After a long-term decline in wild harvests, there have been some recent improvements and, in the short term, total groundfish supplies are expected to increase slightly in 2012. Supplies of farmed whitefish, including pangasius and tilapia, are not expected to grow substantially in the near future. Cod prices are expected to climb somewhat, while Alaska pollock prices will continue to decline.
Barents Sea cod stocks have improved significantly and are the largest in decades. The 2012 quota is up 8 percent over 2011, to 750 000 tonnes. At the same time, the haddock quota has increased by 5 percent, to 318 000 tonnes. However, other parts of the world have seen reductions in quotas. The 2012 quota for eastern Bering Sea Alaska pollock was reduced by 4 percent to 1.20 million tonnes, and hake resources in South America appear to be under strain.
Given the rich cod fisheries, Norwegian exporters had a good 2011, with groundfish exports reaching USD 1.9 billion, a new record. The biggest increase was in exports of frozen whole fish to China for further processing.
China’s share of the EU market for whitefish fillets has grown dramatically over the past decade, from 8 percent of cod supplies to the EU in 2001 to 30 percent in 2011. In the same period, China’s share of Alaska pollock fillets grew from 47 percent to 64 percent, and its share of the EU market for haddock fillets increased from just 3 percent to 35 percent.
A closed season for hake was introduced during the first quarter of 2012 in the Uruguay–Argentina Common Fishing Zone in order to protect juvenile stocks. In Peru, the government has imposed a strict management regime for common hake, under which the 2012 fishing season will end once the 8 600 tonne quota is reached.
Efforts to rebuild hoki stocks in New Zealand have had positive results, and enabled an 8 percent increase of the 2012 hoki quota to 130 000 tonnes. Hoki exports are mainly aimed at regional markets such as Australia and Japan.
(seafood.vasep.com.vn) The year 2025 marks the 30th anniversary of the normalization of diplomatic relations between Vietnam and the United States (1995–2025). In parallel with the nation's progress in international economic integration, bilateral seafood trade has followed a remarkably impressive growth trajectory, expanding from an initial scale of just tens of millions of US dollars to nearly $2 billion annually. This growth has positioned the United States as Vietnam’s largest seafood export market for many consecutive years.
(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.
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