In the first two months of the year, lobster exports increased 18 times

( In the first two months of 2024, seafood exports increased by 13% over the same period last year, mainly thanks to a breakthrough increase of 64% in January. Many main products had positive growth in the first 2 months. Last month, white leg shrimp increased by 18%, tuna increased by 21%, pangasius increased by 6.5%, and giant tiger prawn increased by 9%. Notably, lobster

In the first two months of the year lobster exports increased 18 times

By the end of February 2024, lobster exports had reached nearly 30 million USD, an increase of 1,746% compared to 1.6 million USD in the same period last year. Of which, scalloped spiny lobster (panulirus homarus) exports accounted for more than 90% with 27.6 million USD, an increase of 80 times, followed by ornate spiny lobster reaching 2.15 million USD, an increase of 45 times over the same period.

China is still the largest import market for Vietnamese lobster products, with a value of nearly 29 million USD, 27 times higher than the same period last year. Since October 2023, China stopped importing Vietnamese ornate spiny lobsters because of regulations related to the country's Wildlife Protection Law. To export ornate spiny lobsters to China, businesses must prove that the shrimp seeds are not caught directly from the sea, demonstrate a clear farming process, and not use breeds exploited from the wild, meaning they must be F2 generation; importers must have a license...

On January 20, 2024, Deputy Minister of Agriculture and Rural Development Tran Thanh Nam led the Ministry's delegation to work with the people's government of Guangdong Province (China) on trade and agricultural development cooperation. Karma. In related working contents, the two sides also agreed to coordinate to handle problems in the import and export of sturgeon and ornate spiny lobster under a special mechanism and include it in the Protocol between the two countries. While waiting for the signing of the Protocol, China will consider and create a special mechanism for establishments to register to export lobster to this country.

While waiting for this special mechanism, many ornate spiny lobster farmers have switched to raising scalloped spiny lobsters. Demand for scalloped spiny lobster from China is still quite high; farmers still export live scalloped spiny lobster to this market, while only a small portion of ornate spiny lobster is exported here as frozen products.

In addition to China, Vietnam also exports scalloped spiny lobster and ornate spiny lobster to Thailand, Malaysia, and Singapore, and crayfish to the US.



Ms Kim Thu


Tel: 84.24.3771.5055 (ext 203)

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