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 |
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(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 - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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