Vietnam's clam export potential to the US

Published 2023년 5월 15일

Tridge summary

In the first quarter of 2023, US clam imports experienced a decrease, with volume down 15% and value down 26% compared to the same period in 2022. This decline is attributed to reduced demand and a 12% drop in average import prices. The US imported from 19 countries, with China being the dominant supplier (46% in volume, 32% in value). Vietnamese clam imports to the US fell by 45%, holding a 13.5% market share. The US imports mainly canned clams, which make up a third of the volume and value of imports. The average price of imported clams from Vietnam and China was around 3 USD/kg, a decrease of 11% from the previous year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to data from the US National Marine Fisheries Service (NMFS), in the first quarter of 2023, the US imported over 5 thousand tons of clams from other countries, with a value of more than 15 million USD, down 15% and 26% respectively. over the same period in 2022. In which, clam imports from Vietnam to the US reached 0.68 thousand tons, down 45% over the same period. According to Ms. Le Hang, communications director of the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first quarter of this year, the US imported clams from 19 sources around the world. The top 5 clam exporting countries to the US are China, Canada, Vietnam, Indonesia and Thailand, respectively. China holds a dominant market share of 46% in volume and 32% in value. Meanwhile, Vietnamese clam only accounts for 13.5% market share in the US. In general, clam imports from most of the main supplying countries decreased year-on-year due to reduced demand and 12% lower average import prices. ...

Source: Haiquanonline