Regarding the structure of export products, the export value of squid and cuttlefish accounted for 52%, while octopus exports accounted for 48%. In the context of the prolonged Covid-19 epidemic, the market's demand is still leaning towards squid and octopus products that are reasonably priced, easy to process, have a long shelf life, and are suitable for processing and consumption. consumed at home such as: dried squid, dried octopus, frozen octopus...
The top 10 single markets that imported the most cephalopods from Vietnam in the first 11 months of this year were Korea, Japan, Thailand, China and Hong Kong, Italy, the US, Malaysia, Taiwan, respectively. Australia and the Netherlands account for 97% of Vietnam's total exports.
Korea is still Vietnam's largest cephalopod import market, accounting for 41% of the total export value. In November 2021, the export of squid and octopus to South Korea reached 25.3 million USD, up 22% over the same period in 2020. Accumulated in the first 11 months of 2021, the export of this item to the Korean market reached 219, 8 million USD, up 5% over the same period.
Japan ranked second, importing US$12.3 million of cephalopod molluscs from Vietnam in November 2021, up 19%. Accumulated in the first 11 months of 2021, exports to this market reached US$101.4 million, down 8% over the same period in 2020.
In November 2021, besides Korea and Japan, Vietnam's squid and octopus exports to Thailand, EU, China, USA, Taiwan and Israel were all higher than in the same period in 2020.
(seafood.vasep.com.vn) In the first quarter of this year, Vietnam's shrimp exports reached over 686 million USD, an increase of 14% over the same period in 2023.
Having identified its weakness in 2023, entering the first quarter of 2024, Vietnam's shrimp industry has undergone a clear change, reflected through increases in exports to major markets.
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.
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