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Vietnam’s cephalopod exports to Taiwan went up 85.3%
May 25, 2018, 12:01 PM
(seafood.vasep.com.vn) Last year, Vietnam’s cephalopod exports to Taiwan decreased. However, this year, Vietnam’s exports of this item to the market tend to increase continuously in the first months of 2018. Taiwan continues to be put in top 9 largest importers of Vietnam cephalopod.

Specifically, as of 15th Mar 2018, Vietnam’s cephalopod exports to Taiwan valued at US$1.1 million, up 85.3% over the same period in 2017. Currently, Vietnam mainly shipped live/fresh/frozen squid to this market, accounting for 64% of total export value, followed by processed octopus products with 26%.

Vietnam currently ranked the second largest supplier of cephalopod to Taiwan, picking up 18% of the total import value. China ranked the first with 42%; Japan ranked the third with 13%, followed by Indonesia with 8%.

In 2017, cephalopod imports into Taiwan reached just over 2,000 MT, worth by US$10.8 million, down 95% in volume and 87% in value compared to 2016.

Taiwan's cephalopod imports from major suppliers decreased, of which, imports from China, Vietnam and Indonesia decreased by 87%, 46% and 95%, respectively.

The average import price of cephalopod into Taiwan in 2017 quoted at US$5.2/kg, of which that from China reached US$7.9 / kg; that from Vietnam was US$3.7/kg; that from Japan was US$12.5/kg and that from Indonesia was US$4.3/kg.

As in previous years, Taiwan imported a lot of processed cephalopod products (HS code16), then from 2017, this country mainly imported processed and frozen/smoked /salted items.

CEPHALOPOD IMPORTS INTO TAIWAN BY PRODUCTS (MT)

Products

2013

2014

2015

2016

2017

Total

25,916

20,141

34,892

39,389

2,065

Processed squid

35

1,326

1,159

1,266

1,341

Frozen/smoked/salted squid

24,943

18,062

32,945

37,075

463

Processed octopus

14

174

189

245

254

Frozen/smoked/salted octopus

920

574

593

747

4

Fresh/live/chilled octopus

1

2

2

2

3

Fresh/live/chilled squid

3

3

4

54

 

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Ms Kim Thu
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Portal of Vietnam Association of Seafood Exporters and Producers (VASEP)
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