In Jan-Jul this year, Vietnam’s exports of cephalopod items were on the upward trend. Specifically, in the period, Vietnam tended to increase shipments of squid products with the growth of 62%. Of that, exports of fresh/live/frozen squid, which was the main export product of Vietnam in Jan-Jul 2017, recorded the highest growth of 89% from a year before. Sales of other processed squid increased by 74%, while those of dried/grilled squid went up 21% year on year.
Vietnam’s octopus exports increased by 40% compared to the first 7 months of 2016. Of that, exports of fresh/live/frozen/dried item climbed by 47%, accounting for 83% of Vietnam’s octopus exports in this period. Meanwhile, exports of processed octopus inched up 14%.
Currently, Vietnam cephalopod was destined to 59 markets, up 9 markets over the same period in 2016. In the first 7 months of this year, shipments to top 9 major importing markets all increased from a year before. Of that, the proportion of exports to South Korea, Japan and ASEAN decreased while that to the EU and China was up from the same period of 2016.
South Korea
Vietnam’s cephalopod exports to South Korea continues the good growth. The figure in the first 7 months of 2017 hit US$115 million, up 41% over the same period last year. South Korea remained its 1st rank in top largest buyers of Vietnam cephalopod, accounting for 34%. This was also the leading importer of Vietnam octopus.
Sales of fresh/frozen octopus ocupied the large proportion in Vietnam's cephalopod shipments to the market, followed by those of dried squid and fresh/frozen squid.
Japan
Japan held as the second largest importer of Vietnam cephalopod as well as the biggest one of Vietnam squid. In Jan-Jul 2017, Vietnam’ cephalopod exports to Japan eyed US$77 million, up 41% and accounted for 23% of the total export value.
Recently, production of raw cephalopod in Japan decreased while Yen exchange rate increased which partly caused Japanese importers to increase imports of the item from Vietnam.
EU
The EU ranked the 3rd in top leading importers of Vietnam cephalopod. Exports to the market in the first 7 months of 2017 reached US$63 million, up 96% year on year. In particular, in the period, shipments to France and the Netherlands showed the impressive rise at 3-digit level. Of that, France increased imports of Vietnam squid while the Netherlands boosted those of both squid and octopus items in the first 7 months of this year.
Raw frozen squid (HS code 030749) was the main product imported into the Netherlands. The country bought raw cephalopod for processing and re-exporting to other countries in the EU. The demand for the product in the EU countries in the first months of this year was high, which helped Vietnam's cephalopod sales to the Netherlands increased remarkably.
With Tet (Lunar New Year) approaching, fishermen along Vietnam's central coast are capitalizing on favourable weather conditions to intensify their fishing efforts, meeting the burgeoning demand for seafood across the nation.
(seafood.vasep.com.vn) Shrimp exports in 2024 reached nearly USD 4 billion, a 14% increase compared to 2023. Reflecting on 2024, the shrimp industry demonstrated resilience and persistent effort in overcoming challenges, solidifying its strong position in exports.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (ticker symbol FMC - HoSE), one of Vietnam's largest shrimp exporters, recently announced its 2024 business results.
(seafood.vasep.com.vn) The United States remains one of the largest importers and consumers of Vietnamese pangasius, primarily in the form of frozen fillets. However, in recent years, the country has significantly increased its imports of value-added pangasius products.
(seafood.vasep.com.vn) After reaching a peak of nearly USD 6 million in June 2024, the export value of Vietnamese tuna to Italy has stagnated and continuously declined in the last five months of the year. Cumulatively, by December 15, 2024, export turnover to this market decreased by 18% compared to the same period in 2023, reaching over USD 30 million. With this decline, Italy is no longer Vietnam's largest tuna import market within the EU bloc.
The Mekong Delta province of Tien Giang, with its 32-km coastline, is well-positioned to develop a thriving seafood industry. Recognising the importance of sustainable offshore fishing, local authorities have implemented policies to modernise the fishing fleet and support operations in offshore waters.
(seafood.vasep.com.vn) On the evening of December 23, 2024, in Ho Chi Minh City, the Vietnam Association of Seafood Exporters and Producers (VASEP) held a ceremony to celebrate the seafood export milestone of 10 billion USD, with hopes for continued growth in 2025. The event was attended by Deputy Minister of Agriculture and Rural Development Phung Duc Tien, Deputy Minister of Foreign Affairs Nguyen Minh Hang, and representatives from various ministries, as well as domestic and international partners.
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Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Hoai Nam said that in the past 5-6 years, Vietnam's seafood export value has only hovered around 8-10 billion USD/year. To reach the value of 16 billion USD by 2030, Mr. Nam proposed establishing corporations/enterprises to exploit the sea.
(seafood.vasep.com.vn) Vinh Hoan Seafood (stock code VHC) announced that its export turnover to three key markets— the U.S., EU, and China—grew between 32% and 40% in November 2024 compared to the same period in 2023.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
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Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
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