Germany increased cephalopod imports

Among European countries, Germany was the second largest cephalopod importing market of Vietnam. It was the only EU top-3 market to experience positive growth in H1/2015. 

In the first months of this year, Germany reduced imports of frozen cephalopod but imports of live, fresh, chilled squid (HS 030 741) and live, fresh, chilled octopus (HS030751) increased.

Data from International Trade Centre (ITC), in Q1/2015, Germany imported 1,366 MT of frozen squid (HS 030749) from  20 countries, mostly from Spain, the Netherlands and Vietnam. Import value was US$ 5.41 million. Meanwhile, the market imported 421 MT of frozen octopus, worth US$ 2.25 million.

In Q1/2015, Germany imported 153 MT of frozen squid from Vietnam with the value of US$ 687 thousand.

German imported frozen octopus from 12 countries, mostly from Spain, Belgium and Vietnam. In Q1/2015, Germany imported of frozen octopus from Vietnam with volume of 20 MT, worth USD 69 thousand, an increase compared with 19 MT and US$ 78 thousand in the same period last year.

Vietnam was the 7th biggest source of processed squid in Germany. In Q1/2015, Vietnam earned US$ 85 thousand from exporting processed squid to Germany. Vietnam is also the second biggest source of processed octopus to Germany. In Q1/ 2015, US$ 77 thousand was the result of processed octopus export from Vietnam to Germany.