2017 is a good year for Vietnam’s cephalopod enterprises exporting to the U.S. While the export value of key commodities such as shrimp and pangasius to the U.S decreased slightly, shipments of squid and octopus to this market achieved the impressive growth at 2-3 digit level in many months.
In 2017, except in January and April with falls of 37.9% and 25.5% respectively, Vietnam’s cephalopod exports to the U.S in the remaining months continuously increased and inched up over 500% in some month. In the first half of Dec 2017, this number rocketed to 759.3%. Exports of frozen squid (HS code 03) and frozen octopus (HS code 03) to the U.S remained the large share with the same value of over US$3 million.
It is interesting that Americans tended to consume Vietnam octopus in the last months of 2017, the export value of this product to the U.S increased by 309.6% over the same period in 2016 while the export value of squid item rose by over 40%.
According to statistics of Trade map, the U.S imported cephalopod from 38 suppliers in the world with the value of US$370 million, down 27.6% over the same period in 2016. In particular, Vietnam was currently the 9th largest supplier of the item to this market.
Recently, Vietnam cephalopod had to compete strongly with the same item from China, India and Taiwan in the U.S. The average import price of Vietnam cephalopod currently quoted at US$7.69/kg.
|
CEPHALOPOD SUPPLIERS TO THE US |
|||
|
Suppliers |
Value (Thousand US$) |
||
|
Jan-Oct 2017 |
Jan-Oct 2016 |
Variation (%) |
|
|
China |
104,083 |
172,065 |
-39.5 |
|
Spain |
58,911 |
51,270 |
+14.9 |
|
Thailand |
12,987 |
23,468 |
-44.7 |
|
Taiwan |
20,651 |
19,402 |
+6.4 |
|
India |
11,615 |
19,644 |
-40.9 |
|
South Korea |
6,249 |
14,543 |
-57.0 |
|
Indonesia |
8,846 |
12,338 |
-28.3 |
|
Peru |
5,632 |
7,894 |
-28.7 |
|
Vietnam |
4,955 |
3,513 |
+41.0 |
|
Total |
267,303 |
369,165 |
-27.6 |
(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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