Exports of crabs and swimming crabs increase by 26%
In the first nine months of the year, Vietnam brought in $1.64 billion from exporting other marine species such as marine fish, surimi, crabs and swimming crabs, and mollusks, up 1% compared to the same period last year. Exports of crabs and sentinel crabs increased the most by 26% and exports of marine fish increased by 21%, while sales of mollusks slightly increased by 4% and sales of surimi decreased by 6%.
Exports of marine fish (HS from 0301to 0305 and 1604, except for tuna and pangasius) reached $1.2 billion in the first nine months of the year, up 21% compared to the same period last year. Japan, ASEAN and China are the major destinations of Vietnam’s marine fish.
Vietnam brought in over $228.7 million from exporting fish ball and surimi (including products from tuna and pangasius) in the first nine months of 2020, down 6% compared to the same period last year. ASEAN, China and Japan are leading importers of these items from Vietnam. Exports to China increased by 25%, while exports to ASEAN and Japan decreased by 6% and 22% respectively.
Vietnam’s exports of crabs, swimming crabs and other mollusks (HS 03 and 16) Teacher $126.9 million in the first nine months of 2020, up nearly 26% compared to the same period last year, with China, Japan and the US being the most buyers. Exports of those items to China jumped by nearly 365% while exports to Japan and the US decreased by 5% and 26% respectively.
Exports of mollusks in the first nine months of 2020 reached nearly $71.5 million, up nearly 4%; however sales are on a backward trend after consecutive slump in the first two quarters of the year. The EU, Japan and the US are major destinations for these items. Exports to Japan recorded the best growth by 14% while exports to the EU and the US increased by 1% and nearly 3% respectively compared to the same period last year.
The entry into force of EVFTA supported Vietnam’s sales of marine species in the last months of the year. Thus, exports of Vietnamese marine species are forecasted to slightly increase, in defiance of impact of the Covid-19 pandemic in major importing countries.