Fluctuating seafood prices, exports face pressure from technical barriers and tariffs

News 09:05 25/07/2025
(seafood.com.vn) – While prices of rice, paddy, and coffee have dropped sharply due to supply pressure and weak demand, the seafood market is showing mixed trends. Some products like shrimp and squid have maintain stable prices thanks to demand from Asia and Europe. However, many key export items such as pangasius and tuna continue to face challenges as international purchasing slows and trade barriers increase.

In the Mekong Delta, raw shrimp prices remain high. Whiteleg and black tiger shrimp (20–30 pieces/kg) are ranging from 110,000 to 160,000 VND/kg. Stable prices are holding steady thanks to consistent orders from the EU and the U.S, despite signs of a slowdown in the Chinese market. However, businesses remain cautious about the second half of the year due to fluctuations in logistics costs and exchange rates, as well as tightening technical regulations in the EU.

In contrast, pangasius - one of Vietnam’s key export products - continues to face weak prices and demand. Raw pangasius prices in the Mekong Delta have dropped slightly to 30,000 - 33,000 VND/kg since early July. Demand from two major markets like the U.S. and EU has not improved and concerns are growing among exporters over the possibility of new U.S anti - dumping tariffs. Inventory levels are rising again, as current prices are not attractive enough to boost order volumes.

The ocean tuna market also remains sluggish. Frozen bigeye tuna prices in Japan - a key market - are hovering around 650 yen/kg, down around 13% from last year. Vietnam’s tuna exports are also facing difficulties as the IUU "yellow card" has yet to be lifted, causing delays or adjustments in EU orders and increasing costs.

On the other hand, squid and octopus show promising signs. The price of top - grade squid in Central Vietnam remains stable at 200,000 VND/kg, little changed from early July. Preliminary data indicates that squid and octopus export revenue reached approximately 101 million USD in Q2, up nearly 14% year-on-year, driven by recovering demand in South Korea and Japan for processed and frozen products.

Overall, seafood exports in the first half of July show signs of slowing. Fluctuating exchange rates, rising transport costs and stricter regulations on traceability, food safety and tariffs in various markets are making it difficult for businesses to sustain the export momentum seen earlier in the year. With many products facing localized oversupply, exporters are forced to restructure product lines or seek alternative markets in order to maintain output and revenue.

seafood price technical barriers tariffs

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International B2B at Vietfish 2026: Connecting Global Buyers with Vietnamese Seafood Businesses

 |  10:15 21/08/2026

(seafood.vasep.com.vn) On the afternoon of August 19, 2026, as part of the Vietnam International Seafood Exhibition – Vietfish 2026, the Hosted Buyer Program continued with the seminar “Vietnam Seafood Outlook 2026–2027: A Strategic Sourcing Destination,” followed by 1-to-1 B2B meetings between international buyers and Vietnamese seafood businesses.

U.S. Consul General Melissa Brown highlights opportunities for U.S.–Vietnam seafood cooperation at VIETFISH 2026

 |  13:29 19/08/2026

(seafood.vasep.com.vn) Speaking at the Opening Ceremony of VIETFISH 2026 on August 19 at the Saigon Exhibition and Convention Center (SECC), U.S. Consul General Melissa Brown highlighted the important role of the exhibition in connecting Vietnam’s growing seafood industry with buyers, suppliers, and partners from the United States and around the world.

Only 1 day to go: Vietfish 2026 officially opens tomorrow at SECC

 |  09:46 18/08/2026

(vasep.com.vn) Tomorrow, August 19, 2026, the Vietnam International Seafood Exhibition – Vietfish 2026 will officially open at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Taking place over three days, from August 19–21, Vietfish 2026 promises to provide a dynamic platform for business networking, trend updates, product experiences and comprehensive cooperation across the domestic and international seafood community.

Vietfish 2026: Discover the potential of Vietnamese tilapia at booth B1209

 |  17:16 14/08/2026

(vasep.com.vn) The global tilapia market continues to grow, creating significant opportunities for countries with strengths in aquaculture, processing, and exports. Against this backdrop, Vietnam’s tilapia industry is gradually developing toward higher quality, greater product diversification, and broader market reach. At Vietfish 2026, the Vietnam Association of Seafood Exporters and Producers (VASEP), together with the VASEP Tilapia Producers and Exporters Club, will host a joint booth to promote the image and potential of Vietnamese tilapia to domestic and international buyers.

Vietnam’s seafood exports near record $12 billion but hurdles mount

 |  09:40 13/08/2026

(seafood.vasep.com.vn) Vietnam’s seafood exports are heading towards $12 billion this year, potentially the highest level on record. Yet one of the country’s export strengths is facing a growing list of challenges.

Vietnam’s tilapia outlook to 2030

 |  09:34 11/08/2026

(seafood.vasep.com.vn) The first six months of 2026 indicate that Vietnam’s tilapia industry is entering a new phase of development, with strong export growth but also greater demands for production scale, quality and international competitiveness.

Vietfish 2026 – A Hub for Innovation, Connectivity, and Sustainable Growth in Vietnam’s Seafood Industry

 |  11:50 07/08/2026

(seafood.vasep.com.vn) Vietfish 2026, the Vietnam International Seafood Exhibition, will officially take place from 19–21 August 2026 in Ho Chi Minh City. As Vietnam’s largest annual seafood trade event, organized by the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietfish 2026 will once again bring together leading seafood companies, industry experts, and international partners from across the global seafood value chain.

Seafood exports stay above US$1.1 billion in July: Growth momentum likely to slow as US tariffs begin to “filter through” to orders

 |  17:09 06/08/2026

(seafood.vasep.com.vn) Vietnam’s seafood exports reached USD 1.1 billion in July 2026, up 4.8% compared to the same period in 2025. Cumulative exports in the first seven months of the year totaled nearly USD 6.86 billion, an increase of 11.5% year-on-year. Exceeding the USD 1 billion mark in July further reinforces the prospect that Vietnam’s seafood exports could surpass USD 12 billion in 2026. However, the July figures also send a clear signal that the most favorable growth period may have passed: overall export growth slowed to just 4.8%, pangasius exports fell 6.1%, tuna exports were virtually flat, while exports to the EU, South Korea, and the Middle East all recorded double-digit declines.

Vietfish 2026 Seminar: Global seafood market trends and the future workforce

 |  11:38 05/08/2026

(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the seminar "Global Seafood Market and the Future Workforce: Trends, Opportunities, and Sustainable Development Pathways for Vietnam's Seafood Industry" will take place from 2:00 p.m. to 4:15 p.m. on August 19, 2026, at Convention Room B, Level 2, SECC, Ho Chi Minh City. This is the first of five specialized seminars at Vietfish 2026, focusing on key issues that are shaping the long-term development of Vietnam's seafood industry.

Creating momentum for double-digit growth

 |  08:45 30/07/2026

(seafood.vasep.com.vn) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.

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