By the end of February 2024, lobster exports had reached nearly 30 million USD, an increase of 1,746% compared to 1.6 million USD in the same period last year. Of which, scalloped spiny lobster (panulirus homarus) exports accounted for more than 90% with 27.6 million USD, an increase of 80 times, followed by ornate spiny lobster reaching 2.15 million USD, an increase of 45 times over the same period.
China is still the largest import market for Vietnamese lobster products, with a value of nearly 29 million USD, 27 times higher than the same period last year. Since October 2023, China stopped importing Vietnamese ornate spiny lobsters because of regulations related to the country's Wildlife Protection Law. To export ornate spiny lobsters to China, businesses must prove that the shrimp seeds are not caught directly from the sea, demonstrate a clear farming process, and not use breeds exploited from the wild, meaning they must be F2 generation; importers must have a license...
On January 20, 2024, Deputy Minister of Agriculture and Rural Development Tran Thanh Nam led the Ministry's delegation to work with the people's government of Guangdong Province (China) on trade and agricultural development cooperation. Karma. In related working contents, the two sides also agreed to coordinate to handle problems in the import and export of sturgeon and ornate spiny lobster under a special mechanism and include it in the Protocol between the two countries. While waiting for the signing of the Protocol, China will consider and create a special mechanism for establishments to register to export lobster to this country.
While waiting for this special mechanism, many ornate spiny lobster farmers have switched to raising scalloped spiny lobsters. Demand for scalloped spiny lobster from China is still quite high; farmers still export live scalloped spiny lobster to this market, while only a small portion of ornate spiny lobster is exported here as frozen products.
In addition to China, Vietnam also exports scalloped spiny lobster and ornate spiny lobster to Thailand, Malaysia, and Singapore, and crayfish to the US.
(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.
(seafood.vasep.com.vn) In the first eight months of 2026, Vietnam’s tuna exports to Lithuania surpassed $14 million, up 8% year on year. While the increase remains modest, it is notable given the continued pressure on Vietnamese tuna exports to the EU as a whole. More importantly, export turnover to Lithuania has shown a clearer recovery in recent months, making the market a destination worth monitoring for Vietnamese businesses in Europe.
(seafood.vasep.com.vn) Vietnam’s squid and octopus exports exceeded $527 million in the first eight months of 2026, marking a 15% year-on-year increase. This growth is particularly notable given the strong baseline established in 2025, when export turnover for the same period reached $458 million, a 13% rise from 2024.
(seafood.vasep.com.vn) Vietnamese pangasius is gaining traction in Japan, where competitive prices and reliable supplies have helped the fish enter professional distribution channels and a major sushi chain.
(vasep.com.vn) A circular economy does not create a “new type of shrimp” or a new certification. Its value lies in helping the shrimp value chain use resources more efficiently, stabilize production, generate additional value from by-products and build the data and evidence needed to meet increasingly stringent market requirements. This was the perspective shared by VASEP at the Public-Private Partnership (PPP) Forum on Promoting a Circular Economy in the Shrimp Industry in the Mekong Delta, held in Can Tho on September 21.
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