In 2019, cephalopod exports to South Korea reached more than US$ 230 million, down 14.8% compared to 2018. After continuous growth in the first 4 months of 2019, exports of this item to South Korea slashed from May to the end of 2019.
Decreasing export prices and unstable consumption demand were one of the factors affecting Vietnamese cephalopod exports to South Korea in 2019. The tariff advantage from the Vietnam-Korea Free Trade Agreement (VKFTA) partly helped the export of Vietnamese cephalopod to this market.
In the structure of Vietnamese cephalopod product exports to Korea, octopus still dominated with 75.6%, squid made up for 24.4%. In 2019, only Vietnam's processed squid exports to South Korea lifted by 35.7%, exports of the remaining products all decreased, in which Vietnam's processed octopus exports to South Korea dropped the most by 22.9%. The two groups of dried/smoked squid and live/fresh/ frozen squid went down by 17.3% and 18.7%, respectively, compared to 2018.
South Korea mainly imports cephalopod product from Vietnam such as dried squid, skin, frozen cleaning processing squid, frozen sushi squid, frozen whole octopus, chilled octopus ...
Currently, Vietnam are enjoying a 0% export tax to Soth Korea for live, fresh, frozen octopus products (HS030751 and HS030759). Dried/salt/live/fresh/frozen octupus was also the product that accounts for the highest proportion of total squid and octopus products exports to Korea.
In 2019, South Korea's cephalopod imports reached US$ 345.8 million, down 8.7% compared to 2018. China was the largest supplier of cephalopod to Korea, accounting for 60%. Vietnam ranked third, accounting for 11% of the total import value of South Korea cephalopod. Among the top 5 main cephalopod supplies for South Korea in 2019, only imports from the Philippines increased, imports from other suppliers all decreased, in which imports of cephalopod from Thailand dropped the most by 35%.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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