Vietnam's export value of two-shelled mollusks fell by 6 percent to 70 million USD in the first 10 months of the year, according to the Vietnam Association of Seafood Exporters and Processors (VASEP).
This was the third consecutive year that the export value for Vietnamese cephalopod and bivalve mollusk exports had dropped.
The export value dropped by two digits in major export markets, including the US , Japan , ASEAN member countries and China .
In the last nine months, the domestic fisheries industry exported only 58.2 million USD worth of two-shell mollusks, of which the EU market accounted for 69 percent of the marker or nearly 40.5 million USD. Japan made up 9.2 percent, and the US , 8 percent.
In previous years, the industry earned 25-30 million USD from exporting two-shell mollusks to China, but now export value to that country has fallen to only 1.5 million USD.
With such a slowdown in traditional markets, many Vietnamese mollusk exporters have shifted their interest to new markets and obtained encouraging results, with 5 million USD in France , for example, a year-on-year increase of 500 percent.
In addition, Vietnam's mollusk export value to the Australian market increased from 30,000 USD in 2011 to over 1 million USD in the last nine months.
The breeding of commercial two-shelled mollusks started in 2002, mainly spotted in the northern and central coastal provinces of Thai Binh, Nam Dinh, Nghe An, Thanh Hoa, Ha Tinh, Quang Binh, Quang Tri and Thua Thien-Hue.
Of the provinces, Thai Binh and Nam Dinh have the largest farming areas, with each province generating about 50,000 tonnes annually.-VNA
This was the third consecutive year that the export value for Vietnamese cephalopod and bivalve mollusk exports had dropped.
The export value dropped by two digits in major export markets, including the US , Japan , ASEAN member countries and China .
In the last nine months, the domestic fisheries industry exported only 58.2 million USD worth of two-shell mollusks, of which the EU market accounted for 69 percent of the marker or nearly 40.5 million USD. Japan made up 9.2 percent, and the US , 8 percent.
In previous years, the industry earned 25-30 million USD from exporting two-shell mollusks to China, but now export value to that country has fallen to only 1.5 million USD.
With such a slowdown in traditional markets, many Vietnamese mollusk exporters have shifted their interest to new markets and obtained encouraging results, with 5 million USD in France , for example, a year-on-year increase of 500 percent.
In addition, Vietnam's mollusk export value to the Australian market increased from 30,000 USD in 2011 to over 1 million USD in the last nine months.
The breeding of commercial two-shelled mollusks started in 2002, mainly spotted in the northern and central coastal provinces of Thai Binh, Nam Dinh, Nghe An, Thanh Hoa, Ha Tinh, Quang Binh, Quang Tri and Thua Thien-Hue.
Of the provinces, Thai Binh and Nam Dinh have the largest farming areas, with each province generating about 50,000 tonnes annually.-VNA
