The EU remained as the third largest importer of Vietnam cephalopod, accounting for 18.3% in Vietnam's cephalopod shipments to markets. Italy, France and Spain continued to be top biggest importing markets of Vietnam in the EU. Sales to these 3 markets recorded the good growth.
Supplies increased thanks to a rise in production and import volume, along with the flexibility of exporters in adjusting product structure and markets, besides, high demand for cephalopod items for festivals in the end of the year in the EU also facilitated Vietnam’s cephalopod exports to the market in the period.
Italy stayed as the largest buyer of Vietnam cephalopod in the EU; taking up 56.6% in Vietnam’s total export value of cephalopod to the EU. In Jan-Aug 2017, exports to the market reached US$41.6 million; up 85% year on year. France ranked the second. Exports to this market as of August 2017 recorded the highest growth of 230% with the value of US$6.6 million. Exports to Spain reached US$5.5 million; an increase of 55% over the first 8 months of 2016.
According to the International Trade Centre (ITC), in the first half of this year, cephalopod imports into Italy hit US$54.7 million; down 88% over the same period last year. Spain, France, Thailand were the three largest suppliers to Italy and Vietnam was the 9th largest one. Cephalopod imports from these suppliers all decreased in the period.
Recently, France increased imports of fresh/chilled and processed octopus, and reduced those of other products such as frozen cephalopod. In particular, imports of processed squid (HS code 16) accounted for the largest proportion of 64% in total import volume, down 16% over the same period in 2016; followed by those of frozen/dried/salted cuttlefish (HS code 030749) with 26% , down by 69%; and those of octopus products with 0.1%, down 62%.
Spain, Italy, Peru, Germany and Vietnam were top 5 largest suppliers of cephalopod to the market in the first half of 2017. This year, cephalopod imports into France stayed low due to a 38% fall in supplies from Spain. Meanwhile, the market increased imports from Italy, Peru, Germany, Vietnam and Malaysia, but that could not offset the decline in supplies from Spain.
In the first 7 months of 2017, cephalopod imports into the EU reached US$204.9 million; down 86.8% over the same period in 2016. Spain held as the largest supplier to the EU and Vietnam became the fifth largest cephalopod exporter to the bloc.
Untill the end of the year, Vietnam’s cephalopod exports expected to continue the possitive growth.
|
Cephalopod imports into the EU by markets (Thousand US$, Source: ITC) |
|||
|
Suppliers |
Jan-Jul 2016 |
Jan-Jul 2017 |
Variation (%) |
|
World |
1,556,807 |
204,907 |
-86.8 |
|
Spain |
283,091 |
90,032 |
-68.2 |
|
Italy |
29,192 |
13,535 |
-53.6 |
|
Netherlands |
25,314 |
7,228 |
-71.4 |
|
Germany |
10,114 |
5,771 |
-42.9 |
|
Malaysia |
3,162 |
1,590 |
-49.7 |
|
Greece |
7,687 |
1,869 |
-75.7 |
|
India |
106,504 |
6,751 |
-93.7 |
|
Vietnam |
22,541 |
7,385 |
-67.2 |
|
Denmark |
5,361 |
1,921 |
-64.2 |
|
UK |
14,032 |
3,465 |
-75.3 |
|
Peru |
20,829 |
6,994 |
-66.4 |
|
Belgium |
7,593 |
1,993 |
-73.8 |
|
Portugal |
46,420 |
12,757 |
-72.5 |
|
Argentina |
917 |
251 |
-72.6 |
|
Latvia |
504 |
337 |
-33.1 |
|
France |
55,485 |
12,464 |
-77.5 |
|
Madagascar |
1,948 |
497 |
-74.5 |
|
US |
29,823 |
1,796 |
-94.0 |
|
China |
69,587 |
6,244 |
-91.0 |
|
South Africa |
38,347 |
2,076 |
-94.6 |
(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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