Viet Nam’s squid and octopus exports grew 6.5 per cent to bring back over US$48 million in June after a continuous decline in the three previous months.
Squid and octopus exports fell by 21.2 per cent year-on-year in the first five months of the year to US$192 million as demand was hit by COVID-19, according to the Viet Nam Association of Seafood Exporters and Producers.
Total exports of squid and octopus from Viet Nam to the US reached US$ 9.7 million last year, up 94.7 per cent from 2016, reported the Viet Nam Association of Seafood Producers and Exporters (VASEP).
Cuttlefish and octopus exports this year are expected to increase by four per cent from last year to reach US$470 million, according to the Viet Nam Association of Seafood Producers and Exporters (VASEP).