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A farmer carries two lobster in central province of Phu Yen. Photograph by VnExpress/Duy Khoi
Lobster exports rose 30 occasions year-on-year within the first six months of the 12 months to US$130 million, in accordance with the Vietnam Affiliation of Seafood Exporters and Producers.
Moreover, surging international demand has precipitated the costs of some lobster species to double.
Tropical rock lobster has risen to VND1.7 million ($73) a kilogram and scalloped spiny lobster to VND1.4 million.
Exports of shrimp merchandise additionally rose within the first half, with shipments of processed whiteleg shrimp going up by 17 p.c and people of black tiger shrimp by 20 p.c.
They fetched $2.3 billion, up 33 p.c from final 12 months. Shrimps account for 40 p.c of Vietnam’s seafood exports.
Shrimp exports to China, the place manufacturing is affected by Covid restrictions, doubled to $275 million within the first 5 months.
VASEP stated Vietnam’s shrimp exporters face challenges like provide scarcity and inflation however are coping by increasing farming areas and specializing in extra demanding markets.
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