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VIETNAM CRAB SALES TO EU&CHINA CLIMBED UP

(seafood.vasep.com.vn) Vietnam crab exports in July gained more than US$10.3 million, down 19.6% from the same period last year. The figure in Jan-Jul 2016 estimated at US$59.7 million, down 1.7% year on year.


In the first 7 months of this year, Vietnamese crabs were sold to 35 markets. The U.S, EU, Japan, China and Hong Kong, ASEAN, Australia, Taiwan and Canada stayed as top 8 biggest importers of crabs from Vietnam in the first 7 months of the year, accounting for 95.4% of total crab exports. 

The U.S.

Vietnam crab exports to the U.S. in July reached US$4.9 million, down 36.1%. The figure in Jan-Jul 2016 was nearly US$23.4 million, down 22.3% from the same period last year.

EU

Vietnam crab exports to the EU in July valued at US$2.2 million, up 30.7% over the same period last year. The figure in Jan-Jul 2016 estimated at more than US$11.2 million, up 7.2% year on year.

Notably, in July, Vietnam crabs exports to France posted the 3 digit growth. This market remained the largest importer of Vietnam crabs in the bloc, followed by the UK, the Netherlands and Belgium.

In July, the shipments to Belgium continued to go up. However, its total import value of Vietnam crabs in the first 7 months in 2016 touched US$427 thousand, down 39.4%.

Japan

In July, Vietnam crab exports to Japan reached US$1,2 million, down 47.8% from the same period last year. The figure in Jan-Jul 2016 estimated at US$10,6 million, down 1.6% year on year.

China - Hong Kong

In July, Vietnam crab exports to China - Hong Kong achieved US$1,1 million, up 160% compared to the same period last year. The figure in Jan-Jul 2016 estimated at US$7,7 million, up 144% year on year.

In July, the exports to Hong Kong rose 4.2% thanks to high demand in the mid-autumn. However, the total exports of Vietnam crabs to this market in Jan-Jul 2016 reached US$1,5 million, down 21.4% year on year.

In the coming time, thanks to higher demand in the mid-autumn festival, Vietnam crab exports expected to rebound, especially to China.

Source: seafood.vasep.com.vn