Export of live crabs and crabs increased dramatically, more than 4 times higher than the same period

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first 2 months of 2024, Hong Kong (China), China and Singapore all dramatically increased imports of live crabs from Vietnam, making an important contribution to bringing Vietnam's total live crab export turnover increased more than 4 times over the same period in 2023, reaching 11.3 million USD.

Export of live crabs and crabs increased dramatically, more than 4 times higher than the same period

In particular, exports of live mud crabs (blue crabs) and live crabs to Hong Kong (China) have increased 2.2 times to over 1.6 million USD in the past 2 months, accounting for 14% of total live crab exports. of Vietnam.

Mainland China is the main consumer market for Vietnam's live crab products, accounting for 82% of export value to markets, with the turnover increasing the most, nearly 6 times higher than the same period last year, reaching over 9.2 billion USD, mainly live mud crabs.

Although the turnover is still modest, Singapore 's demand for importing live crab from Vietnam has increased 5 times compared to the same period last year and is the third largest market after China and Hong Kong (China).

In February alone, Vietnam's live crab exports reached nearly 10 million USD, possibly due to the Lunar New Year holiday in China and Asian countries, increasing demand for live products.

Mud crab is a popular farming species in some Asian countries such as Bangladesh, India, Thailand, Philippines, Vietnam... Mud crab has high demand and price in the international market. Crab meat is very delicious and many countries around the world import large quantities of crab for consumption each year. Mud crab is one of the products with high economic value, which many Ca Mau people raise intercropped with shrimp and fish.

Also according to VASEP, in the first two months of this year, Vietnam's total imports of crabs and other crustaceans reached 33.7 million USD, nearly double the same period last year.

Of which, crab exports reached 24.6 million USD, an increase of 2 times, crab exports reached 8.8 million USD, an increase of 53%, the rest were other crustaceans. Live crab export products alone account for 1/3 of the value with 11.3 million USD.

In addition, Vietnam also exports crabs, frozen crabs, processed crabs such as ground crabs, canned pasteurized crabs, crab legs, snow crab meat, snow crab leg meat... to typical markets such as the US, Japan, Korea, Australia.