As of June 2017, Vietnam’s exports of cephalopod items all rose over the same period last year. Notably, exports of dried/grilled squid (HS code 03) and processed octopus both recorded the good growth of 30.7% and 96.4%, respectively.
Vietnam's squid exports remained to account for 61.4% of Vietnam's total cephalopod sales in the first half of 2017. Especially, exports of live/fresh/frozen squid (HS code 03) picked up 40.3% and experienced the fastest growth of 79.5% over the same period in 2016.
Currently, Vietnam cephalopod was exported to 54 markets, down from the same period last year. However, thanks to the good growth in markets, the total export value soared.
Top 9 leading importers of Vietnam cephalopod remained unchanged since the beginning of the year, including South Korea, Japan, the EU, ASEAN, China, Israel, Taiwan, the U.S and Australia, accounting for 99% of total cephalopod exports in Jan-Jun 2017. Exports to these markets through June 2017 tended to accelerate over those before.
Specifically, after the decline in exports in January 2017, Vietnam’s cephalopod shipments to South Korea continuously increased. The figure in Jan-Jun 2917 was US$95 million, up 40.5% over the same period in 2016, accounting for 35% of Vietnam’s total cephalopod exports. South Korea remained its 1st rank in top Vietnam's biggest importing markets.
Vietnam’s cephalopod sales to Japan grew continuously from the beginning of the year. The figure in the first half of 2017 estimated at US$63 million, up 39.4% year on year and accounted for 23%.
Exports to the EU witnessed the high growth rate in the first 6 months of this year with the value of US$51.5 million, an increase of 101.6% year on year. Italy, France and the Netherlands continued to be top 3 largest importing markets in the EU. Remarkably, cephalopod imports into France and the Netherlands from Vietnam continued to experience an impressive growth rate at 3-digit level.
ASEAN continued to hold the 4th rank in the period. Vietnam’s cephalopod exports in Jan-Jun 2017 to the region amounted to US$30 million, up 30% from the year before, picking up 77% of Vietnam’s cephalopod sales. Thailand and Malaysia were two major importers of Vietnam cephalopod in ASEAN. Vietnam’s enterprises continued to boost exports of the item to ASEAN.
In the coming time, Vietnam’s cephalopod exports expected to continue the good growth.
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year. UAE mainly imported frozen fillets from Vietnam.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
(vasep.com.vn) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.
(seafood.vasep.com.vn) Sao Ta Food Joint Stock Company (FIMEX VN) has just announced that in March 2024, finished shrimp output reached 2,000 tons and finished shrimp consumption reached 1,693 tons, an increase of 74%, and 42% over the same period in 2023, respectively.
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