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Vietnam cephalopod exports to Russia rose by 889%
June 19, 2018, 08:56 AM
(seafood.vasep.com.vn) Russia was put in top 9 leading buyers of Vietnam cephalopod with the impressive import growth. From the beginning of this year, Vietnam’s cephalopod exports of this item to the market increased continuously. The figure in the first three months of 2018 reached US$1 million, up 889% over the same period in 2017.

Russia currently increased imports of fresh/frozen/dried/salted octopus from Vietnam. The export value of this product to Russia accounted for more than 90% of total export value. This year Vietnam promotes shipments of this product group to Russia. In addition, Vietnam also boosts fresh/frozen squid products to this market.

VIETNAM’S CEPHALOPOD EXPORTS TO RUSSIA BY PRODUCTS

Products

Jan-Mar 2018

Jan-Mar 2017

Variation (%)

Dried/salted/live/fresh/frozen octopus (HS 03)

916,567

102,304

796

Live/fresh/frozen squid (HS 03)

95,140

 

 

Total

1,011,707

102,304

889

According to the statistics of Trademap, Russia's cephalopod imports in the last 3 years from 2015 to 2017 were unstable. However, in 2017, Russia tended to increase imports of this item.

According to a recent report by the Federal Customs Service of Russia, in 2017, imports of frozen/dried/salted squid (HS code 030749) accounted for 58% of the country's total mollusk imports; followed by processed squid (HS code 160554) with 41% of the total import value.

Compared to 2017, imports of frozen/dried/salted squid (HS code 030749) into Russia dropped by 23%, while those of processed squid (HS code 160554) decreased by 33%.

In 2016, Vietnam held as the third largest supplier of cephalopod to the market. By 2017, Vietnam had to compete strongly with big rivals such as China, Peru, Belarus and Thailand.

In 2018, Vietnam’s cephalopod exports to this market expected to recover.

CEPHALOPOD IMPORTS INTO RUSSIA (MT)

Products

2013

2014

2015

2016

2017

Total

50,546

74,522

41,733

48,041

42,659

Frozen/smoked/salted squid

25,413

42,650

24,834

28,617

24,755

Processed squid

10,259

14,245

8,366

10,709

17,111

Processed octopus

2,082

2,168

744

610

711

Frozen/smoked/salted octopus

12,749

15,398

7,779

8,091

78

Fresh/live/chilled octopus

10

17

3

7

4

Fresh/live/chilled squid

33

44

7

7

0

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Specialist on Marine fish market
Ms Van Ha
Tel: +84.24.3771.5055 (ext. 216)
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