China, the United States and Japan increase imports of Vietnamese seafood

Market & Price Trends
Published Apr 16, 2024

Tridge summary

In the first quarter of 2024, Vietnam's seafood exports, including key products like shrimp, tuna, tra fish, and crabs, have experienced significant growth. The United States market has shown a notable increase, with shrimp exports up by 15% and other seafood products seeing rises between 13-53%. While exports to Japan have remained stable, there has been a 15% increase in exports to Hong Kong, China, particularly for lobster and crab. Despite this positive trend, exports to the EU and South Korea have not seen a strong recovery, with the exception of tuna, which has enjoyed positive growth across major markets, including the United States and Japan.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Among them, Vietnam's shrimp exports to the United States increased by 15% in the first quarter of 2024, and exports of tuna, tra fish and crabs to the US market increased significantly by 13-53%. Vietnam's exports to Japan in the first quarter of this year were the same as last year. Exports to Hong Kong, China increased by 15%. Tra fish, white-leg shrimp, lobster, anchovy and crab are the five most exported aquatic products from Vietnam to China. Especially in the first quarter of this year, Vietnam's exports of lobster and crab to this market broke through strongly, with lobsters increasing 10 times year-on-year and crabs increasing 6 times year-on-year. There is no obvious recovery sign in Vietnam's shrimp and tra fish exports to the EU and South Korean ...
Source: Foodmate
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