According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam’s overall squid and octopus export turnover reached USD 239 million in the first half of 2024
Headway JSC, a Coop member in Ho Chi Minh, Vietnam, has experienced an extraordinary increase in its squid and octopus exports to the United States. According to the latest data, shipments to the US have surged by an impressive 596.42% compared to the same period in 2023.
A detailed report from Headway highlights that the US has become an emerging growth market in 2024, with exports reaching 145.9 tons of squid and octopus. This significant volume exceeds expectations, given the stringent preservation regulations and quality maintenance required for goods throughout the long transportation process to the US.
T. Nguyen, Agency and Sales Director of Headway, explains that the US and Taiwan are the primary markets for Headway’s squid and octopus shipments. However, while Taiwan was the leading market in 2023, the latest trends indicate a shift, with the US now taking the lead. Moreover, as per the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam’s overall squid and octopus export turnover reached USD 239 million in the first half of 2024, a slight decline compared to the same period last year.
Headway’s success can be attributed to its adoption of advanced technologies. The company has promoted the use of digitalization, modern storage systems, and a state-of-the-art container monitoring network. These innovations have allowed Headway to optimize its cold supply chain and ensure the preservation of goods, aligning with the company’s commitment to “greening” the entire goods circulation process and promoting sustainable economic benefits.”With these advancements, Headway is well-positioned to continue its growth trajectory and maintain its competitive edge in the global seafood market,” adds Nguyen.
Congratulations to Headway JSC and all the best for their upcoming projects!