In the last 5 years (2011-2016), cephalopod imports into China reached the highest in 2014. From 2014 up to now, imports of this product into China were on the downward trend.
In the first half of 2017, China's cephalopod imports reached US$46.7 million; down 65.4% over the same period in 2016. Peru, South Korea, the U.S and Chile were top biggest suppliers to China.
Vietnam stayed as the 20th largest exporter of cephalopod to China and the 4th biggest supplier of live/fresh/chilled squid (HS code 030741) to the market behind South Korea, Japan and Indonesia. Out of top 4 exporters of live/fresh/chilled squid to China, only Vietnam and Indonesia are enjoyed the tax rate of 0% while the others are subject to the tax rate of 6%.
Vietnam also ranked the 3rd supplier of frozen octopus (HS code 030759) to China behind Japan and Mauritania.
In the first six months of 2017, China increased imports of processed squid (HS code 160554; except for smocked item); live/fresh/chilled octopus (HS code 030751); processed octopus (HS code 160555); in which imports of fresh/chilled/frozen octopus (HS code 030751) showed the highest increase of 117.863% over the same period in 2016.
China was the 5th largest buyer of Vietnam cephalopod; accounting for 7.3% of Vietnam’s cephalopod exports to markets.
In 2016, out of cephalopod items exported to China; squid shipments accounted for the main proportion of 86%. Of that, China preferred dried/frozen items (93.2%) than processed products (6.8%).
In 2017, Vietnam’s cephalopod exports to this market showed signs of recovery. Up to 15th Sep 2017, Vietnam’s cephalopod exports to the country hit US$31.3 million; up 180.4% over the same period in 2016.
In the coming time, demand for Vietnam cephalopod in China expected to rise.
|
Cephalopod imports into China (Source: ITC) |
||||||
|
Products |
Volume (kg) |
Value (Thousand US$) |
||||
|
Jan-Jun 2016 |
Jan-Jun 2017 |
Variation (%) |
Jan-Jun 2016 |
Jan-Jun 2017 |
Variation (%) |
|
|
Total |
69,305,629 |
14,752,230 |
-78.7 |
135,046 |
46,688 |
-65.4 |
|
Processed squid (except for smocked items) (HS code 160554) |
4,208,830 |
11,343,197 |
169.5 |
7,391 |
33,686 |
355.8 |
|
Frozen squid (HS code 030749) |
64,116,674 |
3,172,204 |
-95.1 |
124,037 |
11,965 |
-90.4 |
|
Frozen/dried/salted octopus (HS code 030759) |
974,234 |
214,630 |
-78.0 |
3,540 |
899 |
-74.6 |
|
Live/fresh/chilled octopus (HS code 030751) |
11 |
12,976 |
117,863.6 |
- |
91 |
|
|
Live/fresh/chilled squid (HS code 030741) |
3,040 |
- |
-100.0 |
59 |
- |
-100.0 |
|
Processed octopus (HS code 160555) |
2,840 |
9,223 |
224.8 |
19 |
47 |
147.4 |
(seafood.vasep.com.vn) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(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 - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
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
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn