According to statistics of Vietnam Customs, in the first 5 months of 2018, ASEAN has absorbed nearly US$32 million of Vietnamese crphalopod products, an increase of 30% compared with the same period of 2017. Of that , squid still kept as the main export products of Vietnam to ASEAN. The export value of Vietnamese squid to the bloc picked up 97.3% of the total cephalopod export value to the region; while octopus products accounted for 2.7%. Among the products exported to ASEAN, dried/grilled squid products remained the most popular in this market.
Thailand was the main importer of Vietnamese cephalopod in ASEAN. Sales to Thailand accounted for 75% total cephalopod imports into ASEAN. At the same time, this country was also the biggest importer of cephalopod from ASEAN countries.
According to Thai Customs statistics, imports of this product into Thailand were on the upward trend. In particular, imports of cephalopod into Thailand increased continuously in the first 4 months of 2018, in which imports in some month increased by 172%. In the first four months of this year, Thailand imported nearly 7.3 thousand MT of cephalopod, worth by US$32 million, up 89% in volume and 53% in value.
Vietnam currently stayed as the second largest supplier of cephalopod to Thailand, behind China, which accounted for 25%. Overall, in 2018, cephalopod imports into Thailand from main suppliers increased over the same period last year.
|
CEPHALOPOD SUPPLIERS TO THAILAND |
||||||
|
Suppliers |
Volume (kg) |
Value (Thousand US$) |
||||
|
Jan-Apr 2017 |
Jan-Apr 2018 |
Variation (%) |
Jan-Apr 2017 |
Jan-Apr 2018 |
Variation (%) |
|
|
Total |
3,840,749 |
7,260,444 |
89.0 |
20,949 |
32,130 |
53.4 |
|
China |
1,615,944 |
3,870,415 |
139.5 |
6,398 |
13,056 |
104.1 |
|
Vietnam |
1,507,006 |
1,845,547 |
22.5 |
13,405 |
15,642 |
16.7 |
|
Myanmar |
467,558 |
857,260 |
83.3 |
352 |
683 |
94.0 |
|
Cambodia |
230,605 |
652,750 |
183.1 |
567 |
2,355 |
315.3 |
|
Japan |
12,273 |
14,803 |
20.6 |
171 |
270 |
57.9 |
|
Taiwan |
60 |
7,920 |
13,100.0 |
1 |
41 |
4,000.0 |
|
Malaysia |
3,065 |
6,620 |
116.0 |
4 |
8 |
100.0 |
|
South Korea |
845 |
4,302 |
409.1 |
6 |
61 |
916.7 |
|
(Source: Thai Customs) |
||||||
Imports of frozen squid (HS code 030749) made up the highest share of the import value into Thailand; followed by processed squid (HS code160554) and processed octopus (HS code 160555). Imports of frozen squid took up the highest import proportion of 62% of the total import value of cephalopod into Thailand while the remaining products accounted for less than 10%.
The import price of frozen squid into Thailand in the first 4 months of 2018 ranged from US$4.76 to US$10/kg.
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year. UAE mainly imported frozen fillets from Vietnam.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
(vasep.com.vn) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.
(seafood.vasep.com.vn) Sao Ta Food Joint Stock Company (FIMEX VN) has just announced that in March 2024, finished shrimp output reached 2,000 tons and finished shrimp consumption reached 1,693 tons, an increase of 74%, and 42% over the same period in 2023, respectively.
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