US remains largest consumer of Vietnamese scallops

Published 2024년 12월 13일

Tridge summary

Vietnam has seen a significant increase in scallop exports, earning over US$31 million in the first ten months, a 206% increase year-on-year. The US is the primary market, followed by Denmark and Japan. The surge in scallop exports to Japan is attributed to the country's diversification efforts following a ban on Chinese seafood, with Vietnamese processing factories being used to export to the US and ASEAN countries. A Japanese enterprise has started processing Hokkaido scallops in Vietnam for export back to Japan.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Vietnam grossed over US$31 million from exporting scallop products during the ten-month period, up 206% on-year, with the US being the country’s largest export market, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Vietnamese scallop products have been exported to 20 markets worldwide, with the US, Denmark, and Japan representing the three largest scallop export markets. Of the figure, the total export turnover of scallops to the US throughout the reviewed period reached more than US$11 million, representing a 131-fold rise against the same period from last year, while scallop exports to Japan also skyrocketed by 12% on-year. The VASEP pointed out that since China moved to issue a ban on Japanese seafood, Japan has continuously moved to diversify its scallop export markets. According to details given by the Japanese Ministry of Agriculture, Forestry and Fisheries, Vietnam has had numerous seafood processing factories, which in turn have made ...
Source: WTOCenter

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