In Jan-Sep 2017, shipments of squid remained the large share of 58.6% in Vietnam’s total export value. Out of cephalopod items for exports, sales of fresh/live/frozen squid accounted for the highest proportion of 38.2%; followed by dried/salted/fresh/live/frozen octopus with 34%.
Currently, Vietnam exported cephalopod to 65 markets, equal to the same period in 2016. Of that, exports to top 9 major markets accounted for 99% of Vietnam’s cephalopod sales in the first 9 months of this year.
South Korea remained as the leading buyer of Vietnam cephalopod, taking up 34% in the total export value. Vietnam’s cephalopod exports to South Korea showed the remarkable rise from earlier this year. Exports in QIII/2017 reached US$60.7 million; increasing by 39.8% compared to QIII/2016. The figure in Jan-Sep 2017 amounted to US$155.3 million; up 40.2% over the same period last year.
Vietnam’s cephalopod sales to Japan were tended to go on the rise from the beginning of the year. Exports to the market in QIII/2017 reached over US$44 million, up 43% from QIII/2016, the figure in the first 9 months of the year estimated at US$107 million, up 40,9% over same period last year. Japan ranked the 2nd in top largest importers of Vietnam cephalopod, making up 23.4%. A decrease in the world production of raw cephalopod and a rise in the yen exchange rate partly led to a climb in imports of Vietnam cephalopod into Japan.
The EU remained as the 3rd biggest importer of Vietnam cephalopod in this period with high continuous growth in the first 9 months of the year. Vietnam’s cephalopod shipments to the market through Sep 2017 hit over US$83 million, up 80% year on year. Italy, France and Spain continued as top 3 leading importing markets of Vietnam cephalopod in the EU. Exports to these 3 markets recorded the positive growth of 69.4%; 191.6% and 61.5% respectively.
ASEAN continued to keep its 4th rank. Vietnam’s cephalopod exports to the region in the first 9 months of this year touched US$52.5 million, up 48.4% over the same period last year. Thailand and Malaysia were the two major buyers of Vietnam cephalopod in ASEAN. Of that, exports to Thailand go on the upward trend.
Sales to China witnessed the highest growth rate among the major importing markets of Vietnam cephalopod in this period. Shipments to China and Hong Kong reached over US$33 million, up 184% over the same period in 2016. Of that, exports to Hong Kong were worth by over US$5 million, up 42% year on year.
In the coming time, cephalopod production in the world forecasted to remain low, which drives the price of this item up. Vietnam’s cephalopod exports projected to continue the rise, especially value added items.
With Tet (Lunar New Year) approaching, fishermen along Vietnam's central coast are capitalizing on favourable weather conditions to intensify their fishing efforts, meeting the burgeoning demand for seafood across the nation.
(seafood.vasep.com.vn) Shrimp exports in 2024 reached nearly USD 4 billion, a 14% increase compared to 2023. Reflecting on 2024, the shrimp industry demonstrated resilience and persistent effort in overcoming challenges, solidifying its strong position in exports.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (ticker symbol FMC - HoSE), one of Vietnam's largest shrimp exporters, recently announced its 2024 business results.
(seafood.vasep.com.vn) The United States remains one of the largest importers and consumers of Vietnamese pangasius, primarily in the form of frozen fillets. However, in recent years, the country has significantly increased its imports of value-added pangasius products.
(seafood.vasep.com.vn) After reaching a peak of nearly USD 6 million in June 2024, the export value of Vietnamese tuna to Italy has stagnated and continuously declined in the last five months of the year. Cumulatively, by December 15, 2024, export turnover to this market decreased by 18% compared to the same period in 2023, reaching over USD 30 million. With this decline, Italy is no longer Vietnam's largest tuna import market within the EU bloc.
The Mekong Delta province of Tien Giang, with its 32-km coastline, is well-positioned to develop a thriving seafood industry. Recognising the importance of sustainable offshore fishing, local authorities have implemented policies to modernise the fishing fleet and support operations in offshore waters.
(seafood.vasep.com.vn) On the evening of December 23, 2024, in Ho Chi Minh City, the Vietnam Association of Seafood Exporters and Producers (VASEP) held a ceremony to celebrate the seafood export milestone of 10 billion USD, with hopes for continued growth in 2025. The event was attended by Deputy Minister of Agriculture and Rural Development Phung Duc Tien, Deputy Minister of Foreign Affairs Nguyen Minh Hang, and representatives from various ministries, as well as domestic and international partners.
(seafood.vasep.com.vn) With a market share exceeding 10% in Vietnam's aquafeed sector, Sao Mai Super Feed has affirmed its position as one of the leading brands, making a significant contribution to the development of the pangasius industry and elevating Vietnamese pangasius products on the international stage.
Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Hoai Nam said that in the past 5-6 years, Vietnam's seafood export value has only hovered around 8-10 billion USD/year. To reach the value of 16 billion USD by 2030, Mr. Nam proposed establishing corporations/enterprises to exploit the sea.
(seafood.vasep.com.vn) Vinh Hoan Seafood (stock code VHC) announced that its export turnover to three key markets— the U.S., EU, and China—grew between 32% and 40% in November 2024 compared to the same period in 2023.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
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Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
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