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 Việt Nam Association of Seafood Producers and Exporters (VASEP). — PhotoHCM CITY — 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 Việt Nam Association of Seafood Producers and Exporters (VASEP). Exports of frozen cuttlefish and octopus contributed 34 per cent and 32 per cent of the total exports, respectively, and dried and processed products the rest. VASEP forecast cuttlefish and octopus exports just slightly higher than four per cent this year, Hòe said, adding that exports in the first quarter were estimated to reach $80 million, a year-on-year decrease of 1.93 per cent. While exports to South Korea and Japan could fall slightly in the first quarter, exports to EU will rise but not by much.

Source: Viet Nam News February 14, 2017 02:01 UTC