 24h.com.vn – Read the original article here