China sharply reduced imports of Vietnamese lobster
Fresh Common Lobster
Seafood
Vietnam
Regulation & Compliances
Market & Price Trends
Published Oct 4, 2023
Tridge summary
Lobster exports from Vietnam to China are unstable and account for only 8% of China's total lobster imports. China is implementing stricter regulations on imported agricultural, forestry, and fishery products, which is impacting unofficial imports. Chinese import restrictions and higher prices compared to competitors have led to strong competition for Vietnamese lobster exporters, highlighting the need for official exports and improved production and traceability processes.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Statistics recently announced by the Vietnam Seafood Export Association show that lobster export activities to China this year are still unstable. The reason is that Vietnam still only exports lobster to the Chinese market via quota, so the price is unstable. Meanwhile, China is gradually applying strict conditions on importing foreign agricultural, forestry and fishery products. They are increasingly restricting unofficial imports. In the first 7 months of this year, this country's lobster imports increased by 19% over the same period last year in volume with output reaching 32,358 tons, equivalent to 962 million USD, but imports from Vietnam only accounted for 8%. Instead of importing a lot from Vietnam like in previous years, this country replaced it with sources from Canada, America, New Zealand, Cuba, India, Brazil, Mexico.... Recently, China continued to limit the import of lobsters from Vietnam to control the epidemic. On September 22, about 6 tons of lobsters from ...
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