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Vietnam cephalopod exports in 2021

(seafood.vasep.com.vn) According to data of Vietnam Customs, Vietnam's exports of squid and octopus as of November 2021 reached over US$543 million, up 7% over the same period in 2020. Export of squid and octopus in December 2021 was estimated at over 60 million USD, up 10%. Accordingly, for the whole year of 2021, exports have witnessed over 600 million USD, up 7% compared to 2020.

(seafood.vasep.com.vn) Korea is the largest import market of Vietnam's cephalopods, accounting for 41% of the total export value. In the second quarter of 2021 alone, cephalopod exports to South Korea reached US$62.6 million, up 8.8% over the same period last year. In the first two quarters of this year, cephalopod exports to this market reached 110.3 million USD, up 8% compared to the first 2 quarters of 2020.

(seafood. vasep.com.vn) Vietnam's cephalopod exports to Thailand in the first 6 months of this year achieved positive growth. As of July 15, 2021, exports of cephalopods to Thailand reached US$31.5 million, up 25.3% over the same period last year.

(seafood. vasep.com.vn) By the end of April 2021, China is the 5th largest single cephalopod import market of Vietnam, accounting for 6% of the total export of these products. . In the past 3 years, Vietnam's cephalopod exports to China have tended to grow continuously. Export value in 2020 increased by nearly 61% compared to 2019. In 2021, exports to this market have continued to grow.