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.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
(vasep.com.vn) Changing markets, shifting buyer demand, and increasingly complex trade barriers are raising a key question for Vietnam’s seafood industry: Where will the new growth opportunities lie in 2027–2029?
(seafood.vasep.com.vn) As of the end of August 2026, Vietnam’s tilapia exports to the United States reached $21 million, representing a steep 48% year-over-year decline and accounting for 23% of the country's total tilapia export turnover. Frozen fillets accounted for 78% with the remainder consisting of whole frozen tilapia and frozen cuts.
(seafood.vasep.com.vn) After a volatile first half of the year, Vietnam’s pangasius exports to Brazil registered robust growth in July and August 2026. In August alone, export turnover reached $19 million, surging 73% compared to the same period in 2025. Cumulatively for the first eight months, total export value reached $124 million, reflecting an 8% year-over-year increase.
(seafood.vasep.com.vn) Besides modifying their boats, many fishermen in Dak Lak province are making efforts to venture out to sea to harvest seafood during the rough sea season.
(seafood.vasep.com.vn) At the Responsible Seafood Summit and TCRS Shrimp Summit 2026, organized by the GSA (Global Seafood Alliance) in Bangkok, Thailand, the conversation about the future of the shrimp industry began with one of its most important foundations: seedstock quality.
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