Increase in exporting cuttlefish and optopus to America

High demand leading to export turnover from this product category of Vietnam to America rising nearly 13% in comparison with the same period last year.

According to General Department of Customs, in the first 7 months of this year, turnover from exporting cuttle fish and optopus reached USD 2.566 million, which increased by 12.6% in comparison with the same period of 2014. USA accounted for 1.2% of total Vietnam exported cuttle fish and octopus revenue.

The reason of this significantly growth is that America was pushing up importing activities.

According to GATS (Global Agriculture Trade System), in the first 4 months this year, America imported 7.812 tons of octopuses which cost over 41.9 million USD with an average cost of 5.31 USD per kg, rised by 76% of weight and 78% of value in comparison with the same period in 2014.

Spain and Indonesia are the top countries which export octopuses to America. Meanwhile, China, India and Thailand are the main countries which export cuttle fish.

Source: vnexpress newspaper