1. Vietnam's seafood exports surpassed the pandemic to reach the target of 8.9 billion USD. In 2021, the Covid-19 epidemic broke out strongly in Ho Chi Minh City and 19 southern provinces in the third quarter, strict epidemic prevention regulations made most seafood processing factories only maintain 30-50% of production. Seafood exports in the third quarter of 2021 decreased by 24-27% compared to the same period in 2021
Seafood exports at the end of the year reached 8.9 billion USD, up 6% compared to 2020. In which, shrimp brought in nearly 3.9 billion USD, up 4%, pangasius accelerated sharply in the last 2 months. with full year results of over 1.6 billion USD, up 8.4%; Export of marine products reached US$3.4 billion, up 7%.
2. Seafood exports to the US market reached a record of US$2 billion, up 27% compared to 2020, accounting for 23% of Vietnam's total seafood exports.
In addition, exports to many markets had outstanding growth: the EU increased by 12% (in which, most of the member countries increased imports from Vietnam by 10-75%); Exports to Korea increased by 6%, while exports to some countries in the CPTPP such as Australia increased by 16%, Mexico increased by 49%.
Seafood exports to Russia increased by 21% thanks to the increase in the number of enterprises allowed to export to this market by 25 to 50 enterprises in the past year.
3. Seafood exports to China fell to the lowest level in 5 years.
China's zero Covid policy has strongly affected Vietnam's seafood exports to China. China's strict inspection to trace the corona virus on imported seafood products through sea, land and even air border gates, caused traffic jams and customs clearance of imported goods into this market for most of the year 2021. Therefore, seafood exports to China and Hong Kong decreased by 17% to 1.1 billion USD, the lowest level in 5 years.
4. The average price of seafood exports to major markets increased by 10-30% on average. In addition to the levers to promote seafood exports such as tax benefits from FTAs and strong demand in markets, the increase in export prices is a major factor in increasing seafood export turnover in 2021, especially are the last months of the year when orders increase and supply is low.
Accordingly, the average price of frozen pangasius fillets exported to the US market increased in the last 2 months of the year by more than 1 USD/kg compared to the same period last year. The average price of importing Vietnamese shrimp into the US market also increased from 11 USD at the end of 2020 to 12 - 13 USD/kg by the end of 2021.
5. Shipping charges to markets increased sharply by 4-10 times compared to before the epidemic, accompanied by difficulties in domestic transportation, goods in many localities were congested. In addition, input costs have increased sharply due to the Covid-19 epidemic: increased raw material prices, epidemic prevention and control costs, transportation costs, etc., leading to an increase in production costs and export prices.
To get more detailed information and data on Vietnam's seafood production and exports to markets in 2021 and forecast for 2022, please register: Report on Vietnam's Seafood Exports in 2021, to be released in February 2022.
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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