The proportion of Vietnam's octopus exports to Japan is nearly equivalent to those of squid. In the structure of Vietnam's octopus and squid exported to Japan, fresh/frozen squid(HS 03) accounted for the highest proportion.
According to ITC statistics, in the first 4 months of 2019, Japan cephalopod imports reached US$116.7 million, up 17.2% over the same period in 2018. In particular, cuttlefish and processed products were most imported, accounting for 77% of import value.
In the first 4 months of 2019, Japan increased imports of processed squid products with over US$90 million, up 21% compared to the same period last year. Meanwhile, imports of processed octopus dropped by 6% to over US$23 million, accounting for nearly 20% of total imports of cephalopod. Frozen squid products accounted for only 2.8% of total imports, although Japan tended to increase imports of this product with an increase of 884%.
Main imported products of Japan was processed squid. Vietnam was among the top 4 largest suppliers, after China, Peru and Thailand; followed by Vietnam were South Korea and Spain. China accounted for a dominant proportion in this segment with 88% of Japanese import value, Vietnam only accounted for less than 2%. In the first 4 months of 2019, Japan increased sharply its import of processed squid from China and Peru, and Thailand, while reducing imports from Vietnam, Korea and Spain.
Processed squid products from Thailand and Spain exported to Japan are priced at an average of US $ 21-31/kg, significantly higher than other suppliers (US $ 4.8-6.8 / kg). Along with Thailand and Spain, Vietnam's average import price also increased from US$4.8 in January 2019 to US$5.7 /kg in April 2019, while import price from other suppliers all are reduced.
Vietnam's main cephalopod products exported to Japan in the first months of this year included various products such as frozen whole squid, squid sliced cut, frozen fillet squid, frozen cuttlefish, cuttlefish pine cut, frozen cuttlefish comb cut, processed cuttlefish, sushi squid, breaded octopus ...
The CPTPP Agreement was officially in effect from January 14, 2019. Vietnamese cephalopod exports to Japan in the near future are expected to benefit from preferential tariffs of this Agreement.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's crab export value in March 2024 reached more than 18 million USD, an increase of 66% over the same period last year. Cumulatively, in the first 3 months of the year, export turnover reached more than 52 million USD, up 75% over the same period.
Vietnam's pangasius exports to Brazil reached nearly USD 28 million in the first quarter of 2024, surging by 44% compared to the same period in 2023.
(vasep.com.vn) According to Vinh Long Statistics Department, the whole province currently has 2,119 hectares of aquaculture area, an increase of 1.03% (equivalent to an increase of 21.62 hectares) over the same period last year; Of which the industrial pangasius farming area is 370.8 hectares, an increase of 0.12% or an increase of 0.42 hectares.
(seafood.vasep.com.vn) 2023 was an unsuccessful year not only for Vietnamese but also for Thailand tuna exporters in the Middle East market. Thailand's tuna exports to this market decreased by 21% in value and 27% in volume compared to 2022. Therefore, the Middle East dropped to second position among Thailand's export markets after the US, accounting for 22% of total export turnover in 2023.
Competent ministries, sectors and localities should continue efforts to lift the European Commission’s “yellow card” against the Vietnamese seafood products for illegal, unreported and unregulated (IUU) fishing, as an inspection team of the commission will visit Vietnam soon, Minister of Agriculture and Rural Development Le Minh Hoan.
(seafood.vasep.com.vn) According to data from Vietnam Customs, in March 2024, Vietnamese pangasius export turnover to markets reached 156 million USD, down 14% over the same period. Vietnam pangasius export value in QI/2024 reached 411 million USD, down 3% compared to QI/2023.
(vasep.com.vn) According to data from the Department of Fisheries, as of March 20, 2024, the shrimp farming area reached about 348,670 hectares, including 334,799 hectares of black tiger prawn farming area and 13,871 hectares of white leg shrimp farming area.
(seafood.vasep.com.vn) Vietnam's tuna exports reached around $84 million in March 2024, a 17% rise. Vietnam's total tuna export revenue for the first three months of 2024 was $215 million, up 19% from the same time in 2023 but down 17% from 2022. It is anticipated that tuna exports may miss the billion-dollar mark as in 2022 at this rate and the difficulties the business faces.
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.
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