Cephalopod exports to China and Hong Kong in the fourth quarter of 2023 reached 27 million USD, an increase of 5% compared to 2022. After decreasing in the first two quarters of 2023, cephalopod exports to China and Hong Kong, began to recover in the first half of 2023.
In the fourth quarter of 2023, cephalopod exports to China only decreased slightly in December and grew by 4% and 13% in October and November, respectively. China's ban on seafood import from Japan, after Japan's nuclear wastewater discharged into the sea, pushed the market increase imports from other sources, including Vietnam. In addition, the demand for cephalopod in China increased in the fourth quarter to serve the consumption needs of the Mid-Autumn Festival and National Day in this country. It is expected that cephalopod exports to China in the first quarter of 2024 will continue to grow well.
Squid products continue to be Vietnam's main export product group to China and Hong Kong, accounting for 86%; octopus only accounts for 14% of total cephalopod exports to China. In 2023, octopus exports to China and Hong Kong grew by 17%, while squid exports decreased by 9%. The export value of live, fresh, and frozen squid increased by 57%. The export value of processed octopus and dried, salted, live, fresh, and frozen octopus increased by 30% and 14%, respectively.
China imports mainly from Vietnam products such as dried squid, dried cuttlefish, frozen cleaned whole cuttlefish, frozen sorted squid, frozen Tempura breaded squid, and white squid. frozen cut octopus, frozen cleaned whole octopus...
In 2023, the average export price of frozen octopus from Vietnam to China ranged from 2.3–5.3 USD/kg, and the average export price of frozen squid ranged from 1.9–3.6 USD/kg.
|
Top Vietnam cephalopod exporters to China in 2023 |
||
|
No |
Company |
Change (%) |
|
1 |
An Khang Thinh Development Investment Company Limited |
23.0 |
|
2 |
Gia Bao Seafood Service Trading Import Export Company Limited |
16.8 |
|
3 |
Bardo Food Development Company Limited |
9.3 |
|
4 |
Phu Nhuan Investment Construction Trading Service Company Limited |
7.3 |
|
5 |
Saigon Agricultural and Aquatic Products Import and Export Service Trading Company Limited |
6.6 |
|
6 |
Hoa Thanh Asia Company Limited |
5.4 |
|
7 |
Guaranteed Trading Company Limited |
5.1 |
|
8 |
Thinh Minh Hien One Member Company Limited |
4.9 |
|
9 |
South Asia Pacific Trading Service Company Limited |
4.0 |
|
10 |
Hong Chau Co., Ltd. |
1.5 |
|
(VASEP synthesis, data for reference) |
||
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
(seafood.vasep.com.vn) As part of Vietfish 2026, the International Seafood Hosted Buyer Program has been designed as a dedicated B2B matchmaking initiative for selected international buyers. The program provides opportunities to meet directly with Vietnamese seafood companies, gain market insights, and experience Vietnam's seafood supply chain firsthand.
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