Accumulated in the first 6 months of 2022, Vietnam tuna exports to this market reached nearly 3 million USD, up 203% over the same period.
According to statistics of Vietnam Customs, Vietnam's tuna exports to France increased over the same period. In which, the largest increase was in the group of processed and canned tuna products. Frozen tuna meat/loin with HS code 0304 is still the main export product group to this market, accounting for 63% of the total export value.
Vietnam is currently the 14th largest tuna supplier to the French market among non-EU suppliers. This year, French tuna imports have recovered and France tends to increase tuna imports from Asian countries other than Vietnam, such as the Philippines by 442%, Indonesia by 42%.
In the first few months of 2022, due to the good tuna catch of France and Spain, it is enough to supply tuna to the processors of this country and EU countries. Therefore, France tends to increase imports of frozen cooked tuna meat/loin, and imports of frozen whole tuna products decrease.
Along with that, the reopening of EU countries in the tourism industry also increases the demand for importing high-value fresh and frozen tuna. At the same time, the increased import demand for large canned tuna products for food service chains, restaurants, etc. has helped restore tuna imports in H1/2022.
However, as for the depreciation of the euro, countries are concerned about the possibility that Russia could cut off natural gas supplies to Europe and plunge the region into recession at any time. This will affect the entire economy, including the tuna fishing and processing industries of EU countries.
Although, on July 21, 2022, the European Central Bank (ECB) decided to raise interest rates by 50 basis points. However, according to the Reuters news agency, this 50 basis point increase by the ECB is still not strong enough compared to other central banks in the world, especially the US Federal Reserve, which raised interest rates to 75 basis points last month and there is likely to be another base rate hike this month.
High-priced raw materials are reducing the purchasing power of countries. However, raising interest rates, which increase the cost of borrowing during a recession, could increase difficulties for businesses and households. Specifically, tuna businesses in the EU are importing tuna in USD, so the depreciation of the euro makes tuna more expensive than ever. At the same time, a strong dollar can make final products imported into the EU more expensive and this will hold back demand.
Compiled by My Hanh
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
(seafood.vasep.com.vn) In 2025, the fisheries sector continued to stand out as a bright spot in Ca Mau’s economic landscape, maintaining positive growth in both output and value.
(seafood.vasep.com.vn) By the end of November 2025, Vietnam’s total pangasius export turnover had exceeded the $2 billion threshold, registering a 9% compared with the same period in 2024. In November alone, pangasius exports reached $195 million, also posting a 9% increase year-on-year, underscoring a stable recovery trajectory for the sector in the final months of the year.
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(seafood.vasep.com.vn) An Giang is focusing on expanding climate-adaptive marine aquaculture models, aiming for safe and sustainable production. This approach not only enhances economic efficiency but also helps fishermen stabilize their livelihoods amid weather fluctuations.
(seafood.vasep.com.vn) In the first 10 months of 2025, Vietnam’s pangasius export value to China (including Mainland China and Hong Kong) reached $483 million, up 1% compared to the same period in 2024. October alone posted $73 million, a strong 19% increase year-on-year. The Chinese market currently accounts for nearly 27% of Vietnam’s total pangasius export value.
(seafood.vasep.com.vn) According to data from Vietnam Customs, the country’s lobster exports posted another strong month in October 2025, reaching $93 million - a 75% increase from the same month in 2024. This performance extends the sector’s impressive growth streak from earlier in the year, pushing cumulative exports for the first 10 months to $712 million, up an extraordinary 135% year-over-year. Within the product mix, green lobster remained the dominant driver, accounting for 98% of total export value, with $700 million recorded in the first 10 months - a 141% jump year-on-year. In contrast, exports of spiny lobster and other lobster varieties declined slightly by 22% and 1%, respectively, indicating that market demand is becoming increasingly concentrated on the most sought-after product line.
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