(vasep.com.vn) Vietnam crab exports in the first 4 months of 2015 valued US$ 28.46 million, up 9.1% over the same period last year. It is forecast that more crabs will be sent abroad in the next months.
In the first 4 months of 2015, Vietnamese crabs were destined to 28 markets. Exports to Australia experienced the strongest growth among all markets at 170.3%. Hong Kong had the second biggest increase of 94.2%.
Top 8 markets accounted for 95.6% of total crab export value. The US, EU and Japan continued present in the top 3. These markets represent 82.6% of Vietnam crab exports.
This year is predicted to be a good one. A rise in quota and price along with good inventory level in markets promises better sales. Beside, price for fuel remained lower than the same period of 2014. This encourages Vietnamese crab exporters to boost sales. Last but not least, FTAs with South Korea and the Eurasian Economic Union were officially signed, bringing Vietnamese exporters advantages when exporting to these markets in the coming time.