South Korea
After the decline in July, Vietnam’s cephalopod exports to South Korea rebounded. The export value to this market reached US$26 million, up 19% from August 2017; the figure bringing in the first eight months of 2018 estimated at US$155 million, up 14% over the same period last year. South Korea remained as the largest market for Vietnamese cephalopod, especially for fresh/live/frozen and dried octopus.
Japan
Vietnam’s cephalopod exports to Japan in August 2018 continued to decrease by 12% compared with August 2017, reaching US$14.5 million. However, thanks to the good growth in the first months of the year, the total export value in the first eight months increased by 0.7% to see US$95 million.
The EU
Vietnam’s cephalopod exports to the EU continued to decline due to the impact of "yellow card" warning. In August, exports the bloc valued at US$ 7.8 million, down 24% compared with August 2017. Thus, the total export value of cephalopod to the market in the first eight months of the year still decreased by 26% over the same period, reaching US$54 million.
Italy, Spain and France continued to be the three leading importers of Vietnamese cephalopod in the EU. Of that, Vietnam’s cephalopod exports to Italy and Spain continued to decline, while exports to France still increased over the same period last year.
ASEAN
In August, Vietnam’s cephalopod sales to ASEAN recovered and reached US$8.2 million, up 6.7% compared with August 2017; the figure in the first eight months of the year was nearly US$54 million, up 18% from a year before.
Thailand and the Philippines were the two largest importers of Vietnamese cephalopod in this region. Vietnam’s cephalopod exports to these two markets increased over the same period. In particular, exports to the Philippine posted the impressive growth of over 152%.
China
After strong growth in the early months of the year, two months ago, Vietnam’s cephalopod exports to China were lower than last year. The export value of cephalopod to this market in August 2018 reached US$3.7 million, down 57% compared with August last year; the figure in the first eight months of the year hit nearly US$34 million, up 14% over the same period.
(seafood.vasep.com.vn) In the first quarter of this year, Vietnam's shrimp exports reached over 686 million USD, an increase of 14% over the same period in 2023.
Having identified its weakness in 2023, entering the first quarter of 2024, Vietnam's shrimp industry has undergone a clear change, reflected through increases in exports to major markets.
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices.
(seafood.vasep.com.vn) After increasing to the highest level in 2022, Canada's tuna imports in 2023 dropped to the lowest level in the past 10 years, reaching 35 thousand tons, down 24% over the year. Canada is currently one of the 15 largest tuna import markets in the world.
(seafood.vasep.com.vn) Chile, one of the countries participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), has tended to increase tuna imports from Vietnam in the past 3 years. According to statistics from Vietnam Customs, this South American country imported nearly 3 million USD of tuna products from Vietnam in the first 2 months of 2024, an increase of 58% over the same period in 2023.
Economic and social development activities, overexploitation, pollution, diseases, and climate change have adversely affected the ecological environment, leading to a severe decline or the extinction of many precious indigenous aquatic species.
(seafood.vasep.com.vn) The prices of pangasius fingerlings and raw pangasius in ponds fell in March, following steady increases in the first two months of this year.
(seafood.vasep.com.vn) In February 2024, the average export price of Vietnamese pangasius to markets increased by 4%, although the volume decreased by 40% compared to the previous month.
(seafood.vasep.com.vn) There was a 6% decline in Vietnam's pangasius exports to Brazil in February 2024 compared to the same period in 2023, with the total value reaching 6 million USD.
(vasep.com.vn) In the first two months of 2024, Poland—which ranks as Vietnam's fourth-largest EU supplier of tuna—became a noteworthy market. Vietnam's tuna exports value to Poland increased by 786% in comparison to the same period last year, totaling over $2 million USD and contributing about 2% of the country's overall tuna exports revenue.
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