OTHER MARINE PRODUCTS

Vietnams cephalopod exports in 2021 increased by 7%
09:16 01/17/2022

(seafood.vasep.com.vn) The EU is Vietnam's largest bivalve mollusk import market, accounting for 62% of Vietnam's total export value of this item to markets.

(seafood.vasep.com.vn) Thanks to good growth in the first 7 months of this year, the EU has surpassed Thailand to become the third largest import market of Vietnam's squid and octopus, accounting for 10.8% of the total value. Export of squid and octopus from Vietnam. In August 2021, due to the impact of the Covid-19 epidemic, Vietnam's exports of squid and octopus to the EU as well as most markets decreased. However, from September, exports are recovering thanks to the policy of easing social distancing to restore production.

(seafood.vasep.com.vn) In August 2021, Vietnam's sea product exports reached 224.8 million USD, down 22% compared to July 2021 and down 24% compared to August 2020. In the first eight months of the year, marine product exports reached $2.1 billion, accounting for 38% of the country's total seafood export value and up 7% over the same period in 2020.

(seafood.vasep.com.vn) While the export of some marine products decreased significantly in August 2021, Vietnam's bivalve mollusk exports still increased strongly by 36.2%, reaching over 13.2 million dollars. In the first 8 months of the year, the export of bivalve molluscs reached USD 86.8 million, up nearly 40% over the same period last year. In which, clam is the key product, accounting for 72% of the value, reaching 62.6 million USD in 8 months, in August alone increased 75% to 11.5 million USD.

(seafood.vasep.com.vn) Although Vietnam's seafood exports to the EU in August 2021 decreased by nearly 31%, there are still some important markets that maintain positive growth this month such as Spain and Portugal with the main contribution of clam exports.

(seafood.vasep.com.vn) Mr. Nguyen Quang Hung, Deputy Director of Directorate of Fisheries, Ministry of Agriculture and Rural Development, said that the electronic log-book is being piloted in some coastal provinces of Vietnam.

(seafood.vasep.com.vn) Korea is the largest import market of Vietnam's cephalopods, accounting for 41% of the total export value. In the second quarter of 2021 alone, cephalopod exports to South Korea reached US$62.6 million, up 8.8% over the same period last year. In the first two quarters of this year, cephalopod exports to this market reached 110.3 million USD, up 8% compared to the first 2 quarters of 2020.

(seafood. vasep.com.vn) Vietnam's cephalopod exports to Thailand in the first 6 months of this year achieved positive growth. As of July 15, 2021, exports of cephalopods to Thailand reached US$31.5 million, up 25.3% over the same period last year.

(seafood.vasep.com.vn) In the first six months of this year, the EU was the largest import market for Vietnamese bivalve molluscs, accounting for 60% of Vietnam's total bivalve mollusk exports.

The Mekong Delta province of Kien Giang will develop sea aquaculture, focusing on breeding fish in floating cages and bivalve mollusc farming effectively and safely, thereby contributing to enhancing agricultural economic growth in the context of the COVID-19 pandemic, according to the provincial Department of Agriculture and Rural Development.

Vietnam is to have 280,000 ha of marine aquaculture area and 10.5 million cubic metres of farming cages by 2025, according to the Ministry of Agriculture and Rural Development (MARD).

(seafood.vasep.com.vn) According to statistics of Vietnam Customs, Vietnam's marine product exports continued to grow well in June 2021. In the first 6 months of 2021, marine products export value reached more than 1.6 billion USD, up by 15% over the same period in 2020.

(seafood.vasep.com.vn) According to statistics of Vietnam Customs, Vietnam's exports of fish cakes and surimi grew continuously in the first 5 months of 2021. And by the end of May 2021, exports Vietnam's fish cakes and surimi exports reached 160 million USD, up 37% over the same period in 2020.

The Prime Minister recently issued Directive 17 on the inter-sectoral coordination mechanism between departments, ministries and localities in exchanging and processing information, to prevent and move to stop fishing vessel situation Vietnam violates regulations on combating illegal, unreported and unregulated (IUU) fishing in foreign waters.

In the first 5 months of 2021, Vietnam's marine product exports increased by 16% to US$1.32 billion, accounting for 40% of the country's total seafood export turnover. In May alone, exports of marine products increased by 26% to $292 million.


SPECIALIST ON MARINE FISH MARKET

Ms Van Ha

Email: vanha@vasep.com.vn

Tel: +84 24 37715055 (ext. 216)

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