Cephalopod exports to China rose by 2 digits in the 3 months of the third quarter of 2020. In the third quarter of 2020, the export of Vietnamese cephalopod to China reached over US$13 million, up 43.8% compared to the second quarter of 2019.
In the first 9 months of the year, cephalopod exports to China reached US$30.9 million, up 49.5% over the same period in 2019. China had the strongest growth rate in the import of cephalopod from Vietnam in the third quarter and first 9 months of 2020.
Since March 2020, the Covid-19 epidemic in China has been less tense. Besides, other countries such as the US, EU, and Japan gradually loosen the quarantine measures to prevent the epidemic, so China's demand for squid and octopus to recover. Moreover, other suppliers to China have difficulty supplying goods to the Chinese market, so China increased imports from Vietnam to compensate.
In the first 9 months of 2020, in the structure of Vietnamese cephalopod exports to China, squid accounted for 91.5%, octopus made up only 8.5%. Amid the Covid-19 epidemic occurring worldwide, the demand for squid, especially dried/baked squid, tends to increase strongly in China as well as in all importers. Imported processed squid and dried/baked squid to China from Vietnam soared by 121% and 146% year-on-year, respectively. Besides, China also lifted by 47% in imports of processed octopus from Vietnam.
China imports mainly from Vietnam products such as frozen cleaned whole cuttlefish, frozen graded squid, tempura squid, dried squid, frozen cut octopus, frozen cleaned whole octupus...
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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