Vietnamese squid and octopus exports have skyrocketed, dominating the East Asian and ASEAN markets.

Published 2025년 12월 7일

Tridge summary

Core tip: In 2025, despite frequent fluctuations in the international fishery market and tight raw material supply, Vietnam's squid and octopus exports still delivered impressive results. According to the latest data from the Vietnam Association of Seafood Exporters and Producers (VASEP), as of the end of October, Vietnam's squid and octopus exports reached $627 million, a year-on-year increase of 19%. Among these, October's monthly export value reached a new high for the year, amounting to $83 million, a month-on-month increase of 25%, and a year-on-year increase of 25% as well. This growth is mainly due to the continuous expansion of demand in the East Asian and ASEAN markets, especially for ready-to-eat and semi-finished products.

Original content

East Asia and ASEAN markets contribute significantly Currently, 94% of Vietnam's squid and octopus exports are concentrated in the East Asia and ASEAN markets. Among these, South Korea remains the largest buyer, accounting for 38% of the total exports; Japan ranks second with 23%; and Thailand, as an emerging market, has shown remarkable growth, with exports increasing by 39% over the past 10 months. Industry analysis indicates that consumers in South Korea and Japan increasingly favor convenient, ready-to-eat, and packaged seafood products, which aligns well with the product positioning of Vietnamese processing enterprises. The Thai market, on the other hand, prefers grilled and air-dried squid products, becoming a new growth point in the adjustment of Vietnam's export structure. Ready-to-eat products become the core of export growth In the past, Vietnam's squid and octopus exports were mainly frozen raw materials and primary products, but starting from 2025, the structure has ...

Source: Foodmate