Tridge summary
Vietnamese crab exports have surged by 66% year-on-year, reaching $227 million in the first nine months, driven by increased demand from China and Japan. The Vietnam Association of Seafood Exporters and Producers (VASEP) expects crab exports to hit $300 million by the end of the year. Overall, fishery exports grew by 8.5% to $7.16 billion, with shrimp leading at 10.5%. VASEP forecasts a 7% growth in seafood exports for 2024, potentially reaching $9.5 billion, with shrimp, pangasius, tuna, squid, and octopus as key contributors.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Vietnam crab exports soar. Vietnamese crab exports in the first nine months surged 66% year-on-year to $227 million, the strongest growth recorded among major fishery products. Crab exports in the first nine months surged 66% year-on-year to $227 million, the strongest growth recorded among major fishery products. The rise in sales came as major markets, especially China, pumped up demand for Vietnamese crabs, the Vietnam Association of Seafood Exporters and Producers (VASEP) said in a report. Japan was also a major market as Vietnamese high-quality crabs are priced competitively there. Crab exports are expected to hit $300 million for the whole year. Fishery exports in total rose 8.5% to $7.16 billion in the ...
Source: Fish Focus
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.