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Vietnamese lobster exports to China increased 29 times

Xuất khẩu tôm hùm sang Trung Quốc tăng 29 lần
This news article has been translated to English.
Fresh Common Lobster
Price Trend
Jun 30, 2022
From Vinanet
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According to the Vietnam Association of Seafood Exporters and Producers, seafood exports to China by the end of May 2022 reached US$771 million, up 91% over the same period last year. The two products that account for the dominant proportion are pangasius accounting for 48% and shrimp accounting for 35% of seafood exports to the Chinese market.
Notably, lobster exports to China in the first 5 months of this year had a breakthrough with an increase of nearly 29 times compared to the same period last year, reaching over US$108 million, nearly equal to the turnover of vannamei shrimp. $119 million, up 61%). Meanwhile, the export of black tiger shrimp decreased by 9% to only 43 million USD. In the first 5 months of this year, pangasius exports increased 124% to 371 million USD. In which, pangasius fillets, cut into pieces reached 297 million USD, up one and a half times over the same period in 2021. Export of fresh/frozen whole pangasius increased by 58% to nearly 74 million USD. In addition to the two main products, the export of most seafood species to China decreased compared to the same period last year, such as: Tuna down 60%, marine fish down 9%, fish cakes and surimi down 25% … The strong outbreak of Covid and the Chinese government's steadfast attitude to the zero Covid policy made seafood exports to this market ...
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