Russia currently increased imports of fresh/frozen/dried/salted octopus from Vietnam. The export value of this product to Russia accounted for more than 90% of total export value. This year Vietnam promotes shipments of this product group to Russia. In addition, Vietnam also boosts fresh/frozen squid products to this market.
VIETNAM’S CEPHALOPOD EXPORTS TO RUSSIA BY PRODUCTS |
|||
Products |
Jan-Mar 2018 |
Jan-Mar 2017 |
Variation (%) |
Dried/salted/live/fresh/frozen octopus (HS 03) |
916,567 |
102,304 |
796 |
Live/fresh/frozen squid (HS 03) |
95,140 |
|
|
Total |
1,011,707 |
102,304 |
889 |
According to the statistics of Trademap, Russia's cephalopod imports in the last 3 years from 2015 to 2017 were unstable. However, in 2017, Russia tended to increase imports of this item.
According to a recent report by the Federal Customs Service of Russia, in 2017, imports of frozen/dried/salted squid (HS code 030749) accounted for 58% of the country's total mollusk imports; followed by processed squid (HS code 160554) with 41% of the total import value.
Compared to 2017, imports of frozen/dried/salted squid (HS code 030749) into Russia dropped by 23%, while those of processed squid (HS code 160554) decreased by 33%.
In 2016, Vietnam held as the third largest supplier of cephalopod to the market. By 2017, Vietnam had to compete strongly with big rivals such as China, Peru, Belarus and Thailand.
In 2018, Vietnam’s cephalopod exports to this market expected to recover.
CEPHALOPOD IMPORTS INTO RUSSIA (MT) |
|||||
Products |
2013 |
2014 |
2015 |
2016 |
2017 |
Total |
50,546 |
74,522 |
41,733 |
48,041 |
42,659 |
Frozen/smoked/salted squid |
25,413 |
42,650 |
24,834 |
28,617 |
24,755 |
Processed squid |
10,259 |
14,245 |
8,366 |
10,709 |
17,111 |
Processed octopus |
2,082 |
2,168 |
744 |
610 |
711 |
Frozen/smoked/salted octopus |
12,749 |
15,398 |
7,779 |
8,091 |
78 |
Fresh/live/chilled octopus |
10 |
17 |
3 |
7 |
4 |
Fresh/live/chilled squid |
33 |
44 |
7 |
7 |
0 |
(seafood.vasep.com.vn) Vietnam's tuna exports reached around $84 million in March 2024, a 17% rise. Vietnam's total tuna export revenue for the first three months of 2024 was $215 million, up 19% from the same time in 2023 but down 17% from 2022. It is anticipated that tuna exports may miss the billion-dollar mark as in 2022 at this rate and the difficulties the business faces.
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year. UAE mainly imported frozen fillets from Vietnam.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
(vasep.com.vn) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.
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