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Vietnam’s bivalve mollusc exports decreased slightly in the first half of 2020

The accumulated value of bivalve mollusc exports decreased nearly $42.5 million in the first half of 2020, down 1.7% compared to the same period last year.

According to VASEP, after a decline by 3.6% in quarter I, Vietnam’s bivalve mollusc exports reached over $23 million in quarter II of 2020, slightly down 1.7%  as compared to the same period last year. The accumulated value reached nearly $42.5 million, down 1.7% as compared to the same period last year.

Exports of clams reached nearly $28 million, accounting for 67% of the density and decreasing by nearly 12% as compared to last year’s $32.4 million.

Most clam products were exported to the EU with an average price of 1.84 USD/kg, equal to the same period last year. Other products included oyster, scallops, mussels and snails.

In quarter II, exports of bivalve mollusc decreased by nearly 9% in April and fell by 14% in May; however, it grew by 21% in June with sales to the EU, Japan and Korea increasing by 33% to the EU and 22% to Japan, and skyrocketing by 454% to Korea.

There are nearly 60 Vietnamese companies exporting clam products and this species penetrated into 42 markets in the first six months of 2020.

However, three leading importers of Vietnamese clam included the EU (accounting for 64%), Japan (13%) and the US (12%); besides, Korea and ASEAN accounted for 3% each.

While an upturn in sales to the EU occured in quarter II, exports to the US and Japan were in the backward trend.

Exports to the US decreased by 24% in quarter II after a 39% increase in quarter I. Once increased by 18% in quarter I, sales to Japan saw a decline by nearly 9% in quarter II.

Thus, by the end of June, exports of bivalve mollusc have reached $27.3 million (-3.7%) in the EU, $5.6 million (+3.5%) in Japan, and $5 million (-2.8%) in the US.

VFM

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