Lobster-crazy China sets record for US crustacean imports

Summary

Interest in American lobster has grown in other countries in Asia as well, such as South Korea, which grew from less than $5 million in 2010 to nearly $28 million last year. Vietnam's imports grew from $142,940 to more than $31 million in that time. One of the factors spurring the growth of lobsters in China appears to be the growth of the country's middle class, said Stephanie Nadeau, owner of The Lobster Company, in Arundel, Maine, which is a key player in the export business. American lobsters tend to be less expensive in China than other live seafood, such as spiny lobsters and geoduck clams, she said.

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