Korea and Japan are the two markets that account for a prominent proportion of Vietnam's squid and octopus imports, accounting for 36% and 22% respectively. China ranks third with 10% but has a high growth rate of 113%. Exports to the US, Spain, France, and Israel also increased strongly: 53%, 152%, 76% and 193% respectively.
Export of squid and octopus to the EU market in the first 8 months of the year reached over US$52 million, up 34% over the same period. Italy, Spain and France are the three largest import markets in the bloc. Exports to Italy decreased slightly by 1% while exports to the other two markets increased by 152% and 76% respectively.
Japan and Korea are the two largest market of Vietnamese squid and octopus
Fresh and frozen octopus, HS code 03, accounts for 83% of total octopus exports. For squid, fresh/frozen products accounted for 49%, grilled dried squid accounted for 42%, the rest was processed squid (9%).
The value of squid exports recorded a higher growth (47%) than octopus exports (24%). Export of processed squid recorded the highest growth rate of 79% among Vietnam's exported squid and octopus products in the first 8 months of this year.
The localities that export the most squid and octopus in Vietnam are Ba Ria-Vung Tau, Kien Giang, and Ho Chi Minh City, Binh Thuan, Soc Trang... Their main export products are frozen octopus, frozen cut octopus, dried squid, unprocessed dried squid, frozen processed octopus, peeled dried squid, octopus Whole octopus cleaned and frozen, frozen squid…
Compiled by Thuy Linh
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices.
(seafood.vasep.com.vn) After increasing to the highest level in 2022, Canada's tuna imports in 2023 dropped to the lowest level in the past 10 years, reaching 35 thousand tons, down 24% over the year. Canada is currently one of the 15 largest tuna import markets in the world.
(seafood.vasep.com.vn) Chile, one of the countries participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), has tended to increase tuna imports from Vietnam in the past 3 years. According to statistics from Vietnam Customs, this South American country imported nearly 3 million USD of tuna products from Vietnam in the first 2 months of 2024, an increase of 58% over the same period in 2023.
Economic and social development activities, overexploitation, pollution, diseases, and climate change have adversely affected the ecological environment, leading to a severe decline or the extinction of many precious indigenous aquatic species.
(seafood.vasep.com.vn) The prices of pangasius fingerlings and raw pangasius in ponds fell in March, following steady increases in the first two months of this year.
(seafood.vasep.com.vn) In February 2024, the average export price of Vietnamese pangasius to markets increased by 4%, although the volume decreased by 40% compared to the previous month.
(seafood.vasep.com.vn) There was a 6% decline in Vietnam's pangasius exports to Brazil in February 2024 compared to the same period in 2023, with the total value reaching 6 million USD.
(vasep.com.vn) In the first two months of 2024, Poland—which ranks as Vietnam's fourth-largest EU supplier of tuna—became a noteworthy market. Vietnam's tuna exports value to Poland increased by 786% in comparison to the same period last year, totaling over $2 million USD and contributing about 2% of the country's overall tuna exports revenue.
Regulations on the protection and sustainable development of aquatic resources, Việt Nam's legitimate rights at sea in accordance with international law and the achievements that the country has carved out to remove the European Union’s “yellow card” will be brought closer to local people.
(seafood.vasep.com.vn) According to data from Vietnam Customs, in January 2024, Vietnamese pangasius exports to Germany decreased by 30% compared to last year and reached only nearly 2 million USD.
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