Vietnams cuttlefish, octopus export to grow this year
The Dollar Business Bureau Vietnam’s cuttlefish and octopus exports are slated to grow by 4% to reach $470 million in 2017, the Vit Nam Association of Seafood Producers and Exporters (VASEP) said. According to Trng ình Hòe, general secretary, VASEP , Vietnam’s cuttlefish and octopus exports in 2016 stood at $440 million, registering an annual growth of 3%. The outbound shipments of frozen cuttlefish contributed 34%, while exports of octopus contributed 32% of the country’s total exports. The remaining 34% shares were made up by processed and dried products. Last year, South Korea, Japan and the European Union (EU) remained the largest import markets for Vietnam’s cuttlefish and octopus exports. There was a significant rebound in the overall demand in Japan and other major markets. ...
Indias cashewnut exporters eye emerging China market
Recent hike in wages in Kerala and import duty imposed by China put India at a disadvantage compared to countries like Vietnam which has overtaken India as the world’s largest cashewnut exporter Bidhu Bhushan Palo | The Dollar Business India’s cashewnut exporters are facing a tough time due to multiple factors that include higher input costs, shrinking sources and trade barriers in exporting to China. India is the world’s largest producer of cashewnuts and is known as a source of good quality cashewnuts. It was also the top exporter, but has now been replaced by Vietnam, which is keen to increase its cashewnut exports from the current $2 billion (around Rs.12,500 crore). Despite various incentives provided to cashew nut ...
