Except for June, since February this year, Vietnam’s exports of cephalopod to ASEAN witnessed a two-digit year-on-year growth.
At present, ASEAN was the 4th biggest buyer of Vietnam, representing 11.5% of total cephalopod export value.
ASEAN increased imports of squid from Vietnam. Vietnam squid sales to ASEAN took up over 95% of total cephalopod exports to the market.
Among ASEAN, Thailand was the major market for Vietnam cephalopod with about 77% of total cephalopod exported to the region. In other words, Vietnam’s cephalopod exports to Thailand have been increasing. In the first 10 months of 2017, Thailand imported more than US$44 million of Vietnam cephalopod, rising by 36.3% year on year.
According to statistics of ITC, among ASEAN, Thailand was the biggest importer of cephalopod from all over the world. The cephalopod import value of this country in the first 9 months of 2017 took up 43.2% of total imports into ASEAN and amounted up to US$60 million. However, cephalopod imports into Thailand appears to be decreasing recently, with a total fall of nearly 76% compared to the same period last year. Among two biggest cephalopod suppliers to Thailand, including Vietnam and China, while its imports from Vietnam increased, those from China decreased considerably.
Frozen squid (HS code 030749) was the product with the highest import value in ASEAN; followed by processed squid (HS code 160554), processed octopus (HS code 160555) and fresh/live/frozen octopus (HS code 030751). Among all, frozen squid accounted for the highest share of 71% of total cephalopod import value of ASEAN, while all the rest took up less than 10% individually. Remarkably, total import value of processed cephalopod into ASEAN increased dramatically in the first half of the year.
|
Cephalopod imports into ASEAN (Source: Trademap, Unit: thousand US$) |
||||
|
HS code |
Products |
QI-QIII/2016 |
QI-QIII/2017 |
Variation (%) |
|
Total |
250,399 |
60,551 |
-75.8 |
|
|
030749 |
Frozen squid |
229,398 |
43,103 |
-81.2 |
|
160554 |
Processed squid |
4,784 |
13,808 |
188.6 |
|
160555 |
Processed octopus |
1,522 |
2,646 |
73.9 |
|
030751 |
Fresh/frozen/chilled octopus |
1,109 |
994 |
-10.4 |
|
030741 |
Fresh/frozen/chilled squid |
7,540 |
- |
-100.0 |
|
030759 |
Frozen octopus |
6,046 |
- |
-100.0 |
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
(vasep.com.vn) Changing markets, shifting buyer demand, and increasingly complex trade barriers are raising a key question for Vietnam’s seafood industry: Where will the new growth opportunities lie in 2027–2029?
(seafood.vasep.com.vn) As of the end of August 2026, Vietnam’s tilapia exports to the United States reached $21 million, representing a steep 48% year-over-year decline and accounting for 23% of the country's total tilapia export turnover. Frozen fillets accounted for 78% with the remainder consisting of whole frozen tilapia and frozen cuts.
(seafood.vasep.com.vn) After a volatile first half of the year, Vietnam’s pangasius exports to Brazil registered robust growth in July and August 2026. In August alone, export turnover reached $19 million, surging 73% compared to the same period in 2025. Cumulatively for the first eight months, total export value reached $124 million, reflecting an 8% year-over-year increase.
(seafood.vasep.com.vn) Besides modifying their boats, many fishermen in Dak Lak province are making efforts to venture out to sea to harvest seafood during the rough sea season.
(seafood.vasep.com.vn) At the Responsible Seafood Summit and TCRS Shrimp Summit 2026, organized by the GSA (Global Seafood Alliance) in Bangkok, Thailand, the conversation about the future of the shrimp industry began with one of its most important foundations: seedstock quality.
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