Vietnam fetches $227M from crab exports

Crab exports in the first nine months surged 66% year-on-year to $227 million, the strongest growth recorded among major fishery products.

The rise in sales came as major markets, especially China, pumped up demand for Vietnamese crabs, the Vietnam Association of Seafood Exporters and Producers (VASEP) said in a report.

Japan was also a major market as Vietnamese high-quality crabs are priced competitively there.

Crab exports are expected to hit $300 million for the whole year.

Fishery exports in total rose 8.5% to $7.16 billion in the first nine months. Shrimps led the gain with a 10.5% growth.

VASEP forecasts that Vietnam’s seafood exports in 2024 can grow 7% to $9.5 billion, with shrimp, pangasius, tuna, squid and octopus making up the bulk of delivery.

Latest articles

Fashion
Levi’s unveils new Icon store at Palladium Mall Mumbai

Must read

About Reatil News Asia
Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.
Reatil updates
Stay up to date of the lates updates and retail news from Asia.
Copyright © 2014 -2025 | Retail News Asia