HANOI: Vietnamese crab exports achieved a 6 per cent increase in the first seven months, compared to the same period last year, and were destined to 34 markets, after other six markets were added to the 28 existing ones, Vietnam Association of Seafood Exporters & Producers (VASEP) informed.
According to VASEP statistics, crab sales abroad generated over USD 60.7 million in income this year, an amount from which 96 per cent came from the eight main markets: US, the EU, Japan, China and Hong Kong, ASEAN countries, Australia, Taiwan and Canada.
The leading market was the US, which represented 47 per cent of total sales abroad of the Vietnamese crab. Its imports reached USD 30 million, 1.7 per cent more than in the first seven months of 2014.
Vietnam is the sixth largest crab supplier to US and the third biggest among ASEAN nations, behind Indonesia and the Philippines. Crab from Vietnam occupied 4.3 per cent of total US crab imports and 11.5 per cent of US crab imports from the ASEAN bloc.
VASEP also informed that data provided by ITC reveal that Japan has become the second biggest destination for Vietnamese crab: its imports increased by 28.7 per cent to USD 10.7 million in the first seven months of the year.
The EU was the third market in significance during the analysed period despite the fact that Vietnamese crab purchases, for USD 10.5 million, experienced a 12 per cent decline year on year. Experts in the field consider that what affects Vietnamese exports to Europe is the depreciation of the euro against the American dollar.
