Squid, octopus exports to China remain on the rise
Vietnam has recorded continual growth in squid and octopus exports to China over the last three years, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Workers process octopuses for export at a factory in the Mekong Delta province of Kien Giang (Photo: VNA)
Hanoi (VNA) –Vietnam has recorded continual growth in squid and octopus exports to Chinaover the last three years, according to the Vietnam Association of SeafoodExporters and Producers (VASEP).
Shipments of thesecommodities to China last year rose by nearly 61 percent from 2019 and by 21percent year on year in the first four months of 2021 to more than 9.7 millionUSD.
Thanks to the COVID-19pandemic partly contained in China, this country has gradually easedrestrictions, helping to recover demand for mollusc imports, VASEP said, notingthat squid and octopus products remain one of Vietnam’s key aquatic exports tothe neighbouring market.
Vietnam shipped almost 3.3billion USD worth of aquatic products abroad in the first five months of 2021,up 14 percent year on year.
Up to 60 percent, or nearly 2billion USD, of the revenue was contributed by the 13 Mekong Delta localitieswhile six others in the southeastern region made up 18 percent, 602 millionUSD, VASEP reported.
BetweenJanuary and May, overall agricultural exports to China posted impressive growth withshipments of some produce even matching or surpassing the corresponding figuresfor the entire 2020, according to the Plant Protection Department under theMinistry of Agriculture and Rural Development.
In particular, Vietnam shipped over 468,000tonnes of mango to this market, equivalent to 112 percent of last year’sfigure; 348,000 tonnes of banana, 87 percent; 301,000 tonnes of jackfruit, 92percent; and 1.1 million tonnes of dragon fruit, 63 percent.
Hoang Trung, Director of the Plant ProtectionDepartment, said China has long been the main importer of farm produce fromVietnam, and it will remain the largest buyer of Vietnamese agro-forestry-fisheryproducts in the time to come./.
Vietnam raked in 22.83 billion USD from exporting agro-forestry-aquatic products in the first five months of 2021, representing a year-on-year increase of 30.3 percent, reported the Ministry of Agriculture and Rural Development.
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Vietnam earned 790 million USD from exporting aquatic products in May, lifting the total figure in the first five months of this year to nearly 3.3 billion USD, a year-on-year rise of 14 percent.
Bright prospects are likely to be seen in foreign trade over the rest of this year thanks to the effective and comprehensive implementation of free trade agreements (FTAs) and rising prices for strong export products of Vietnam, according to Deputy Director of the Import-Export Department at the Ministry of Industry and Trade (MoIT) Tran Thanh Hai.
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Workers process octopuses for export at a factory in the Mekong Delta province of Kien Giang (Photo: VNA) 
