According to statistics from the World Trade Center (ITC), Canada imported tuna from more than 43 countries around the world in 2023, reaching 214 million USD. In particular, Thailand, Italy, Vietnam, the USA, Mexico, Indonesia, Ecuador, Sri Lanka, and the Philippines are the 9 largest tuna suppliers in this market, accounting for 95% of the total import value.
In 2023, Canada's tuna imports from major suppliers decreased compared to the previous year.
Currently, Thailand's tuna products are dominating the Canadian tuna market, with a proportion of up to 52% of the total tuna import turnover of this market. Therefore, to avoid being too dependent on tuna supplies from Thailand companies, in recent years Canadian importers have tended to reduce imports from this country. And Canada is increasingly expanding its tuna supply from other countries, such as Vietnam, Indonesia, or Ecuador.
Vietnam's tuna exports to Canada in recent years
Vietnam's tuna exports to Canada from 2019 to 2022 were increasing. In 2023, due to the impact of economic inflation, exports declined. But overall, export turnover in the past 5 years increased from 21 million USD in 2019 to nearly 34 million USD in 2023, an increase of 57%.
Canada imports a lot of processed and canned tuna from other countries, accounting for more than 80% of the total import value. Since the CPTPP Agreement took effect, exports of canned tuna products with the HS code 16 from Vietnam to Canada have increased significantly. The export turnover of this product group increased from 8 million USD to nearly 15 million USD in the past 5 years. However, Vietnam's market share is still small, only about 13%, while Thailand is 52% and Italy is 15%.
On the contrary, in the frozen tuna meat/loin segment (HS code 0304) in Canada, Vietnam is leading with a market share of about 46%. Currently, the main competitors with Vietnam for products of HS code 0304 are Indonesia and Ecuador. However, Canadian demand for products in this product group has not increased much. The CPTPP Agreement does not have a significant immediate impact on Vietnam's export growth of product groups under HS code 0304.
(seafood.vasep.com.vn) On December 12, 2025, the Vietnam Association of Seafood Processing and Export (VASEP) issued document 231/CV-VASEP regarding strengthening measures to combat IUU fishing and working with the Government to lift the EC's IUU yellow card warning.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
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