Squid and Octopus Exports Show Strong Start in Early 2026, but Pressures Persist

News 11:23 23/03/2026
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.

 

By product category, squid has emerged as the main growth driver. Squid export value exceeded USD 64 million, up nearly 30%, while octopus exports reached over USD 47 million, rising by more than 16%. This trend suggests that demand for squid products is recovering more quickly in the short term.

In terms of markets, Asia continues to be the key growth engine. South Korea remains the largest market with nearly USD 42 million, up almost 23%, followed by Japan with close to USD 26 million, increasing by around 8%. Notably, exports to China surged by more than 85% and to Thailand by over 41%, indicating a clear improvement in regional demand. In contrast, exports to the EU declined by approximately 14.5%.

Despite the positive outlook, the sector still faces multiple challenges. Like other Vietnamese seafood exports, squid and octopus shipments are affected by tensions in the Middle East. Ongoing conflicts in the region may drive up logistics and transportation costs while prolonging delivery times. Persistently high fuel and marine fuel prices also increase fishing costs, placing significant pressure on fishermen and the supply of raw materials for processing. In addition, domestic raw material supply remains unstable, affecting the ability to fulfill orders.

Furthermore, the EU’s “yellow card” warning on IUU (illegal, unreported and unregulated) fishing continues to be a major barrier, impacting reputation and limiting market expansion in the region. In this context, to sustain growth momentum, businesses need to proactively adapt to cost fluctuations, diversify supply sources, and effectively capitalize on opportunities in Asian markets—which are playing a leading role in driving growth in the early months of the year.

squid octopus export

TIN MỚI CẬP NHẬT

Squid and Octopus Exports Show Strong Start in Early 2026, but Pressures Persist

 |  11:23 23/03/2026

(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.

Shrimp output reaches 132.6 thousand tons in the first two months of 2026

 |  09:13 21/03/2026

(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.

Vietnam’s tilapia exports surge across multiple markets in February 2026

 |  09:09 19/03/2026

(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.

Sensory Evaluation in Compliance with US FDA Standards: VASEP Launches 3 International Training Courses for Vietnam’s Seafood Businesses

 |  08:50 17/03/2026

(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.

Vietnam shrimp industry report 2021–2025: Overview and outlook to 2030

 |  10:51 13/03/2026

Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.

Global fish cake – surimi market amid the wave of turbulence from the Middle East

 |  09:09 12/03/2026

(seafood.vasep.com.vn) As geopolitical tensions in the Middle East continue to escalate, the global food market is facing increasing volatility in logistics costs, energy prices, and supply chains. In the seafood sector, alongside ocean-caught products such as tuna, the surimi-based product group—including fish cakes, crab sticks, fish balls, and other imitation seafood products—has also been affected to some extent by these developments.

Da Nang shrimp farmers cautiously enter the new season

 |  09:30 09/03/2026

(seafood.vasep.com.vn) According to the 2026 brackish-water shrimp farming calendar issued by the Da Nang Department of Agriculture and Environment, the 2026 crop started in early January and is expected to harvest in late June. However, stocking progress has been slower than planned as farmers remain cautious, focusing on pond renovation and production preparations.

Ha Tinh: Clam prices nearly double, farmers reap substantial profits

 |  09:30 06/03/2026

(seafood.vasep.com.vn) After the Lunar New Year of Binh Ngo 2026, commercial clam prices in Ha Tinh province surged sharply, nearly doubling compared to normal levels and standing about 20–30% higher than the same period last year. The spike has encouraged many aquaculture households to accelerate harvesting and sell large volumes to the market.

Shrimp exports in january 2026: strong start to the year, market sentiment stabilizes after POR19

 |  09:09 03/03/2026

(seafood.vasep.com.vn) In January 2026, Vietnam’s shrimp exports reached USD 379.6 million, up 22% compared to the same period in 2025. The double-digit growth in the very first month of the year signals a relatively positive recovery in orders, particularly in Asian markets.

Securing an FTA with the EU: Indian shrimp puts pressure on Vietnam's market share

 |  09:09 01/03/2026

(seafood.vasep.com.vn) From the very beginning of 2026, India’s shrimp industry has received a series of favorable trade signals: U.S. reciprocal tariffs have been reduced, while the successful conclusion of a Free Trade Agreement (FTA) with the EU has opened prospects for eliminating nearly all seafood tariffs in the coming years. This shift not only enables Indian shrimp to quickly offset declines in the U.S. market, but also reshapes the global competitive landscape, placing greater pressure on Vietnamese shrimp exporters in terms of price, market share, and strategic positioning.

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