Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.

VOV.VN - The opening six months of the year witnessed Vietnamese lobster exports to China surge 174% year on year to US$122 million in value, making China the largest consumer of the Vietnamese product, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

VOV.VN - Vietnam expects China will remove obstacles and set aside a transitional period for Vietnamese rock lobsters to enter its market.

VOV.VN - Despite Vietnamese lobster exports to China during the initial eight months of the year declining by 42% year on year to US$76 million, the northern neighbour remains the largest importer of Vietnamese lobster, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

VOV.VN - Vietnamese lobster exports during the opening nine months of the year witnessed a seven-fold increase year on year to US$179 million, with 90% generated from the Chinese market, recording a three-digit growth.

VOV.VN - Vietnam raked in an estimated US$130 million from exporting lobsters in the first six months of 2022, seeing a 30 fold increase compared to the same period last year.