News

Vietnam's clam export potential to the US

Published May 16, 2023

Tridge summary

According to data from the US National Marine Fisheries Service (NMFS), in the first quarter of 2023, the US imported over 5 thousand tons of clams from other countries, with a value of more than 15 million USD, down 15% and 26% respectively. over the same period in 2022. In which, clam imports from Vietnam to the US reached 0.68 thousand tons, down 45% over the same period.

Original content

According to Ms. Le Hang, communications director of the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first quarter of this year, the US imported clams from 19 sources around the world. The top 5 clam exporting countries to the US are China, Canada, Vietnam, Indonesia and Thailand, respectively. China holds a dominant market share of 46% in volume and 32% in value. Meanwhile, Vietnamese clam only accounts for 13.5% market share in the US. In general, clam imports from most of the main supplying countries decreased year-on-year due to reduced demand and 12% lower average import prices. The average price of clams imported from Vietnam to the US in the first quarter of this year was about 3 USD/kg, down 11%. While the import price from China is also at the same level and decreased by 12% compared to the same period last year. The US imports the most canned clam products, accounting for one-third of the volume and value of clam imports. Other processed clam ...
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