(vasep.com.vn) Accounting for nearly 45% of total export value, the US has maintained its position as Vietnam's largest crab importing market.
In the first 4 months of this year, Vietnam earned US$ 12.6 million from crab exports to this market, up 11.3% over the same period last year.
Statistics from International Trade Centre (ITC), from January to April, the US imported 21,163 MT of crab from 32 countries, with the value of nearly US$ 374 million, up 2.5% by volume and 6.9% by value. Imports from ASEAN countries reached US$ 175.9 million, accounting for 46.9% of the total value. Crab imports from ASEAN increased by 42.5% compared to the same period in 2014.
Crab exports from ASEAN countries to the US all reported at two digit growth rates. Indonesia, the Philippines and Vietnam have been top crab exporters to the US.
Vietnam now ranks the 9th biggest source of crab to the US and the 4th among ASEAN countries.
Crab from Vietnam accounted for 5.6% of total US imports and made up 12% of crab exported from ASEAN to the US.
Crab is usually the 7th most consumed seafood in the US. Besides, US economy is recovering, with number of jobs increasing and demand for seafood is expected to be higher .
Processed crab coded HS 160510, the most common imported crab item is rising when frozen crabs coded HS 030614 decreased. Meanwhile, crab not frozen (HS030624) accounted only 1-2% in total crab imports into the US.