South Korea and Japan are the 2 markets that buy the most squid and octopus from Vietnam

According to information from the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam's exports of squid and octopus 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, exports of squid and octopus reached USD 557 million, up 37% over the same period. In the third quarter of 2022, squid and octopus exports recorded the highest growth rate of 53% compared to the previous 2 quarters (up 35% and 24% respectively). Also according to VASEP, in the structure of exported squid and octopus products, squid accounted for 56.4%, the rest octopus accounted for 43.6%. In the first 9 months of 2022, the export value of squid increased by 49% while octopus increased by 24% compared to the same period in 2021. Export value of squid products all increased in which dried/baked squid and live/fresh/frozen squid increased by 44% and 47% respectively. Notably, the export value of processed squid ...