Vietnam cephalopod exports to China increased by 21%

News 08:59 21/06/2021 Le Hanh
(seafood. vasep.com.vn) By the end of April 2021, China is the 5th largest single cephalopod import market of Vietnam, accounting for 6% of the total export of these products. . In the past 3 years, Vietnam's cephalopod exports to China have tended to grow continuously. Export value in 2020 increased by nearly 61% compared to 2019. In 2021, exports to this market have continued to grow.

Cephalopod processing in Huy Nam co., Ltd

According to statistics of Vietnam Customs, in the first 4 months of the year, cephalopod exports to China increased by 21%, reaching more than US$9.7 million. However, after continuous growth in the first 3 months of the year, the value of Vietnam's cephalopod exports to China in April decreased by 34%, reaching nearly $2.8 million.

In 2021, the Covid-19 epidemic in China has been somewhat controlled, so the country's cephalopod imports have recovered.

Squid products account for 90%, octopus only accounts for 10% of total cephalopod exports to China. In the context of the Covid-19 epidemic occurring worldwide, the demand for squid, especially dried/grilled squid, tends to increase sharply in China as well as in all import markets. Imports of dried/grilled squid into China from Vietnam continued to grow impressively by more than 300% compared to 2020. Besides, Vietnam's fresh and frozen squid exports to this market have also recovered. Meanwhile, exports of octopus products were lower than the same period last year

China imports mainly from Vietnam products such as frozen cleaned whole cuttlefish, frozen graded squid, frozen Tempura breaded squid, dried squid, frozen cut octopus, frozen cooked whole clean octopus ...

 

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