Vietnam: Exports of clams and oysters to China increased dramatically

Published 2024년 7월 21일

Tridge summary

Vietnam's exports of clams, shellfish, and other molluscs to China have experienced a dramatic increase, with clam and oyster exports rising 119 times in value compared to the previous year. The total export value of molluscs to various countries reached nearly $36 million in the first five months of the year, marking an 8.2% increase. Additionally, rock lobster exports to China surged 32-fold, positioning Vietnam as the 4th largest seafood supplier to China in May. Despite some declines in other seafood categories, the overall market share of Vietnamese seafood in China has grown, showcasing strong competitive potential.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Import-Export Department (Ministry of Industry and Trade) cited data from the Chinese customs agency as saying that the proportion of Vietnam's clam and shellfish exports to this country has increased rapidly in recent times, from 0.2% last year to 19%. .1% in May this year. In the first 5 months of the year, Vietnamese businesses exported clams and oysters to China with a value of 2.7 million USD, a sudden increase of 119 times compared to the same period last year. Other live, fresh or chilled molluscs also had a sharp increase in export value, reaching more than 5 million USD, nearly 82 times more than the same period. Vietnam has over 41,500 hectares of mollusk farming (mainly bivalve mollusks) with an output of about 265,000 tons/year, of which clams reach 179,000 tons/year. This industry value chain is creating jobs for about 200,000 workers. Not only China, according to data from the General Department of Customs, in the first 5 months of the year, exports of molluscs, ...
Source: VNExpress

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