Of the total structure of Vietnamese cephalopod, squid accounted for 54.9%, octopus made up for 45.1%.
South Korea was still the largest importer of Vietnamese cephalopod, accounting for 42.6% of the total export value of this item of Vietnam to markets. Vietnamese cephalopod exports to South Korea decreased by 16.9% in May 2020 and fell by 21.2% in the first 5 months of 2020 to nearly US$ 82 million.
Japan ranked second in Vietnamese cephalopod imports, accounting for 25%. Vietnamese cephalopod exports to Japan in the first 5 months of 2020 reached over US$48 million, down 21.7% compared to the same period in 2019.
Vietnamese cephalopod exports to the EU in the first 5 months of this year reached US$ 13.5 million, down 49% compared to the same period in 2019. Italy, Germany, and the Netherlands were the largest importers for Vietnamese squid and octopus. As of May 2020, the export of squid and octopus to Italy, Germany and the Netherlands declined by 57%, 27%, and 38% respectively.
China was the fifth importer of Vietnamese cephalopod, accounting for 7.2% of the proportion. Cephalopod exports to China in May 2020 shot up by nearly 171% to US$ 5.7 million. In the first 5 months of the year, the export of cephalopod to China reached US$ 13.7 million, up nearly 38% over the same period of 2019. China was the only market to sharply increase imports of cephalopod from Vietnam in May and the first 5 months of 2020.
Vietnamese cephalopod exports to China fell in the first two months of this year, then recovered again in March, April and May. From March this year, the COVID-19 epidemic in China was under control. Besides, other countries such as the US, EU, and Japan gradually loosed their quarantine measures, thus the demand for squid and octopus of China has recovered.
China mainly imports from Vietnam such as frozen whole cleaned cuttlefish, frozen classified squid, frozen Tempura breaded squid, dried squid, frozen cut octopus, frozen whole cleaned octopus ...
In the context the Covid-19 epidemic has not been controlled worldwide, the supply of raw materials has decreased, the world's demand for imported squid and octopus and Vietnam's squid and octopus exports is expected to decrease.
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.
(seafood.vasep.com.vn) In February 2024, Vietnam pangasius exports to China and Hong Kong decreased by 65% compared to February 2023, reaching 23 million USD.
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