Among EU countries, Portugal is also an important tuna market, known for its high per capita fish consumption, with a strong preference for canned tuna and fresh/ frozen tuna. Portugal’s canned tuna industry dates back to the 19th century, with Vila Real de Santo António being a key destination for the development of both the fishing and canning sectors.
Portugal’s tuna processing industry relies heavily on imported skipjack and yellowfin tuna loins for processing. Consequently, the country imports sustainable quantities of frozen tuna meat/ loins (HS0304) and frozen steamed tuna loins (HS16) from various countries, including VietNam. According to Vietnam Customs data, these two product groups dominate Vietnam’s exports to Portugal, with frozen steamed tuna loins accounting for over 81% of export value in 2024.
In the Portuguese market, Vietnam is the second-largest non-EU tuna supplier after Ecuador in the first three months of 2025. Portugal’s tuna imports from Ecuador and Vietnam are increasing, while imports from China are declining.
Since the US-China trade war, China has increased its tuna exports to the EU, intensifying competition in this market. However, Vietnam’s tuna products have gained a competitive edge since 2024, reflected in the continuous growth of export turnover.
Strengthened trade cooperation between Vietnam and Portugal, coupled with maximized benefits from the Vietnam-EU Free Trade Agreement (EVFTA), has fueled Vietnam’s tuna exports to Portugal.
However, businesses warn that sustaining this growth is challenging. The domestic tuna raw material supply, already insufficient, is becoming scarcer due to regulatory issues and obstacles in certification and verification processes, which are hindering export growth.
(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.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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