Viet Nam Increases Bivalve Mollusk Exports to the EU07 June 2013
VIET NAM - Between January and April 2013, Viet Nam's bivalve mollusk exports increased by 6.9 per cent compared to the same period of 2012, mainly due to a growth in sales to the EU market.
The EU market represented 73 per cent of total earnings. Shipment to Portugal was also up 6.5 per cent, Spain up 17 per cent and Italy 75.7 per cent, reports VASEP.
However, in March to April 2013, a slowdown was observed in Vietnamese exports to the US and South Korea.
The US market reported 12.2 – 13.7 per cent drop in purchase of bivalve mollusks from Viet Nam. That of South Korea went down 34 – 59 per cent over the same period of 2012.
The import price for bivalve mollusk is decreasing as many key consumer markets experience quiet demand for this kind of product. It will be difficult for Vietnamese companies to boost exports in Q2 and Q3 of 2013.
Therefore, exporters should diversify their products and carefully consider investing in bivalve mollusk export.
TheFishSite News Desk