South Korea reduce imports of frozen surimi from Vietnam
11:07 05/29/2023

( In the first two months of 2023, cephalopod products contributed 8% of Vietnam's total seafood export turnover, with a value of over $89 million. In February, the export of cephalopods increased by 37% over the same period last year, reaching 47 million USD.

( According to statistics of Vietnam Customs, Vietnam's exports of fish cakes and surimi tend to recover in February. The export value of fish cakes and surimi this month reached nearly 23 million USD, up 8%. However, this increase is not enough to offset the decrease in January, so in the first 2 months of 2023, Vietnam's export turnover of fish cakes and surimi still decreased by 21% compared to the same period in 2022, reaching more than 42 million dollars.

( In the first two months of 2023, shellfish products (clams, snails, oysters, scallops) contributed nearly 2% of Vietnam's total seafood export turnover, with a value of over 19 million USD. Particularly in February, exports of shellfish increased by 39% over the same period last year to reach 10.4 million USD.

( After a continuous decline in the fourth quarter of 2022, Vietnam's exports of crabs and other crustaceans in the first two months of 2023 have not shown any signs of recovery. Crab export turnover in the first 2 months of 2023 reached nearly 19 million USD, down 2% compared to the same period in 2022.

( Accounting for nearly 50% of the national clam production, Thai Binh province is calling for investment in a project of a clam processing and processing factory with a capacity of 70,000 tons/year.

( Vietnam's exports of cephalopod in January 2023 were estimated at US$65.8 million, up 4% over the same period in 2021. Export of this item is expected to reach about US$875 million in 2023, an increase of 15% compared to 2022.

Vietnam has great potential and advantages to develop oyster production chains, experts said at a conference on aquaculture technology organised in Ho Chi Minh City on February 14 by the Japan International Cooperation Agency (JICA).

( After continuously increasing in the first 5 months of the year with an increase of 19-52%, Vietnam's mollusk shell exports from June have continuously declined down from 2-8% over the same period.

National Fisheries Institute President John Connelly has died, according to the NFI.

( Vietnam's cephalopod exports in the third quarter of 2022 reached nearly $214 million, up 53% over the same period in 2021. Accumulated in the first 9 months of 2022, cephalopod exports reached $557 million, up 37%. In the third quarter of 2022, exports of cephalopod recorded the highest growth rate of 53% compared to the previous 2 quarters (up 35% and 24% respectively).

( In August 2022, Vietnam marine products exports reached 405 mil USD, increasing 80% compared to the same period 2021. In the first 8 months of the year, marine products exports reached 2.8 billion USD, an increase of 33%.

( August 2022 marked the spectacular return of the Vietfish International Seafood Exhibition, a major event of Vietnam's seafood industry. The record number of customers at Vietfish Expo 2022 signaled more bumper results for Vietnamese seafood businesses.

( In the first 8 months of 2022, Vietnam squid and octopus exports reached $489 million, up 36% over the same period in 2021. In which, squid exports accounted for 56.4%, reaching $276 million, up 47%; octopus exports accounted for 43.6%, reaching $213 million, up 24%.

( Despite the decrease in import demand in August compared to previous months due to high inflation, especially main markets such as the US, EU, Japan, the Ca Mau seafood export turnover still achieved positive results, bringing approximately 1 billion USD.

( On August 24, the Vietnam International Seafood Expo - Vietfish 2022 organized by the Vietnam Association of Seafood Exporters and Producers - VASEP opened at the Saigon Exhibition and Convention Center (SECC) - 799 Nguyen Van Linh, District 7 (HCMC).


Ms Van Ha


Tel: +84 24 37715055 (ext. 216)

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