Why does China import a lot of crabs and snails from Vietnam?

Published 2024년 9월 30일

Tridge summary

Vietnam's seafood exports to China have seen a significant increase, reaching over 1 billion USD in the first 8 months of the year, a 17% rise from the previous year. Pangasius and white-leg shrimp are the primary revenue generators, bringing in 350 million and 180 million USD respectively. There has also been a surge in demand for other products such as lobster, crab, snails, and clams, with lobster seeing a 139% increase and crab a 16-fold increase. The Vietnam Association of Seafood Exporters and Producers (VASEP) anticipates further growth in seafood exports to China, particularly in fresh seafood products, due to the higher demand and the challenges faced by frozen products.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Vietnam's seafood exports to China reached over 1 billion USD in the first 8 months of the year. According to statistics from Vietnam Customs, in the first 8 months of the year, Vietnam's seafood exports to China reached over 1 billion USD, up 17% over the same period last year. Pangasius and white-leg shrimp are the two main foreign currency earning products, with revenues reaching 350 million and 180 million USD, respectively. Other products such as lobster, crab, snails, clams, etc. also recorded breakthrough growth. Of which, lobster increased by 139%, crab increased by 16 times, snails and clams increased by 603% and 215%, respectively. The Vietnam Association of Seafood Exporters and Producers (VASEP) acknowledged that, with the above statistics, it can be seen that Vietnam's fresh products have good potential because the consumption demand is higher, compared to frozen products in the Chinese market. Frozen products are currently facing difficulties due to competitive ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.