Marine fish

Cephalopod exports to Japan up in last months of 2020
08:05 02/22/2021

(seafood.vasep.com.vn) In September 2020, Vietnam's export of cephalopod climbed by 20.4% to over US$51 million. In the first 9 months of this year, cephalopod exports reached US$396.3 million, down 7.5% from the same period in 2019.

(seafood.vasep.com.vn) China is the 5th largest importer for cephalopod of Vietnam, accounting for 7.7% of the proportion of cephalopod exports. After falling by 45% in the first quarter, Vietnamese cephalopod exports to China recovered from the second quarter to August of 2020. In the first eight months of 2020, Vietnamese cephalopod exports to China reached US$ 26.6 million, up 53% year on year.

(seafood.vasep.com.vn) South Korea was Vietnam's largest importer for squid and octopus, accounting for 42.5% of the total export value of this item of Vietnam to markets.

(seafood.vasep.com.vn) After dropping 3.6% in the first quarter, Vietnam's export of bivalve mollusks in the second quarter of 2020 continued to decrease slightly by 1.7% over the same period in 2019, reaching over US$23 million. Accumulated in the first 6 months of 2020, the exports of bivalve molluscs reached nearly US$42.5 million, down 1.7% over the same period in 2019.

(seafood.vasep.com.vn) In June 2020, Vietnam's cephalopod exports lifted by 6.5% to over US$ 48 million after decreasing continuously in the previous 3 months. In the first 6 months of 2020, cephalopod exports reached nearly US$ 240 million, down 16.9% over the same period in 2019. The export of Vietnamese cephalopod in the first 6 months of this year was still affected by the Covid-19 epidemic and the limited supply of raw materials for production. China was still Vietnam's importer of cephalopod with the most stable demand in the first 6 months of 2020.

(seafood.vasep.com.vn) In the first five months of 2020, Japan imported cephalopod from 11 suppliers. China, Vietnam, and Thailand were the three largest suppliers, accounting for 81%, 9.5%, and 4.8% of the total import value of Japanese cephalopod respectively.

(seafood.vasep.com.vn) After a slight decrease in the first two months of the year due to the impact of Covid-19 epidemic, Vietnamese cephalopod exports to China has recovered slightly in March and increased sharply in April 2020. It is expected that exports of cephalopod to this market will continue to grow well in May.

(seafood.vasep.com.vn) According to the International Trade Center (ITC), in the first four months of this year, South Korea imported cephalopod from nine importers, of which Vietnam was the third-largest supplier. Cephalopod imports of South Korea in the first four months of this year reached nearly US$96 million, down 13.4% over the same period in 2019. China was the largest supplier of cephalopod for South Korea. South Korea's cephalopod imports from staple suppliers all slumped.

(seafood.vasep.com.vn) In May 2020, Vietnamese cephalopod exports reached nearly US$ 42 million, down nearly 25% compared to May 2019. In the first 5 months of the year, cephalopod exports reached nearly US$192 million, down 21.2% over the same period in 2019. The impact of the COVID-19 epidemic reduced demand and production materials. Therefore, Vietnamese cephalopod exports in the first 5 months of 2020 continued to decline.

Coastal provinces across the country have ramped up the installation of vessel monitoring systems (VMS) in fishing ships as part of measures to combat illegal, unreported, and unregulated (IUU) fishing.

The Mekong Delta province of Tra Vinh plans to expand breeding clams on more than 15,000ha of alluvial grounds along coastal areas, with priority given to poor households, Pham Minh Truyen, director of the province’s Department of Agriculture and Rural Development, said.

(seafood.vasep.com.vn) In the first quarter of 2020, the Covid-19 epidemic broke out worldwide, especially the countries that are importing a lot of Vietnam's seafood, making the country's seafood export results nearly 10% lower than the same period in 2019 to reach 1.62 billion USD.

(seafood.vasep.com.vn) South Korea is still the largest importer of Vietnamese cephalopod, accounting for 39.9% of Vietnam's total export of cephalopod to markets. In the fourth quarter of 2019, cephalopod exports to South Korea reached US$ 61.4 million, down nearly 32% compared to the fourth quarter of 2018.

(seafood.vasep.com.vn) The EU accounted for 66% of Vietnam's total export value of bivalve mollusk to markets. Portugal, Spain and Italia were the three main importers of Vietnamese bivalve mollusk representing for 80% export value to the EU. In the third quarter, exports to these three markets increased sharply by 68%, 13% and 45%. Therefore, exports to the EU grew by 35% in the third quarter and 8.6% in the first 9 months.

(seafood.vasep.com.vn) Vietnamese cephalopod exports to the US in the first 9 months of 2019 reached US$11.4 million, up 63.7% over the same period in 2018. As of September 2019, Vietnamese exports of this item to the US grew continously.


SPECIALIST ON MARINE FISH MARKET

Ms Van Ha

Email: vanha@vasep.com.vn

Tel: +84 24 37715055 (ext. 216)

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