Vietnam seafood exports has finished year of 2016 with positive results, meeting target of US$7.05 billion, up 7.3% compared to 2015, though the fisheries sector experiencing difficulties in raw material sources due to the drought and salinity and the barriers such as anti-dumping tariff in the US market.

(seafood.vasep.com.vn) EU tend to raise imports of cephalopod in 2016. Spain was the largest importer in the bloc, followed by Italy and Portugal.

(seafood.vasep.com.vn) According to General Department of Vietnam Customs, Vietnam’s cephalopod exports to China-Hong Kong, in Jan-Nov 2016 were worth by US$15.4 million, down 23.5% year on year. Of that, exports to Hong Kong reached US$5.04 million, down 2.8% compared to the same period of 2015.

(seafood.vasep.com.vn) According to General Department of Vietnam Customs, in Jan-Nov 2016, Vietnam’s bivalve mollusk exports were worth by US$75.1 million, up 0.5% from the same period last year. The figure in Nov 2016 amounted to US$7.5 million, up 1.9% year on year.

(seafood.vasep.com.vn) According to General Department of Vietnam Customs, Vietnam’s cephalopod exports in Jan-Nov this year totaled US$391.03 million, down 0.5% from the same period last year. The figure in Nov 2016 was US$49.05 million, up 27% year on year. Notably, in November, Vietnam’s cephalopod exports to 9 main importing markets reported the positive growth. Of that, shipments to Taiwan showed the highest increase (+91.2%) with the value of US$766 thousand, followed by China and Hong Kong (+70%) with US$2.1 million. Exports to top 3 largest importing markets, including South Korea, Japan and EU all rose by over 16% year on year.

Vietnam’s export turnover of aquatic products reached US$7 billion in 2016, an increase of 6.6% over 2015, reported the Ministry of Agriculture and Rural Development.

(seafood.vasep.com.vn) Imports of bivalve mollusks into Portugal in the first 9 months of 2016 tended to go up over the same period last year. Spain is the leading supplier of bivalve mollusks to the market, followed by Viet Nam and New Zealand.

(seafood.vasep.com.vn) After declines, imports of cephalopod into the US tended to rise from the beginning of the year. The import volume peaked at 24,858 MT in QIII/2016, QII/2016 with 22,475 MT and QI/2016 with 22,080 MT. This was driven by an increase in demand for this item for the upcoming holidays.

(seafood.vasep.com.vn) According to Vietnam Customs, as of 30th Oct 2016, Vietnam’s bivalve mollusk exports to Spain were worth by US$13.2 million, up 26.5% compared to the same period of 2015. Shipments to Spain accounted for 20% of total export value of Vietnam’s bivalve mollusks and the market also stayed as the 1st largest importer of the item from Vietnam in the EU.

(seafood.vasep.com.vn) According to General Department of Vietnam Customs, in the first 10 months of this year, Vietnam’s cephalopod exports valued at US$341.9 million, down 3.5% compared to the same period in 2015. The figure in Oct 2016 was US$43.6 million, up 5.6% compared to the same period in 2015. Exports were on the upward trend in the recent months.

Exports of bivalve molluscs to Spain in ten months leading up to November hit US$13.2 million, a year-on-year increase of 26.5%, according to the statistics from the General Department of Vietnam Customs.

(seafood.vasep.com.vn) Hung Hau Agricultural Corporation (HOSE: SJ1) announced its quarterly financial report in QIII/2016. Accordingly, net revenue in the period reached VND260.8 billion, a two-fold increase year on year. Despite higher cost of goods sold, its gross profit surged up to VND25.68 billion compared with VND13.8 billion in the same period of 2015.

(seafood.vasep.com.vn) In QIII/2016, Vietnam cephalopod exports reached US$118.9 million, up 4.1% year on year. The revenue in QIII/2016 was higher than that in QI and QII/2016.

(seafood.vasep.com.vn) Ngo Quyen Processing Export Joint Stock Company (Ngoprexco-NGC) announced its fiscal third quarter 2016 financial statement with positive results. In general, the production and business performance in QIII/2016 such as production output, consumption and profit was higher than the same period of 2015.

(seafood.vasep.com.vn) According to the General Department of Vietnam Customs, in the first 8 months of this year, Vietnam cephalopod exports valued at US$259.68 million, down 6% compared to the same period in 2015.