According to data from the International Trade Centre (ITC), in Jan-May 2016, Japan imported 35,637 MT of cephalopod from 23 countries worldwide, with the largest volume from China. In the first 5 months of this year, China exported 10,495 MT of cephalopod to Japan, followed by Morocco and Mauritania with the volume of 11,772 MT and 4,452 MT, respectively. In the period, Vietnam exported 3,777 MT of cephalopod to Japan and stayed as the 4th largest supplier of cephalopod to this market.
The average price of cephalopod imported into Japan in the first 5 months of this year was in the range of US$6.25 to US$6.86 per kg.
Out of top 5 cephalopod exporters to Japan, the average export price of Thailand to this market reached the highest. Those from the others were the same. The export price of Vietnam to Japan in Jan-May 2016 was about US$6.4-7.06/kg.
Japan currently increased imports of cephalopod for its domestic consumption. This was partly driven by an enhancement in tightening catch limits of Japan's Fisheries Agency to address concerns about overfishing in its waters. On the other hand, the yen up against the dollar is an advantage for cephalopod suppliers to Japan. Currently, the USD to JPY exchange rate is 1 USD = 106 JPY, while in March it was 1 USD = 110 JPY.
Japan stays as the 3th largest importer of frozen octopus (HS code 030759) in the world, accounting for nearly 20%. Meanwhile, it is the leading importer of processed octopus (HS code 160555), accounting for over 45%.
|
The average import price of frozen octopus into Japan (HS code 030759) (US$/kg) |
|||||
|
Suppliers |
Jan |
Feb |
Mar |
Apr |
May |
|
Morocco |
6.21 |
5.8 |
5.8 |
6.18 |
6.44 |
|
Mauritania |
6.19 |
6.36 |
6.51 |
7.05 |
6.83 |
|
China |
8.03 |
7.96 |
8.07 |
7.85 |
7.94 |
|
Vietnam |
5.36 |
5.41 |
5.01 |
5.29 |
6.11 |
|
Mexico |
5.48 |
6.1 |
7.09 |
8.12 |
7.71 |
|
Thailand |
4.65 |
4.37 |
4.5 |
4.7 |
4.44 |
|
Senegal |
8.33 |
5.46 |
|||
|
Indonesia |
6.93 |
7.26 |
6.9 |
7.6 |
5.53 |
|
Malaysia |
5.2 |
5.83 |
|||
|
Greece |
8.85 |
||||
Written by Ngoc Thuy
Compiled by Dieu Thuy
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
(vasep.com.vn) Changing markets, shifting buyer demand, and increasingly complex trade barriers are raising a key question for Vietnam’s seafood industry: Where will the new growth opportunities lie in 2027–2029?
(seafood.vasep.com.vn) As of the end of August 2026, Vietnam’s tilapia exports to the United States reached $21 million, representing a steep 48% year-over-year decline and accounting for 23% of the country's total tilapia export turnover. Frozen fillets accounted for 78% with the remainder consisting of whole frozen tilapia and frozen cuts.
(seafood.vasep.com.vn) After a volatile first half of the year, Vietnam’s pangasius exports to Brazil registered robust growth in July and August 2026. In August alone, export turnover reached $19 million, surging 73% compared to the same period in 2025. Cumulatively for the first eight months, total export value reached $124 million, reflecting an 8% year-over-year increase.
(seafood.vasep.com.vn) Besides modifying their boats, many fishermen in Dak Lak province are making efforts to venture out to sea to harvest seafood during the rough sea season.
(seafood.vasep.com.vn) At the Responsible Seafood Summit and TCRS Shrimp Summit 2026, organized by the GSA (Global Seafood Alliance) in Bangkok, Thailand, the conversation about the future of the shrimp industry began with one of its most important foundations: seedstock quality.
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