Lobster exports reel in practically 30 million USD in January and February, an over 18-fold improve in comparison with the identical interval final yr. (Picture: VNA)

Hanoi (VNA) – Lobster exports reeled in practically 30 million USD in January and February, an over 18-fold improve in comparison with the identical interval final yr, the Vietnam Affiliation of Seafood Exporters and Producers (VASEP) has reported.

China remained the biggest importer of the product with a price of practically 29 million USD, 27 instances larger in opposition to 2023.

Since October 2023, China has ceased importing Vietnamese ornate spiny lobsters as a consequence of rules associated to its wild animal safety regulation. On January 20 this yr, a delegation from the Ministry of Agriculture and Rural Growth led by Deputy Minister Tran Thanh Nam labored with the authorities of China’s Guangdong province on agricultural commerce growth cooperation. Either side agreed to coordinate in resolving points associated to the commerce of sturgeons and spiny lobsters underneath particular mechanisms.

Other than China, Vietnam additionally exports lobsters to Thailand, Malaysia, Singapore, and the US.

In response to VASEP, seafood exports additionally rose by 13% yearly within the interval, primarily pushed by a outstanding 64% surge in January.

A number of key merchandise noticed optimistic progress within the two months, with the export turnover of whiteleg shrimp rising by 18%, tuna 21%, tra fish 6.5%, and large tiger prawn 9%./.