News

Squid and octopus exports of Vietnam increased in many markets in the first month of the year

Frozen Squid
Frozen Octopus
Fresh Octopus
Vietnam
Published Feb 25, 2022

Tridge summary

According to the Vietnam Association of Seafood Exporters and Producers, the top markets for importing squid and octopus include: Korea, Japan, China, and Hong Kong, EU, Thailand, USA, respectively. Israel and Taiwan account for 98% of Vietnam's total export value of squid and octopus. In the Top 5 main import markets of Vietnam's squid and octopus in January 2022, exports to China and Hong Kong grew the most by 176%. Exports to the EU increased by 90%, of which exports to 2 single markets in the bloc, Spain and France, grew by 3 figures, 562%, and 346% respectively over the same period last year. Korea is the largest import market of Vietnam's squid and octopus, accounting for 33% of the total export value. In January 2022, exports of squid and octopus to this market reached over $28 million, up 18% over the same period last year. Japan ranked second, accounting for 23%, importing US$14.2 million of squid and octopus from Vietnam in the first month of this year, up 55%. In the structure of Vietnam's exported squid and octopus products in the first month of the year, squid accounted for 56.4% and octopus accounted for 43.6%.

Original content

According to the Vietnam Association of Seafood Exporters and Producers, the top markets for importing squid and octopus include: Korea, Japan, China and Hong Kong, EU, Thailand, USA, respectively. Israel and Taiwan account for 98% of Vietnam's total export value of squid and octopus. In the Top 5 main import markets of Vietnam's squid and octopus in January 2022, exports to China and Hong Kong grew the most by 176%. Exports to the EU increased by 90%, of which exports to 2 single markets in the bloc, Spain and France, grew by 3 figures, 562% and 346% respectively over the same period last year. Korea is the largest import market of Vietnam's squid and octopus, accounting for 33% of the total export value. In January, 2022, exports of squid and octopus to this market reached over $28 million, up 18% over the same period last year. Japan ranked second, accounting for 23%, importing USD 14.2 million of squid and octopus from Vietnam in the first month of this year, up 55%. In the ...
Source: Vinanet
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