Cuttlefish and octopus exports to reach 420 million USD

by VTV424 February 2017 Last updated at 18:43 PM

VTV.vn - ​Cuttlefish and octopus will see a drop in export turnover this year compared to 2016, according to the Vietnam Asociation of Seafood Exporters and Producers (VASEP).

VASEP predicted that cuttlefish and octopus export turnover in 2017 will decrease by 5% year on year, to about 420 million US dollars. The figure is expected to reach 80 million US dollars in the 1st quarter of the year. The top 6 exports markets of the product would still be the Republic of Korea, Japan, the US, ASEAN, the EU and China. These markets account for 95% of the total export turnover. Domestic producers would continue to import cuttlefish material as there are not enough sources in the country./.

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