Among European countries, Germany was the second largest cephalopod importing market of Vietnam. It was the only EU top-3 market to experience positive growth in H1/2015.
In the first months of this year, Germany reduced imports of frozen cephalopod but imports of live, fresh, chilled squid (HS 030 741) and live, fresh, chilled octopus (HS030751) increased.
Data from International Trade Centre (ITC), in Q1/2015, Germany imported 1,366 MT of frozen squid (HS 030749) from 20 countries, mostly from Spain, the Netherlands and Vietnam. Import value was US$ 5.41 million. Meanwhile, the market imported 421 MT of frozen octopus, worth US$ 2.25 million.
In Q1/2015, Germany imported 153 MT of frozen squid from Vietnam with the value of US$ 687 thousand.
German imported frozen octopus from 12 countries, mostly from Spain, Belgium and Vietnam. In Q1/2015, Germany imported of frozen octopus from Vietnam with volume of 20 MT, worth USD 69 thousand, an increase compared with 19 MT and US$ 78 thousand in the same period last year.
Vietnam was the 7th biggest source of processed squid in Germany. In Q1/2015, Vietnam earned US$ 85 thousand from exporting processed squid to Germany. Vietnam is also the second biggest source of processed octopus to Germany. In Q1/ 2015, US$ 77 thousand was the result of processed octopus export from Vietnam to Germany.
Cephalopod imports of Germany 2014 - 2015 (Unit: MT) |
||||||
HS code |
Product |
QI/2014 |
QII/2014 |
QIII/2014 |
QIV/2014 |
QI/2015 |
030749 |
Frozen squid |
2,234 |
2,117 |
2,204 |
1,652 |
1,366 |
030759 |
Frozen octopus |
445 |
353 |
550 |
343 |
421 |
030741 |
Live, fresh or chilled squid |
185 |
146 |
209 |
259 |
227 |
030751 |
Live, fresh or chilled octopus |
44 |
45 |
60 |
87 |
133 |
Cephalopod import price of Germany 2014 - 2015 (Unit: US$/MT) |
||||||
HS code |
Product |
QI/2014 |
QII/2014 |
QIII/2014 |
QIV/2014 |
QI/2015 |
030749 |
Frozen squid |
4,876 |
5,104 |
4,948 |
4,654 |
3,963 |
030759 |
Frozen octopus |
5,479 |
6,076 |
5,216 |
5,385 |
5,363 |
030741 |
Live, fresh or chilled squid |
6,897 |
7,171 |
6,201 |
5,208 |
6,507 |
030751 |
Live, fresh or chilled octopus |
9,000 |
10,333 |
10,133 |
10,092 |
9,895 |
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn