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Nov 2016: Vietnam’s cephalopod export to China rocketed
January 09, 2017, 02:19 PM
(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.

However, in Nov 2016, exports to China-Hong Kong valued at US$2.17 million, sharply increasing by 69.8% year on year, those to Hong Kong went up 111.6%. This was the 2nd month in Jan-Nov 2016, shipments to China-Hong Kong reported the positive growth as well as the highest growth rate.

Imports of cephalopod into China in 2016 were on the downward trend. Indonesia was currently the leading supplier of this item to China. However, imports from Indonesia into China in 2016 also tended to slow down from the beginning of the year. Meanwhile, imports from New Zealand and the US into China leaped up from the end of QII/2016.

In 2016, China mainly imported frozen squid (HS code 030749), followed by processed squid (HS code 160554). The average import price of frozen squid into China in 2016 fluctuated from US$1.76 to US$2.61 per kg. Import prices of frozen squid into China rose steadily through the year.

As China, imports of cephalopod into Hong Kong in 2016 also tended to decline. Taiwan stayed as the largest seller to Hong Kong, followed by Thailand and Japan. The average import price of cephalopod from Taiwan into this market in Jan-Sep 2016 ranged from US$5.01 to US$5.99 per kg, equal to the same period of 2015. The import price from Japan doubled since products imported from Japan were mainly processed items.

Imports of cephalopod into Hong Kong (thousand US$)

Suppliers

QI/2015

QII/2015

QIII/2015

QIV/2015

QI/2016

QII/2016

QIII/2016

Taiwan

2,070

1,574

1,585

1,711

1,509

1,649

1,842

Japan

830

1,120

1,031

955

848

1,120

1,246

Philippines

1,455

931

1,042

672

1,239

375

1,231

Thailand

1,577

1,631

1,501

2,013

1,279

1,205

920

New Zealand

148

323

31

8

21

460

502

Korea

285

173

30

308

192

47

298

India

273

327

152

468

168

165

285

Malaysia

337

84

179

186

125

257

261

Madagascar

47

77

51

77

60

62

182

US

12

98

306

199

33

13

100

Written by Ngoc Thuy

Compiled by Dieu Thuy

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Specialist on Marine fish market
Ms Ngoc Thuy
Tel: +84.4.3771.5055 (ext. 202)
Portal of Vietnam Association of Seafood Exporters and Producers (VASEP)
Add: 218 Road Nguyen Quy Canh, Zone A, An Phu An Khanh New Urban Area, District 2, HCM city, Vietnam
Tel: (+84 8) 62810430 / Fax: (+84 8) 62810437 / Email: vasephcmcity@vasep.com.vn
In charge of content: Nguyen Hoai Nam (Mr) – Deputy General Secretary of VASEP
Managing Editor: Phung Thi Kim Thu (Ms.) Tel: (+84 4) 37715055 (ext: 203)
Email: kimthu@vasep.com.vn
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