Top 7 major importing markets, including the U.S., Japan, EU, China, ASEAN, Australia and Taiwan, accounted for 93% of Vietnam crab exports. As of Aug 2016, the exports to the U.S and ASEAN posted a decline, while those to the remaining 5 major markets showed a rise with the largest increase in China.
The U.S: Vietnam crab exports to the U.S. in Aug 2016 gained US$6.8 million, up 56% compared to the same period last year. However, the figure in the first 8 months of this year estimated at nearly US$30.2 million, down 12.5% year on year.
The U.S. remained as the largest buyer of Vietnam crabs in the first 8 months of this year, accounting for 39.8% of total export value.
Japan: Vietnam crab exports to Japan in Aug 2016 valued at US$4.6 million, a sharp rise of 253.8% compared to Jul 2016 and going up 134% from the same period last year. The total figure in the first 8 months of 2016 estimated at US$15.2 million, up 19.4% year on year.
Through Aug 2016, Japan ranked the 3rd in top 7 largest importing markets of Vietnam crab, with the share of 20%.
EU: In Aug 2016, Vietnam crab exports to the EU reached US$1.9 million, down over the same period last year. However, the figure in Jan-Aug 2016 was US$13.1 million, up 4.5% year on year. As of Aug 2016, the EU slipped to the 3rd rank in top 7 major importers of Vietnam crabs, taking up 17.3%.
France, the UK, the Netherlands and Belgium continued to be 4 main importing markets of Vietnam crabs in the EU bloc. In particular, France remained as the largest importer with the proportion of over 40.5%, followed by the UK with 28.2%, the Netherlands with 21.4%, and Belgium with 3.8%.
In particular, exports to France and Britain reported a climb, while those to the Netherlands and Belgium recorded the slump compared to the same period last year.
China: In Aug this year, Vietnam crab exports to the China continued to showed the good growth. This market was the 4th largest crab importer from Vietnam, with the proportion of 11.4%.
As of Aug 2016, Vietnam crab shipments to this market hit nearly US$8.7 million, up 132.3% from the same period last year.
By Dieu Thuy
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
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(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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