According to statistics of Vietnam Customs, Vietnam’s cephalopod exports to Thailand in the first four months of this hit nearly US$24 million, up 21% over the same period last year.
In terms of volume, imports of processed squid products into Thailand accounted the highest proportion of over 50% in total import volume of cephalopod into Thailand; followed by frozen squid products. However, in terms of value, frozen squid is the most imported product, while processed squid ranked the second. Compared with the same period last year, imports of squid and octopus products into Thailand were on the upward trend.
CEPHALOPOD IMPORTS INTO THAILAND BY PRODUCTS (Thousand US$) |
||||||||||||
Products |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
Squid 2017 |
5,804 |
2,534 |
6,143 |
4,540 |
7,363 |
8,115 |
7,982 |
6,538 |
7,893 |
5,792 |
6,601 |
9,777 |
Squid 2018 |
10,655 |
4,344 |
6,260 |
8,428 |
|
|
|
|
|
|
|
|
Octopus 2017 |
580 |
381 |
650 |
317 |
316 |
397 |
296 |
401 |
302 |
428 |
274 |
787 |
Octopus 2018 |
364 |
749 |
555 |
775 |
|
|
|
|
|
|
|
|
(Source: ITC) |
In the first 4 months of 2018, Thailand imported cephalopod from 10 countries in the world. Among them, China, Vietnam and Cambodia were the three biggest suppliers. However, in terms of the market share, China and Vietnam were the two main exporters to this market.
While China was the largest supplier of processed cephalopod to the Thai market, Vietnam was the largest supplier of frozen cephalopod to the country. Therefore, in terms of the export value, Vietnam was leading seller to this market.
The average import price of frozen cephalopod into Thailand from countries in the first four months ranged from US$4.76 to US$10/kg, of which that from Vietnam was US$5.44-US$10/kg.
For processed squid, the average import price into Thailand was currently around US$2.4-US$2.89/kg.
(seafood.vasep.com.vn) On November 18, Ms. Truong Ha Phuong Anh, Director of the Center for Investment Promotion and Business Support (iPEC), stated that during the Ca Mau Province Agricultural and Aquatic Products Trade Promotion Conference 2024, held on November 15, there were 209 direct trade interactions between 42 seafood processing and exporting enterprises, OCOP producers in the province, and five leading domestic retail companies: Central Retail, Saigon Co.op, Kingfood Mart, Bach Hoa Xanh, and Satra Supermarket.
In 2024, the Binh Dinh Agricultural Extension Center successfully implemented a semi-intensive and intensive two-stage whiteleg shrimp farming model using Semi-Biofloc technology.
(seafood.vasep.com.vn) Recently, the area dedicated to super-intensive, high-density whiteleg shrimp farming in Trà Vinh Province has been rapidly expanding due to its high productivity and economic efficiency.
(seafood.vasep.com.vn) In collaboration with provincial authorities, specialized agencies, and local coastal governments, seafood processing and export enterprises in Binh Dinh Province are actively working to address issues related to illegal, unreported, and unregulated (IUU) fishing. The shared goal is to have the European Union's "yellow card" removed this year.
(seafood.vasep.com.vn) Ca Mau Province has affirmed its position as the "shrimp kingdom" of Vietnam, with the largest area for ecological shrimp farming in the country.
(seafood.vasep.com.vn) According to data from Vietnam Customs, the export value of pangasius in October 2024 reached nearly $202 million, representing a 17% increase year-on-year. Cumulatively, pangasius exports to various markets in the first ten months of 2024 totaled $1.7 billion, marking a 9% growth compared to the same period last year.
(seafood.vasep.com.vn) On the afternoon of November 6th, Vietnam time, U.S. media announced the preliminary vote count showing that Donald Trump won the 2024 U.S. presidential election. His victory is expected to bring significant changes in taxes, trade, investment, and more. As a result, Vietnam's tuna exports will also be affected.
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
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