Vietnam’s tilapia exports to other markets have shown a downward trend in the past 5 years. In 2023, Vietnam's tilapia exports reached over 6 million USD, down 42% compared to 2022 and down 70% compared to 2019.
The United States has been the largest consumer of Vietnamese tilapia for the past 4 years since 2019. However, in 2023, tilapia exports to the US fell sharply and reached only nearly 1 million USD, down 71% compared to 2022 and down 75% compared to 2019. In the past 5 years, the export value of tilapia to the US recorded the highest value of over 7 million USD in 2021, an increase of 2.5 times compared to 2020.
Besides the US, other countries such as the Netherlands, Italy, Japan, South Korea, and Thailand are the largest importers of tilapia from Vietnam. In 2023, tilapia exports reached over 6 million USD. The EU was the largest consumer market, with 2 million USD, the Netherlands accounted for nearly half of total Vietnamese tilapia exports to the EU. Following was the US.
Brazil recently announced a ban on imports of tilapia products from Vietnam due to concerns about a virus. However, the export value of Vietnamese tilapia to Brazil is not much. According to statistics from Vietnam Customs, tilapia exports to Brazil in the past 5 years have been almost non-existent. Brazil mainly imports basa fish from Vietnam. Up to 90% of the seafood that this country buys from Vietnam is basa fish. Therefore, the impact of Brazil's decision to ban imports of Vietnamese tilapia does not affect Vietnamese businesses too much. However, this can be seen as an initial barrier for Vietnamese tilapia products, and could lead to other seafood products in the Brazilian market.
After the ban on importing tilapia to this South American country, businesses can switch markets. Frozen tilapia is a popular product with American consumers. However, Vietnamese tilapia in the US finds it difficult to compete with Chinese tilapia, as the average price in Vietnam is much higher despite the downward trend. China is the world's largest supplier of tilapia and also the largest supplier to the US.
(seafood.vasep.com.vn) After two consecutive years of decline, Vietnam’s fish cake and surimi exports rebounded in 2025. Export turnover of this product group exceeded USD 344 million, up 15% year-on-year compared with 2024 and 13% higher than 2023, although still below the peak level recorded in 2022.
(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(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.
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