Cuttlefish and squid imports continued to decline in November, while export growth led the market recovery

According to the data from the General Administration of Customs, in November 2024, my country's import volume and import value of cuttlefish and squid products continued to decline year-on-year, while export performance maintained positive growth, with both export volume and export value increasing month-on-month. The global supply of squid is still tight, but my country's export growth to major markets has injected some vitality into the industry. In November, my country imported a total of 32,400 tons of cuttlefish and squid products, with a total value of US$105 million, a year-on-year decrease of 16.01% and 25.75%. Although the import volume and import value decreased significantly compared with the same period last year, they increased by 19.80% and 21.89% respectively compared with October, showing some signs of recovery. From January to November this year, my country imported a total of 344,300 tons of cuttlefish and squid products. tons, a decrease of 19.02% over the same ...