(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.

(seafood.vasep.com.vn) Vietnam's cephalopod exports in the first month of this year reached 62 million USD, up 45% over the same period last year. Except for the same time last year, which fell during the Lunar New Year, the growth in cephalopod exports in the first month of this year is also a good signal to start the export of the whole year.

(seafood.vasep.com.vn) China and Hong Kong were Vietnam's third-largest cephalopod import markets in 2023, accounting for 10%. Vietnam's cephalopod exports to China and Hong Kong in 2023 reached 77 million USD, down 6% over the same period.

(seafood.vasep.com.vn) In 2023, Vietnam's exports of shell mollusk products reached 127 million USD, down 12%. Vietnam's main exported shell mollusks include clams, accounting for 62% of export value, snails, accounting for 12%, oysters, accounting for 11%, and scallops, accounting for nearly 9%. In addition, some species with modest export value includes oysters, baby clams, abalone, and mussels.

The Ministry of Agriculture and Rural Development (MARD) has set a target to produce some 500,000 tonnes of seaweed by 2030 as part of the nation’s seafood development strategy.

C.P. Vietnam Livestock JSC said that it has cooperated with more than 2,500 livestock and aquatic farms across Vietnam.

More challenges are expected for Vietnam’s aquaculture exports in 2024, according to Tran Dinh Luan, General Director of the Department of Fisheries under the Ministry of Agriculture and Rural Development.

Vietnamese businesses should make greater efforts to tap the potential of seafood exports to Switzerland, a trade official said.

(seafood.vasep.com.vn) In 2023, Vietnam's cephalopod exports reached 660 million USD, down 13% compared to 2022. Despite of negative growth, cephalopod exports recorded a slighter decrease compared to other key export seafood products.

(seafood. vasep.com.vn) Vietnam's cephalopod exports in the first 8 months of 2023 reached 417 million USD, down 15% over the same period last year. In August 2023 alone, exports of this product reached 67 million USD, down 11% over the same period. Despite continuing to see a decline, Vietnam’s cephalopod exports in August had a smaller decrease in value compared to other key seafood products.

(seafood. vasep.com.vn)Sales Director Igor Kint, Lenger Seafood Group based in the Netherlands, said that the company is about to expand its clam processing factory in Nam Dinh province.

(seafood.vasep.com.vn) Vietnam's cephalopod exports in the first 5 months of 2023 amounted to over 240 million USD, reflecting a 13% decline compared to the corresponding period last year. In May 2023 alone, the export value for this product reached 52 million USD, showing a decrease of 18% over the same period.

(seafood.vasep.com.vn) In recent days, many seafood businesses have reported a decline in business results and profits since the beginning of the year. The market landscape is largely covered in shades of gray as the global economy remains unstable, with inflation showing no signs of cooling down in many major countries. Vietnamese seafood exports to key markets continue to decline sharply in April 2023, reflecting the impact of inflation and economic downturn in countries with import demands and seafood consumption.

(seafood.vasep.com) Although negative growth is inevitable in the general decline trend of Vietnam's seafood exports, the export value of cephalopods recorded a slighter decrease compared to other key export seafood products.

(seafood.vasep.com.vn) Vietnam's crab exports continued to decline in March 2023. Export value this month reached 11 million USD, down 37% over the same period. The total value of crab exports in the first 3 months of the year was nearly 30 million USD, 42% lower than the same period in 2022. This decline is due to inflation still causing the demand for crabs to decrease in most of the main markets.