Pangasius, octopus, and crab exports from Vietnam to China skyrocketed by 240%
Seafood
China
Vietnam
Published Mar 19, 2022
Original content
After decreasing 17% in 2021, mainly due to the zero Covid policy in the Chinese market, from the beginning of 2022 until now, exports to this market have recovered strongly. In January 2022, exports to China & HK increased by 56%, February exports outperformed with a growth of 138% over the same period last year. In which, in the first two months of the year, exports to mainland China more than doubled over the same period, reaching 145 million USD, accounting for 85%. Exports to Hong Kong increased by 46% to 25 million USD, accounting for 15%. Importers in mainland China and Hong Kong both increased orders of Vietnamese pangasius, crab, squid, and octopus products in the past two months. As for tuna, consumption was strong only in Hong Kong, with a growth of 56%, while China had almost no orders for Vietnamese tuna in the first 2 months of the year. Although the growth was more modest than other products, shrimp still accounted for a high proportion of 23.4% of the total seafood ...
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