Vietnam’s export of squid, octopus to US surges in 2019
Vietnam’s export of squid and octopus to the US market saw a strong rise of 63.7 percent in the first nine months of 2019 to reach 11.4 million USD, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
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| Illustrative image (Photo: VNA) |
The US is now the sixth largest importer of Vietnam’s squid and octopus, accounting for 2.7 percent of the Southeast Asian country’s total export of those products.
As the US-China trade tension escalates, the US raises tariffs on some Chinese squid and octopus products by 30 percent, which has brought opportunities for similar products of Vietnam.
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