South Korea- a bright spot in Vietnam’s tuna exports

News 09:20 14/03/2023
(seafood.vasep.com.vn) While Vietnam’s tuna exports to almost all main markets decreased in Jan 2023, exports to South Korea recorded an impressive growth of 457% compared to the same period last year. Therefore, South Korea became one of the 8 main import markets of Vietnamese tuna in January.

The Korean fishing fleet is one of the largest fishing fleets in the world and has continuously achieved high catches over the years. However, in recent years, due to the ban on the use of fish aggregating devices (FADs) and the depletion of tuna stocks in fishing grounds, the country's tuna catch has decreased.

The decrease in catches has led to a fall in the supply of raw materials to serve the production of canned processed tuna, thus Korea has to increase imports of canned processed tuna and raw/fresh/frozen tuna from other countries. With the increase in imports of frozen tuna, raw materials for production, Korea has gradually reduced imports of canned processed tuna. However, due to unstable domestic catch, Korea still imports more processed and canned tuna from other countries, including Vietnam.

Vietnam exports mainly frozen steamed tuna loin to the Korean market, accounting for 69% of total export turnover.

In 2022, Vietnam's tuna exports to South Korea have grown continuously in the second half of the year. Tuna export turnover to this market reached nearly 7 million USD, up 84% compared to 2021. This growth trend continued in the first month of 2023.

Currently, Vietnam exports mainly frozen steamed tuna loin to the Korean market, accounting for 69% of total export turnover. The average export price of these products in 2022 fluctuates on average at USD 5,142/ton. After rising to the highest level of USD 5,664/ton  in May 2022, the average export price of Vietnam's frozen steamed tuna loins to the Korean market has decreased. However, the price tends to increase towards the end of the year.

Currently, there are 18 companies participating in exporting tuna to the Korean market. Nha Trang Bay, Phat Trien Seafood and Tuna Vietnam are the top 3 exporters in this market, accounting for 66% of the total export value.

Compiled by Thuy Linh

Bạn đang đọc bài viết South Korea- a bright spot in Vietnam’s tuna exports tại chuyên mục News của Hiệp hội VASEP
tuna exports to south korea

TIN MỚI CẬP NHẬT

Sustainable transformation needed for Vietnam’s strategic pangasius sector

 |  14:41 16/06/2026

(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.

Tilapia exports to Asia: Significant room remains for value-added products

 |  09:10 15/06/2026

(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.

Shrimp and pangasius continue to lead seafood exports.

 |  15:59 12/06/2026

(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.

Vietnam Food develops a green value chain from shrimp by-products

 |  10:40 11/06/2026

(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.

Vietnam Clean Seafood Corporation invests in a super-intensive shrimp farming zone in Can Tho

 |  10:24 10/06/2026

(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.

Vietnam’s seafood exports in the first five months of 2026 show positive growth, but second-half orders face uncertainties

 |  09:50 08/06/2026

(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.

VASEP published Report on Vietnam seafood exports in Q1/2026

 |  09:44 08/06/2026

(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.

Russia emerges as a new growth driver for Vietnamese tuna exports

 |  09:36 06/06/2026

(seafood.vasep.com.vn) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.

Vietnamese pangasius: from export recovery to the need for upgrading the value chain

 |  09:24 04/06/2026

(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.

Vietnamese tilapia accelerates growth, creating opportunities to upgrade product structure

 |  09:20 02/06/2026

(seafood.vasep.com.vn) In the first four months of 2026, Vietnam’s tilapia exports reached USD 49 million, up 151% compared to the same period in 2025. This impressive growth reflects positive momentum in the tilapia sector, with Brazil emerging as a key driver of growth, while frozen tilapia fillets continued to be the industry's leading export product.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC