In 2017, the export value of Vietnamese cephalopod to Korea reached over US$218 million, up by 32% compared to 2016. As of October this year, Vietnam's export of this product to Korea still increased by 18.2%, reaching nearly US$211 million.
In the first ten months of this year, cephalopod exports to Korea only decreased slightly by 3% in July, while the remaining months increased positively compared to the same period last year. This is a good result in the context of declining cephalopod exports to EU due to "IUU yellow card". Currently, with the export tax to Korea is 0% for fresh / live and frozen octopus products (HS030751 and HS030759), Vietnam can boost exports of these 2 products to Korea. So if there is good supply, Vietnam will have the opportunity to increase market share.
Fresh/frozen octopus is the most exported product in Vietnam's molluscs structure exported to Korea, the second dominant product is dried squid, the third most exported product to Korea is fresh/frozen squid.
According to ITC, in the first 10 months of this year, Korea imported squid and octopus from 9 sources. After the import plummeted in 2017, importing cephalopod into Korea by October this year increased by 26% compared to the same period in 2017, reaching over US$321 million. This can be considered a good signal cephalopod suppliers for the Korean market.
China is the largest supply of this item to Korea (accounting for 55% market share), followed by Peru (29%), Vietnam ranked third with 11%. Korea increased imports from all major supply sources, while imports from Peru increased the most by 51%.
In the first 10 months of this year, in the structure of imported cephalopod products, only frozen / dried / salted / salted octopus (HS code 030759) decreased by 59%. The import value of the remaining products increased compared to the same period last year, in which the value of processed squid (HS 160554) increased the most by 49%.
(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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