Accordingly, in February 2021, Vietnam exported seafood to 104 markets around the world, while in February 2020, Vietnam exported to 115 markets.
Top 10 single markets with the highest seafood import turnover from Vietnam in February include the US, Japan, Korea, China, Canada, Australia, Thailand, UK, Russia and the Netherlands, accounting for 75.4% of total seafood exports from Vietnam.
In February 2020, Hong Kong and Singapore were both in the top 10 seafood import markets of Vietnam, but in February this year, exports to these two markets fell sharply, down by 64% and 83% respectively, so they fell far behind from the top 10. Instead, it is now the Russian reposition with a 57% increase in imports from Vietnam and the upgrade of the Dutch market, although exports to this market decreased by 14%.
Exports to the US market are still leading, after increasing by 25% in January, continuing to increase by nearly 10% in February, while exports to Canada continued to break through with an increase of 31% in February, becoming the 4th largest market (accounting for 4.6% of Vietnam's seafood exports this month, just behind the US (21%), Japan (7.8%), South Korea (9.2%) and China (8.3%).
Notably, there was the spectacular return of China with a 114% increase in imports in February, after a 10% decline in January. This recovery brings optimism to seafood exports in the following months.
In addition, exports to the UK and many other markets also increased sharply in February 2021. Exports to the UK increased by 8%, to Italy by 123%, to Israel by 38%, to Peru by 111%.
The export results in February continued to show the positive impact of the CPTPP and EVFTA agreements on Vietnamese seafood, as exports to the majority of countries participating in the agreements maintained positive growths compared to the same period last year.
|
Top 10 seafood import markets of Vietnam, Feb 2021 (million USD) |
|||
|
No |
Markets |
Feb 2021 |
Change vs Feb 2020 (%) |
|
1 |
The US |
87.372 |
9.6 |
|
2 |
Japan |
74.070 |
-23.7 |
|
3 |
South Korea |
38.527 |
-16.4 |
|
4 |
China |
34.395 |
113.9 |
|
5 |
Canada |
19.262 |
30.8 |
|
6 |
Australia |
15.610 |
-66.1 |
|
7 |
Thailand |
15.235 |
-7.0 |
|
8 |
The UK |
12.398 |
8.0 |
|
9 |
Russia |
9.171 |
56.8 |
|
10 |
The Netherlands |
8.378 |
-14.4 |
Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.
(seafood.vasep.com.vn) As geopolitical tensions in the Middle East continue to escalate, the global food market is facing increasing volatility in logistics costs, energy prices, and supply chains. In the seafood sector, alongside ocean-caught products such as tuna, the surimi-based product group—including fish cakes, crab sticks, fish balls, and other imitation seafood products—has also been affected to some extent by these developments.
(seafood.vasep.com.vn) According to the 2026 brackish-water shrimp farming calendar issued by the Da Nang Department of Agriculture and Environment, the 2026 crop started in early January and is expected to harvest in late June. However, stocking progress has been slower than planned as farmers remain cautious, focusing on pond renovation and production preparations.
(seafood.vasep.com.vn) After the Lunar New Year of Binh Ngo 2026, commercial clam prices in Ha Tinh province surged sharply, nearly doubling compared to normal levels and standing about 20–30% higher than the same period last year. The spike has encouraged many aquaculture households to accelerate harvesting and sell large volumes to the market.
(seafood.vasep.com.vn) In January 2026, Vietnam’s shrimp exports reached USD 379.6 million, up 22% compared to the same period in 2025. The double-digit growth in the very first month of the year signals a relatively positive recovery in orders, particularly in Asian markets.
(seafood.vasep.com.vn) From the very beginning of 2026, India’s shrimp industry has received a series of favorable trade signals: U.S. reciprocal tariffs have been reduced, while the successful conclusion of a Free Trade Agreement (FTA) with the EU has opened prospects for eliminating nearly all seafood tariffs in the coming years. This shift not only enables Indian shrimp to quickly offset declines in the U.S. market, but also reshapes the global competitive landscape, placing greater pressure on Vietnamese shrimp exporters in terms of price, market share, and strategic positioning.
(seafood.vasep.com.vn) Entering 2026, Vietnam’s pangasius industry is recording many positive signals, both in terms of raw fish prices and export prospects. Export turnover this year is projected to reach approximately USD 2.3 billion. Amid ongoing volatility in the global market, diversifying export destinations, reducing dependence on major markets, and effectively leveraging free trade agreements (FTAs) are considered key to maintaining sustainable growth and creating new momentum for the pangasius sector.
(seafood.vasep.com.vn) With forecasts indicating that weather conditions in 2026 may become more complex—featuring prolonged heatwaves, unseasonal rains, and increased salinity intrusion—the agricultural sector of Can Tho City advises brackish water shrimp farmers to strictly follow the seasonal farming calendar and strengthen pond environmental management to minimize risks and improve production efficiency.
(seafood.vasep.com.vn) On February 4, a working delegation led by the Authority of Telecommunications (Ministry of Science and Technology) met with the Management Board of Cat Lo Fishing Port (Phuoc Thang Ward, Ho Chi Minh City) to comprehensively review the installation of Vessel Monitoring Systems (VMS), assess signal connectivity, and evaluate the effectiveness of information technology applications in fisheries management across the city.
(seafood.vasep.com.vn) The year 2025 marked a significant milestone for China’s lobster market, with total imports reaching a record high and the supply structure undergoing major changes. Amid this surge, Vietnam’s lobster exports—especially green lobster—accelerated dramatically, reaching new highs and contributing substantially to Vietnam’s overall record shrimp export value.
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