Vietnam's cephalopod exports on a downward trend in August
Still, VASEP explained that thanks to the good growth reported in the previous months, the total export value increased by 3.5% between January and August this year, reaching US$417 million.
Vietnam's main importer of cephalopods remained South Korea. Exports to this country were up 19% in August compared to the same month in 2017, reaching US$26 million. The estimated value of the total export to this country in the first eight months of the year reached US$155 million, up 14% over the same period last year.
Japan imported 12% less cephalopods from Vietnam in August compared to the same month in 2017, exports to this country reaching US$14.5 million. On the other hand, the total exports from January to August reached US$95 million, with an increase of 0.7%.
Vietnam's cephalopod exports to the EU were impacted by the "yellow card" warning. The country exported 24% less in August compared to August 2017, reaching a value of US$ 7.8 million.
VASEP said that the total export value of cephalopod to the bloc in the first eight months of the year decreased by 26% over the same period, reaching US$54 million.
In August, Vietnam’s cephalopod sales to ASEAN recovered and reached US$8.2 million, up 6.7% compared with August 2017; the figure in the first eight months of the year was nearly US$54 million, up 18% from a year before.
Meanwhile, exports to China were down 57% in August, reaching US$3.7 million. On the other hand, in the first eight months of the year, exports to this Asian country increased by 14%, reaching nearly US$34 million.
Farmers oppose the agreement between the European Union the Mercosur bloc that includes Brazil, A...
"The flock figure of around 8.7 million recorded for the last two years is the lowest level since...
The Food and Agriculture Organization of the United Nations (FAO) launched its 2024 Statisti...
