Vietnam's squid and octopus exports increased by 25%
In the period, Vietnam exported cephalopod to 38 markets, in which the export value to the top leading markets all grew well over the same period in 2017 except for the EU (-9.1%).
The supply of raw materials in addition to the high demand in the major markets supported the growth of Vietnam’s cephalopod exports in the first two months of 2018.
Squid products continued to be the main export products of Vietnam in the first two months of 2018, accounting for 53.6% of total export value, while octopus products accounted for 46.4%. Of that, exports of dried/salted/fresh/frozen octopus (HS code 03) accounted for the highest proportion of 35.2%; followed by fresh/live/frozen squid (HS code 03) with 31.7%.
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