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) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
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