In the structure of exported cephalopod products, squid accounted for 54.6% and octopus accounted for 45.4%. In the first quarter of this year, the export value of squid increased by 40% while octopus increased by 29% compared to the same period in 2021. Import demand for processed cephalopod products tended to increase strongly.
Export value of squid products all increased; in which, dried/grilled squids and fresh/frozen squids increased by 33% and 38% respectively. Notably, the export value of processed squid recorded the strongest increase of 99% compared to the same period last year.
The top 5 largest cephalopod import markets include South Korea, Japan, China & Hongkong, Thailand, the EU, the US, Malaysia, Taiwan, and Israel, accounting for 98.4% of the total export value of Vietnam’s cephalopod.
In the above major markets in QI/2022, exports to China & Hongkong experienced the highest growth of 143%. Exports to Japan increased by 50%, exports to South Korea and to the EU increased by 16% and 47% respectively. However, exports to Thailand fell slightly by 0.4%.
South Korea is the largest import market of Vietnam's cephalopod, accounting for 35% of the total export value. In QI/2022, cephalopod exports to this market reached over 55 million USD, up 16%. In the structure of cephalopod products exported to South Korea, the export value of processed squid recorded the strongest increase of 123%, but processed octopus exports decreased by 7%.
According to the data of the International Trade Center (ITC), in the first two months of this year, South Korea's cephalopod imports reached 127 million USD, a decrease of 12% over the same period last year. Vietnam is South Korea’s second largest supplier of cephalopod, after China.
Japan ranked second in importing cephalopod from Vietnam, accounting for 23% of the total export value. In the first quarter of this year, cephalopod exports to Japan reached 36 million USD, up 50% over the same period last year. In the structure of cephalopod products exported to Japan, the export value of processed octopus increased the most by 151%. However, the exports of dried/grilled squids decreased by 97%.
In the next quarter, cephalopod exports are expected to maintain the growth momentum. However, the lack of raw materials and fishing activities affected by high gasoline prices are still the challenges that businesses have to face in the coming time.
Compiled by Phuong Linh
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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