Vietnam's crab exports hit 10-year high

(GLO) - According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first 6 months of 2025, crab, swimming crab and three-sided crab exports reached more than 173 million USD, an increase of 38% over the same period in 2024, the highest level in the past 10 years. The product is present in 25 global markets.

In the second quarter of 2025, crab exports maintained a steady increase, while crab and crab-like crab exports decreased in the last month of the quarter, causing the growth rate to slow down compared to the first quarter. In the first 6 months, the export value of crab and crab-like crab increased, while crab exports decreased.

In the CPTPP bloc, some markets such as Canada and the UK reduced imports of crabs, swimming crabs and other crustaceans from Vietnam, possibly due to high inventories from orders at the beginning of the year.

Source: Vasep

China and Hong Kong remained the largest markets, but growth slowed in the second quarter due to lower consumer demand and stricter import controls. In Australia, exports increased 58% year-on-year due to high winter demand and promotional activities. The EU also recorded a 71% increase, reflecting a preference for sustainable products.

According to experts, the gap between product groups and export markets stems from many factors. Seasonal demand makes crabs often consumed more in the first half of the year in many markets, while crabs are affected by the fishing season and consumer tastes. Fluctuations in supply due to weather conditions and fishing costs affect output, especially crabs and crabs.

Ca Mau crabs contribute increasingly important to the value of seafood exports. Photo: Gia Bach

In addition, increased supply from rival countries such as Indonesia, the Philippines, and Myanmar puts pressure on prices and market share, while trade barriers with increasingly stringent quarantine regulations and quality standards in China and the EU are also significant factors.

VASEP forecasts that crab exports will remain high in the second half of the year, with a possible recovery in the Chinese market from the fourth quarter and positive prospects in the EU and Australia. The association recommends that businesses diversify their deep-processed products, apply modern preservation technology and expand to the Middle East and South American markets to reduce risks.

Source: https://baogialai.com.vn/viet-nam-xuat-khau-cua-ghe-dat-muc-cao-nhat-trong-10-nam-post563535.html