These were driven by the shortage of raw materials for processing and partly because the purchasing power in markets was not high.
According to data from the General Department of Vietnam Customs, Vietnam cephalopod exports in Jan-Jul 2016 reached US$218.5 million, down 7.3% compared to the same period in 2015. Of that, exports to South Korea touched US$81.22 million, accounting for 37.2%, those to Japan achieved US$55.06 million, taking up 25.2%.
In the period, Chinese exports of smoked/salted/dried/frozen cuttlefish and squid showed the growth. The export price of these items this year was higher than the same period of the last 2 years. Thailand stayed as the leading importer of smoked/salted/dried/frozen cuttlefish and squid from China, followed by the Philippines. However, the export price of Chinese processed cuttlefish and squid this year quoted at lower prices than last year. In general, the average export price of Chinese items tended to decline from the beginning of this year and rose up in late May. Japan, the U.S. and South Korea were the top 3 importers of its processed cuttlefish and squid.
In Jan-Jul 2016, Vietnam squid exports totaled US$123.79 million, making up 56.7%. In particular, exports of live/fresh/frozen squid (HS code 03) reached the highest export value, followed by dry/grilled squid (HS code 03). Exports of other processed squid (HS code 16) in the first 7 months of this year gained US$7.35 million.
Vietnam octopus exports in the first 7 months of this year valued at US$94.706 million, of which, exports of processed octopus (HS code 16) hit US$20.15 million, and those of dried/salted/live/fresh/frozen octopus (HS code 03) were US$74.54 million. Vietnam exports of octopus accounted for 43.3% of total cephalopod exports, down slightly from 44.56% in the same period of 2015.
Written by Ngoc Thuy
Compiled by Dieu Thuy
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.
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