In the first two months of 2021, Vietnam's seafood exports to other countries continued to be affected by Covid, which slowed down logistics operations, soared sea freight, and increased production and export costs. However, exports to Australia and Canada still maintained impressive growths, up by 38.6% and 11.5% respectively compared to the same period last year with 39.3 million USD and 35.4 million USD.
Thanks to its high growth rate, Australia from the 7th market in 2020 has surpassed to the 5th place among the top 10 single markets of importing Vietnamese seafood in the first 2 months of this year. The share of this market in total exports in 2020 was 2.7%, with the higher results in the first 2 months of this year, the proportion has increased to over 4%. Australia is only behind the US, Japan, China and South Korea in the top 10 markets for Vietnamese seafood. In particular, shrimp alone accounts for 66% of total exports to this market. In 2021, by the end of February, Australia was the fourth largest shrimp market of Vietnam, with a value of over 26 million USD, up by 59%. In the context of Covid, Australia increased imports of frozen steamed white shrimp and dried shrimp from Vietnam.
In 2020, Canada is the 6th largest market for Vietnamese seafood, accounting for 4.1%, with an import value of 263 million USD. In the first two months of 2021, Canada still maintained the 6th position, accounting for 3.5% and growing steadily at 11.5%. In particular, shrimp also accounted for the largest proportion in the seafood products exported to this market, accounting for 61%. However, shrimp exports to Canada increased only slightly by 1.5% to 21.5 million USD. Meanwhile, the export of pangasius and tuna to Canada increased strongly by 13.5% and 36.4%.
In addition to Australia and Canada, the export of Vietnamese seafood to Chile in 2020 and the first two months of this year both increased sharply. Meanwhile, exports to other member countries, especially Asian countries, almost declined due to the impact of the Covid epidemic. This result also clearly shows the positive impact of the CPTPP agreement on exports to countries that first join FTAs with Vietnam such as Canada and Chile. Moreover, in the context of economic difficulties in countries, tariff preferences are fully utilized by importers as a competitive advantage. Therefore, it is forecasted that Vietnam's seafood exports to Australia, Canada and Chile will continue to increase in the coming months and in the whole year 2021.
(seafood.vasep.com.vn) In the first three months of 2026, Vietnam’s exports of fish cake and surimi reached USD 63 million, down 5% compared to the same period last year. Although total export value declined slightly due to decreases in some key markets, many other destinations continued to post strong growth, opening up room for this convenience-oriented processed segment in the coming quarters.
(seafood.vasep.com.vn) Favorable weather conditions in the early months of 2026 have brought encouraging signs for fisheries activities in Quang Tri. Output has grown steadily, contributing to improved livelihoods for local residents.
Entering 2026, Vietnam’s seafood industry is facing a period of both high expectations and mounting pressures. Following the positive recovery in 2025, production and export activities in Q1/2026 demonstrated the strong adaptability of Vietnam’s seafood business community amid continued global trade volatility, intensifying international competition, and increasingly stringent compliance requirements in import markets.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s shrimp exports reached USD 1.069 billion, up 17.5% compared to the same period in 2025. This is a positive result amid an uneven global shrimp market recovery, intensifying competition among major suppliers, and continued volatility in the international trade environment. However, this growth does not reflect a broad-based recovery across the entire sector, but rather is driven mainly by strong performance in a few markets and specific product segments—most notably lobster exports to China.
(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.
(seafood.vasep.com.vn) In Quang Ngai Province, shrimp farming costs are rising sharply due to लगातार increases in feed, fuel, and input material prices, while farm-gate shrimp prices are declining. This has significantly reduced farmers’ profit margins and increased production risks.
(seafood.vasep.com.vn) Vietnam’s tilapia exports are experiencing impressive growth, reflecting expanding global demand as well as the sector’s development potential. However, behind the strong growth figures lie limitations in production capacity and supply chains, highlighting the need for sustainable development in the coming period.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to the Middle East in 2025 and early 2026 have shown notable growth. However, escalating geopolitical tensions in the region have increasingly impacted export activities since March. This situation presents a challenge of balancing market expansion opportunities with rising trade risks.
(seafood.vasep.com.vn) The Quang Tri Department of Agriculture and Environment has instructed localities to base their stocking schedules on actual conditions in each farming area, while developing plans, allocating resources, and implementing synchronized measures for disease prevention and disaster risk management in aquaculture production.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s exports of fish cakes and surimi exceeded USD 45 million, up 7% compared to the same period in 2025, indicating a positive outlook for this product segment amid recovering demand in many markets.
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