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Lobster exports in Vietnam increased 30 times

Frozen Common Shrimp & Prawn
Fresh Common Lobster
Vietnam
Published Jul 5, 2022

Tridge summary

The Vietnam Association of Seafood Exporters and Producers (VASEP), said that in the first half of the year, shrimp exports reached 2.3 billion USD, up 33% over the same period last year and accounting for 40% of total seafood exports.

Original content

In particular, lobster exports recorded a record growth, reaching nearly 130 million USD in the first half of this year, up 30 times over the same period last year. This is also the type with the leading growth rate in the shrimp group. Currently, exports of processed vannamei shrimp in the first half of the year increased by 17%, fresh/frozen shrimp by 21%, and black tiger shrimp at $300 million, up 20%. VnExpress's survey also showed that in the first half of the year, thanks to high export demand, lobster prices continuously increased, sometimes doubling, to 1.7 million dong for lobster and 1.3 million dong a year. kg with green lobster. This is the year that lobster farmers are profitable after 3 years of being affected by the Covid-19 epidemic. Vietnam's major import market, China, recorded a breakthrough when in May, this country imported over US$108 million of Vietnamese shrimp, an increase of nearly 29 times over the same period last year. Accumulated in the first 5 months ...
Source: VNExpress
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