Vietnam's export of squid and octopus to China has increased sharply

Published 2021년 6월 21일

Tridge summary

Vietnam's cephalopod exports to China, mainly squid, saw a decrease of 34% in April 2021, despite a recovery in China's demand for these products due to easing COVID-19 measures. Squid products make up 90% of the total exports, while octopus accounts for 10%. However, the demand for dried or baked squid in China has surged, with imports increasing by over 300% compared to 2020.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Vietnambiz.vn After growing continuously in the first 3 months of the year, the value of Vietnam's cephalopod exports to China in April decreased by 34%, reaching nearly $2.8 million. In 2021, the "COVID-19" epidemic in China has been somewhat controlled, the Chinese government has gradually eased isolation measures, so the country's demand for "import" of squid and octopus has recovered. Squid products continue to be Vietnam's main export product group, accounting for 90%, while octopus only accounts for 10% of total exports of cephalopods to China. Source: VASEP In the context of the worldwide epidemic of COVID-19, the demand for squid, especially dried/baked squid, tends to increase sharply in China as well as in all import markets. Imports of dried, grilled squid into China from Vietnam continued to grow impressively by more than 300% compared to 2020. Besides, the export of fresh and frozen squid of ...
Source: AgroInfo.vn

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.