Tags:

US tariff

(seafood.vasep.com.vn) Vietnam’s recent agreement with the United States on a reciprocal, fair, and balanced trade framework—reached at the ASEAN 2025 Summit in Malaysia—has sparked optimism for Vietnamese exports, including tuna. However, turning this optimism into real benefits will require overcoming significant challenges.

(seafood.vasep.vn) In the global context, including the Vietnamese shrimp industry, facing the risk of reciprocal tariffs from the US, diversifying export markets is becoming urgent. In particular, Australia is considered one of the potential, stable markets that are suitable for deep processing and increasing the added value of Vietnamese shrimp.

Facing the prospect of U.S. countervailing duties as high as 46% on Vietnamese seafood, several leading exporters are reassessing their 2025 business strategies and profit targets.

(seafood.vasep.com.vn) According to data from Vietnam Customs, in March 2025, Vietnam’s pangasius exports reached USD 182 million, up 21% from the previous month and 16% year-on-year. Robust demand from Vietnam’s two key export destinations - the United States and China - continues to play a pivotal role in driving the outbound flow of pangasius products beyond national borders.

(seafood.vasep.com.vn) In the first quarter of 2025, Vietnam’s shrimp exports to the European Union (EU) reached over USD 107 million, marking a 33% year-on-year increase and signaling a strong start to the year. The growth was driven by the recovery of demand in Europe, the proactive adaptation of Vietnamese exporters in diversifying their product portfolios, and the effective utilization of preferential tariffs under the EVFTA.