By July 2014, total exports value of Vietnam cephalopod reached US$ 264.4 million, up 13.9% year on year. Three years ago, the value of octopus was only about 30-35% of the total exports; however, this became nearly 41%.
The proportion of octopus exports of Vietnam increased in the first six month of the year and the large demand of the global market is remained. The most difficult challenge for Vietnam seafood enterprises at present is the short raw material supply. India, the biggest octopus supplier to Vietnam is facing the shortage of raw materials.
Demand of the world market on cephalopod is high in 2014 however, Vietnam exporters also faces to stronger competition from other suppliers.
According to ITC, in the first half of 2014, South Korea, the world’s biggest octopus consumer market imported more octopus products. In particular, octopus, frozen, dried, salted or in brine (HS030759) was accounted for 46-52% of total import value. From March to June 2014, import value of octopus (HS030759) of South Korea increased by 10-12% per month, up from 15% to 25% year-on year.
Japan, the second also had a similar trend in the first half of the year. In Q2, Japan octopus imports increased with monthly average rate of 26-33%. Octopus (HS030759) was accounted for 31-64% of the total import value. In 1H, imports of octopus (HS030759) also increased from 3-12% year on year. Octopus from Vietnam took up 4.5-5% of total imports of octopus (HS 030 759) by Japan, while Morocco, China and Mauritanie, the 3 largest competitors, were accounted for 65-75% of the market share.
In the United States, octopus (HS030759) was the second most imported (after the squid frozen, dried, salted or in brine (HS030749), nevertheless, its value in 1H 2014 increased by 17-33% each month. It was difficult for Vietnam octopus to compete with fierce competitors such as Spain, Portugal, Indonesia, the Philippines, China and Thailand. Exporters of these countries had the know-how to import to America with large quantities and price stability.
|
Vietnam Cephalopod exports in Jan – Jun 2014 (US$ millions) |
||||||
|
Product |
Q1/2014 |
Q2/2014 |
6T/2014 |
Jan-Jul/2014 |
Jan-Jul/2014 |
Y-o-y changes (%) |
|
Squid (1) |
56.871 |
72.735 |
129.606 |
157.054 |
149.085 |
5.34 |
|
- Other processed squid (HS code 16) |
4.542 |
4.346 |
8.888 |
10.350 |
13.418 |
-22.8 |
|
- Dried/grilled squid (HS code 03) |
21.748 |
26.967 |
48.715 |
59.745 |
50.666 |
17.9 |
|
- Live/fresh/frozen squid (HS code 03) |
30.582 |
41.422 |
72.003 |
86.959 |
84.999 |
2.3 |
|
Octopus (2) |
34.903 |
54.810 |
89.713 |
107.301 |
82.984 |
29.3 |
|
- Processed octopus (HS code 16) |
7.018 |
7.901 |
14.920 |
17.687 |
18.232 |
-2.98 |
|
- Dried/salted/live/fresh/frozen octopus (HS code 03) |
27.885 |
46.909 |
74.794 |
89.613 |
64.752 |
38.3 |
|
Total (1 + 2) |
91.774 |
127.545 |
219.320 |
264.356 |
232.070 |
13.9 |
(seafood.vasep.com.vn) Vietnam’s pangasius industry is facing new opportunities to expand its development space as many localities and businesses begin promoting marine farming models aimed at diversifying farming areas and adapting to climate change. However, for pangasius to truly “go offshore” and develop into a large-scale industry segment, significant challenges related to technology, broodstock, and markets still need to be addressed.
(seafood.vasep.com.vn) Vietnam’s tilapia exports in April 2026 reached USD 11 million, up 92% compared to the same period in 2025. This strong growth indicates that Vietnamese tilapia products are continuing to penetrate and expand rapidly in international markets. Cumulative export turnover in the first four months of 2026 reached USD 49 million, up 151% year-on-year.
(seafood.vasep.com) At VietShrimp Asia 2026, disease management trends in shrimp farming are shifting strongly from treatment-based approaches toward proactive prevention through environmental and pond ecosystem control.
(vasep.com.vn) After a period of strong growth, with export turnover reaching USD 38 million in Q1/2026 — up 174% year-on-year — the sector’s rapid expansion clearly reflects growing market opportunities.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s pangasius exports to the ASEAN bloc reached USD 44 million, up 7% compared to the same period in 2025. After falling to the lowest level of the quarter at USD 9 million in February — reflecting the seasonal slowdown in orders after the festive period — exports recovered strongly to USD 18 million in March, the highest monthly value of the quarter. This development shows that import demand for pangasius in ASEAN remains relatively stable despite short-term fluctuations.
(seafood.vasep.com.vn) On May 11, 2026, the US National Oceanic and Atmospheric Administration (NOAA) announced a positive comparability finding for Vietnam’s swimming crab fisheries, along with those of Indonesia and Sri Lanka, under the Marine Mammal Protection Act (MMPA). With this decision, seafood and seafood products harvested from Vietnam’s swimming crab fisheries will continue to be eligible for import into the US market.
(seafood.vasep.com.vn) After a slowdown in 2025, Vietnam’s tuna exports to Germany showed more positive signs in the first quarter of 2026. However, the recovery remains uncertain as consumer demand in Germany is still cautious, while market competition is increasingly driven by pricing and supply stability.
(seafood.vasep.com.vn) After a sharp decline in 2025, Vietnam’s tuna exports to Israel are showing positive signs of recovery in the early months of 2026. According to Vietnam Customs data, export turnover to this market grew steadily month by month in Q1/2026, reaching nearly USD 10 million, up 33% compared to the same period in 2025. However, compared to Q1/2024, this level remains significantly lower, indicating that the recovery is still in its early stage following last year’s strong adjustment.
(seafood.vasep.com.vn) Entering 2026, the U.S. whitefish market has shown complex developments as global cod supply continues to tighten, while the U.S. trade environment becomes less stable. In this context, the U.S. market has had to become more flexible in sourcing alternative whitefish. However, relying heavily on Alaska pollock is not a long-term solution, as it is a strictly managed fishery with quotas and sustainability regulations, limiting any rapid increase in output to offset cod shortages.
(seafood.vasep.com.vn) Aquaculture, capture fisheries, and seed production activities in Lam Dong in the early months of 2026 continued to show positive signs, with both output and farming area slightly increasing compared to the same period, contributing to maintaining overall industry stability.
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