Export of live clams and oysters from Vietnam increased sharply

Frozen Clam
Frozen Abalone
Published Feb 15, 2024

Tridge summary

In 2023, Vietnam experienced a 17% decrease in clam exports, amounting to nearly 79 million USD, primarily due to reduced exports to Spain and Italy. However, oyster exports grew by 56% to over 14 million USD, with Taiwan being the main consumer. Snail exports saw a slight decrease of 6%, totaling nearly 16 million USD. The primary markets for Vietnamese clams were Italy, Spain, Portugal, and the US, with China and Cambodia emerging as significant importers. The overall economic situation and inflation could potentially reduce the demand for expensive foods like oysters and other bivalves.
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

Clams have the largest export turnover, reaching nearly 79 million USD, down 17% compared to 2022, as exports to the two main markets, Spain and Italy fell deeply by 15% and 36% respectively. Frozen steamed clams HS code 16055600 was the main export product with an export value of 72 million USD and its 3 main markets: Italy, Spain and Portugal, accounting for 66%. Among these top 3 markets, only Portugal had a 10% increase in Vietnam’s clam imports. In particular, regarding frozen steamed clams in the EU, Vietnamese products always rank first, holding a dominant market share of 40-80% in main markets. The US is Vietnam's 4th largest clam export market, but last year, clam exports to the US decreased by 16%. In this market, China's frozen steamed clam products account for 50%, and the average export price is often 20-40% lower than Vietnamese products, so Vietnamese clams face more competition in the US. Oysters had a breakthrough in export growth in 2023, up 56%, reaching over 14 ...
Source: Vasep
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