(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.

(seafood.vasep.com.vn) 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.

(seafood.vasep.com.vn) 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.

(seafood.vasep.com.vn) 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.

(seafood.vasep.com.vn) 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.

(seafood.vasep.com.vn) 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).

(seafood.vasep.com.vn) 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.

(seafood.vasep.com.vn) 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).

(seafood.vasep.com.vn) 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%.

(seafood.vasep.com.vn) 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.