On-the-Ground Updates

Vietnam's Squid and Octopus Exports Surge in Jan-24, Driven by South Korea and China Markets

Frozen Octopus
Frozen Squid
Vietnam
Market & Price Trends
Nhu Nguyen
Published Mar 8, 2024
In Jan-24, Vietnamese export revenue from squid and octopus reached USD 62 million, a 45% year-over-year (YoY) increase. South Korea was the largest importer of Vietnamese squids and octopus, with a value of USD 26 million, an increase of 67% YoY. Japan followed with an import value of USD 13 million, and China and Hong Kong had a USD 7 million import value, showing growth rates of 19% and 151%, respectively.

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