Vietnam's squid and octopus exports fell 15% year-on-year in the first seven months of this year

Common Squid

Frozen Squid

Frozen Octopus

Seafood

Vietnam

Published Sep 12, 2023

Tridge summary

Vietnam's exports of squid and octopus have decreased by 15% in the first seven months of this year, with exports to major markets decreasing except for Japan. In the second quarter, exports of squid and octopus were down 18% compared to the previous year, with squid accounting for 57.5% and octopus 42.5% of exported products. Dried/salted/live/fresh/frozen octopus is the most exported product, accounting for 34% of total exports in the first half of the year.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

News from SeafareMedia on September 8. In the first seven months of this year, Vietnam’s exports of squid and octopus were US$350 million, a year-on-year decrease of 15%. Except for a slight increase in exports to Japan, exports to other major markets have decreased. . In the second quarter of this year, Vietnam's squid and octopus exports were nearly US$154 million, down 18% year-on-year. Among the exported squid and octopus product structures, squid accounted for 57.5% and octopus 42.5%. In the first two quarters, squid exports fell by 13% %, and octopus exports fell by 17%. Dried/salted/live/fresh/frozen octopus is the product with the highest proportion among exported squid and octopus products, accounting for 34%, with an export value of US$99 million in ...

Source: Foodmate