Downing bivalive mollusk exports to the EU and the U.S

News 09:41 13/09/2014
(vasep.com.vn) Through October 2013, Vietnam exported over US$60 million of bivalve mollusk products, downed 4.7 percent against the compatible period of 2012. Despite down in export revenue, foreign markets for Vietnamese bivalve mollusk increased from 46 to 54 markets.

With the year-to-date value of US$72.8 million, the EU was the largest market for Vietnamese bivalve mollusk, representing a 70 percent of proportion. However, shipments to this block slid 2.1 percent in value compared to the same time of 2012. Bivalve mollusk to the market only saw growth of 46.4 percent and 22.6 percent in January and April; the other eight months reported drop of 2 – 24.2 percent.

Though ranking the first in terms of value, Portugal ten-month imports of the products from Vietnam were 4.4 percent lower due to a year-on-year decline in six months. Spain and Italy purchases were good in the first half of 2013, but both markets showed drop in consecutive three months of the third quarter.

The U.S had the same situation with bivalve mollusk imports downing 22.2 percent to US$4.3 million in the first ten months of 2013. This was the main factor that drove Vietnam total export value down in consecutive months.

In contrast to EU and U.S quiet trends, exports to other markets like ASEAN, Australia and Taiwan got steady two-digit growth compared to January – October of 2012. There were also three markets reporting high growth in most months among the ten big importers of Vietnam.

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