Octopus and Squid exports to the US nearly double in 2017 : Mar 02, 2018
Another success for frozen seafood exporters in Vietnam has been the spectacular growth in exports of octopus and squid to the USA. Seafood exporters sold US$ 9.7 million last year, up 95% per cent from 2016. Seafood suppliers shipped $1m worth of Octopus and Squid in the first quarter and US$3.5m in the fourth quarter.
This increase was despite US International Trade Commission (ITC) statistics showing that overall squid and octopus imports from 38 countries in the first 11 months of 2017 worth $295.8 million were down 29.2 per cent from the same period of 2016. Vietnam is now the ninth largest supplier of squid and octopus for the USA market.