As many as 22 Vietnamese enterprises are showcasing their products at Foodex Japan 2024, one of the largest international food and beverage exhibitions in Asia, which kicked off in Tokyo, Japan on March 5.

(seafood.vasep.com.vn) Statistics from China Customs show that, in the first 8 months of 2023, the country imported over 85 thousand tons of fresh/live seafood, an increase of 16% over the same period in 2022. Average prices also increased by 15% over the same period last year. The above parameters show that China's domestic consumption in the fresh/live seafood segment has clearly recovered after the Chinese Government lifted restrictions related to the Covid epidemic.

(seafood.vasep.com.vn) Due to the wastewater release, Chinese people are hesitant to consume even domestically caught seafood in some waters near Japan. Therefore, the import demand of seafood in China will increase, including Vietnam.

(seafood.vasep.com.vn) Vietnam's shrimp exports in the first two months of this year grew well in all major markets such as the US, EU, Japan, Korea, China, UK... In the Russian market, exports decreased due to disruption resulting from the Russia-Ukraine conflict.

(seafood. vasep.com.vn) According to customs statistics, in November 2021, Vietnam's seafood exports reached over US$910 million, up 23% over the same period last year. Accumulated to the end of November, seafood exports reached about 8 billion USD, up 4% over the same period in 2020.

The Japanese consume around 10,000 metric tons of pufferfish each year, according to Business Insider, but Japan's quality of wild puffers has decreased over the years, so Vietnam can explore the potential of a future market for the fish.

(seafood.vasep.com.vn) As of the first half of April 2021, the total value of Vietnamese shrimp exports to the Japanese market reached 154.2 million USD, down 2.1% over the same period last year. Up to now, Japan is still Vietnam's largest black tiger shrimp export market. However, in the context of increasingly complicated Covid developments, the country continues to increase the amount of imports of vannamei shrimp because the price is more suitable.

(vasep.com.vn) By the end of February 2021, the total value of Vietnam's tuna exports to Japan reached more than US $4 million, down by 16% from the same period in 2020. It is forecasted that in the following months, tuna exports to this market still cannot recover.

(seafood.vasep.com.vm) Japan is Vietnam's second largest market for cephalopod exports, accounting for 22%. After a decline in the first three quarters of the year, the export of cephalopod to this market recovered in the fourth quarter 2020, reaching nearly $33 million, up by 1.4% over the same period in 2019. Total cephalopod exports of Vietnam to Japan in 2020 reached 121 million USD, down 14% compared to 2019.