ANALYSIS: Vietnam Gains Share in Chinese Lobster Imports Amid Shifting Tariff Dynamics
According to Chinese customs data, lobster imports in May were effectively unchanged year‑on‑year at 5,652 MT (vs 5,610 MT last year) and remained above the average levels recorded over the past five years. Vietnam was the largest supplier by volume in May with 2,239 MT (40% share), followed by Canada at 1,996 MT (35%). Vietnamese supply is largely farm‑raised, originates in coastal waters, and is substantially cheaper than Canadian product, which helps explain the steady rise in Vietnamese shipments to China, despite differences in quality...
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