Exports of cephalopods increased by 37% in February 2023
In the structure of exported cephalopod products, squid accounts for a higher proportion than octopus. Only live/fresh/frozen squid products (HS code 03) had a slight increase in export value. Exports of the remaining cephalopod products all decreased, of which the largest decrease was other processed squid (HS 16) with 20% reduction.
South Korea is still the largest import market of Vietnam's cephalopods, accounting for 35% of the total export value. In the first two months of 2022, exports to this market reached 31 million USD, down 3% over the same period. Korea mainly imports from Vietnam frozen cut octopus, frozen whole octopus, frozen cut octopus, frozen processed octopus, peeled dried squid, frozen processed squid, frozen sushi squid.
Ranked second is Japan, accounting for 26%. In the first two months of this year, Vietnam's cephalopod exports to Japan reached $23 million, up 6% over the same period.
The EU ranks 4th in importing cephalopods from Vietnam. Italy, France and Spain are among the top 3 largest import markets, accounting for 48%, 14% and 13% of Vietnam's total cephalopod exports to the EU market, respectively.
As an affordable product, the demand for importing cephalopods from the consuming markets has not changed much. In 2022, Vietnam's exports of cephalopods reached nearly 763 million USD, up 25% compared to 2021.
In 2023, cephalopods exporters continue to face difficulties in source of raw materials and high input costs. In addition, the IUU yellow card that has not been removed is still a challenge for cephalopod exports.
By Thuy Linh VASEP
China that consumes most of Vietnamese dragon fruit and durian has expanded the area of land under fruit cultivation moving towards self-sufficiency in fruit supply, a move that causes a great concern for growers and exporters of these fruits
The Vietnam Cashew Association (VINACAS) has set an export target of US$3.1 billion in 2023, up 0.6 percent compared to 2022. At the 12th Vietnam International Cashew Conference (February 27 - 28), Mr. Pham Van Cong, Chairman of the Vietnam Cashew Association (VINACAS) said that in 2023, although the global agricultural product market is expected to be It is forecasted that there will be a great demand for food and foodstuffs, the expansion of export markets in parallel with focusing on the domestic market will be the basis for Vietnam's agricultural industry to aim for agro-forestry export - seafood $ 54 billion in 2023 (an increase of $ 780 million compared to 2022).
In the first two months of 2023, cephalopod products contributed 8% of Vietnam's total seafood export turnover, with a value of over $89 million. In February, the export of cephalopods increased by 37% over the same period last year, reaching 47 million USD
An ongoing rise in Vietnam's rice price is the continuation of a trend that began last year when Chinese and Indonesian importers upped their consumption of the Vietnamese staple.
VOV.VN - Vietnamese fruit and vegetable exports during the first quarter of this year brought in US$935 million, marking an increase of nearly 10.6% compared to the same period last year.
To overcome shortcomings and shortcomings among Vietnamese fruit and vegetable exporters, the Vietnam Chamber of Commerce and Industry (VCCI) has cooperated with Oxfam in Vietnam on the “Enhancing the export competition of small and medium-sized enterprises in the fruit and vegetable industry” project , from now to December 31, 2023. The EU has agreed to cover 80 per cent of the funding - By Vu Khue VnEconomy
FEATURED NEWS
China that consumes most of Vietnamese dragon fruit and durian has expanded the area of land under fruit cultivation moving towards self-sufficiency in fruit supply, a move that causes a great concern for growers and exporters of these fruits
The Vietnam Cashew Association (VINACAS) has set an export target of US$3.1 billion in 2023, up 0.6 percent compared to 2022. At the 12th Vietnam International Cashew Conference (February 27 - 28), Mr. Pham Van Cong, Chairman of the Vietnam Cashew Association (VINACAS) said that in 2023, although the global agricultural product market is expected to be It is forecasted that there will be a great demand for food and foodstuffs, the expansion of export markets in parallel with focusing on the domestic market will be the basis for Vietnam's agricultural industry to aim for agro-forestry export - seafood $ 54 billion in 2023 (an increase of $ 780 million compared to 2022).
An ongoing rise in Vietnam's rice price is the continuation of a trend that began last year when Chinese and Indonesian importers upped their consumption of the Vietnamese staple.
To overcome shortcomings and shortcomings among Vietnamese fruit and vegetable exporters, the Vietnam Chamber of Commerce and Industry (VCCI) has cooperated with Oxfam in Vietnam on the “Enhancing the export competition of small and medium-sized enterprises in the fruit and vegetable industry” project , from now to December 31, 2023. The EU has agreed to cover 80 per cent of the funding - By Vu Khue VnEconomy
VOV.VN - Vietnamese fruit and vegetable exports during the first quarter of this year brought in US$935 million, marking an increase of nearly 10.6% compared to the same period last year.
