In the first 2 months of the year, Vietnam's cephalopod exports continued to be dominated by the changing consumption trends in the context of a serious Covid epidemic. Accordingly, the demand is still more focusing on products that are reasonably priced, easy to process, with a long self stable, suitable for processing and consumption at home such as: dried squid, dried octopus, frozen octopus ... In addition, the Tet holiday also caused a decline in raw materials supply and rising sea freight hit the export value of cephalopod.
Top 10 single import markets of Vietnam cephalopod in the 2 months were Korea, Japan, Thailand, China and Hong Kong, Italy, USA, Australia, Malaysia, Philippines and Taiwan respectively, accounting for 93% of Vietnam's total exports of cephalopod.
China, EU and the US tend to increase imports of Vietnamese cephalopod. In particular, exports to China grew the most, up 162% over the same period in 2020, exports to the EU were up 17% and to the US were 18% higher.
The main export products of Vietnam during this period were frozen octopus, frozen squid and dried squid. In which, the export value of frozen octopus and dried squid soared over the same period.
In the first two months of 2021, there were more than 200 Vietnamese enterprises exporting cephalopod. In which, the 3 companies with the largest export value are S.RUAM Vietnam Co., Ltd; Huy Nam Seafood Co., Ltd and Hop Tan Seafood Corp.
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Top 10 Vietnam’s cephalopod exporters in Jan-Feb 2021 |
|
|
No |
Company |
|
1 |
S.RUAM VIETNAM COMPANY LIMITED) |
|
2 |
HUY NAM SEAFOODS CO.,LTD |
|
3 |
HOP TAN SEAFOOD IMPORT - EXPORT CORPORATION |
|
4 |
KIHUSEA VN |
|
5 |
KIEN CUONG SEAFOOD |
|
6 |
MAI LINH CO.,LTD |
|
7 |
MINH DANG CO.,LTD |
|
8 |
HAI VIET CORPORATION |
|
9 |
PHU QUY CO.,LTD |
|
10 |
BASEAFOOD CO.,LTD |
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(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
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(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.
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