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) On November 18, Ms. Truong Ha Phuong Anh, Director of the Center for Investment Promotion and Business Support (iPEC), stated that during the Ca Mau Province Agricultural and Aquatic Products Trade Promotion Conference 2024, held on November 15, there were 209 direct trade interactions between 42 seafood processing and exporting enterprises, OCOP producers in the province, and five leading domestic retail companies: Central Retail, Saigon Co.op, Kingfood Mart, Bach Hoa Xanh, and Satra Supermarket.
In 2024, the Binh Dinh Agricultural Extension Center successfully implemented a semi-intensive and intensive two-stage whiteleg shrimp farming model using Semi-Biofloc technology.
(seafood.vasep.com.vn) Recently, the area dedicated to super-intensive, high-density whiteleg shrimp farming in Trà Vinh Province has been rapidly expanding due to its high productivity and economic efficiency.
(seafood.vasep.com.vn) In collaboration with provincial authorities, specialized agencies, and local coastal governments, seafood processing and export enterprises in Binh Dinh Province are actively working to address issues related to illegal, unreported, and unregulated (IUU) fishing. The shared goal is to have the European Union's "yellow card" removed this year.
(seafood.vasep.com.vn) Ca Mau Province has affirmed its position as the "shrimp kingdom" of Vietnam, with the largest area for ecological shrimp farming in the country.
(seafood.vasep.com.vn) According to data from Vietnam Customs, the export value of pangasius in October 2024 reached nearly $202 million, representing a 17% increase year-on-year. Cumulatively, pangasius exports to various markets in the first ten months of 2024 totaled $1.7 billion, marking a 9% growth compared to the same period last year.
(seafood.vasep.com.vn) On the afternoon of November 6th, Vietnam time, U.S. media announced the preliminary vote count showing that Donald Trump won the 2024 U.S. presidential election. His victory is expected to bring significant changes in taxes, trade, investment, and more. As a result, Vietnam's tuna exports will also be affected.
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
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