According to ITC statistics, in the first 5 months of 2019, Spain's cephalopod imports reached 3,141 tons, worth of US$17 million, decreased by 2% in volume and 6.9% in value over the same period in 2018. In the first quarter of 2019, Spain increased imports of frozen squid and smoked/frozen/dried/salted octupus while reducing imports of live/fresh/chilled octopus and processed cuttlefish and squid.
Live/fresh/chilled octopus and frozen squid were the two main imported products of Spain. Portugal, France and Germany were the largest suppliers of live/fresh/chilled octopus for Spain. For frozen cuttlefish and squid products, Spain imported mainly from suppliers such as Portugal, China and France.
Spain was the second largest cephalopod importer of Vietnam, accounting for 1.6% of Vietnam's total cephalopod export value to all markets. In the first six months of 2019, Vietnam cephalopod exports to Spain reached US$4.5 million, up 3.6% compared to the same period in 2018. Particularly in June 2019, exports of this product to Spain reached US$0.9 million, down 26.2% year on year.
The yellow card by EC was one of the reasons affecting Vietnam's cephalopod exports to Spain
In the context of the Free Trade Agreement between Vietnam and EU (EVFTA) was signed, Vietnamese cephalopod exports to Spain will be more favorable due to tax incentives. According to the commitment in EVFTA, some processed squid and octopus products have a relatively high basic tax rate (20%), which will be reduced immediately to 0% ... Most of frozen cephalopod products that are enjoying the basic tax of 6-8% shall be reduced immediately to 0%. Yet, enterprises must meet the requirements of origin to be able to enjoy these tariff preferences.
(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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