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) In March 2026, Vietnam’s tilapia exports recorded strong growth, reaching USD 15 million, up 109% compared to the same period in 2025. Cumulatively, in the first three months of 2026, export value reached USD 38 million, an increase of 174% year-on-year. This result highlights the sector’s robust expansion and reflects rapid growth across multiple markets.
(seafood.vasep.com.vn) In March 2026, Vietnam’s pangasius export value reached USD 182 million, up 1% compared to the same period in 2025. Cumulatively, exports in the first three months of 2026 totaled USD 514 million, an increase of 17% year-on-year, indicating that the growth momentum is being maintained despite signs of slowdown in some markets during March.
(seafood.vasep.com.vn) During peak heat periods, farmers raising pangasius, tilapia, and other freshwater fish in Dong Thap are implementing various technical measures to reduce risks and maintain stable production.
(seafood.vasep.com.vn) Japan continues to be one of Vietnam’s most important and stable shrimp markets. In recent years, shrimp exports to this market have fluctuated in line with Japan’s broader economic and consumption cycles, yet Japan remains a major, high-value destination with stringent standards.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain increased by 13% compared to 2024. This growth trend has continued into the first two months of 2026. According to Vietnam Customs statistics, export turnover to this market reached nearly USD 3 million in January–February 2026, up 101% year-on-year and significantly higher than the same period in 2024. This development indicates that Spain is once again becoming a notable destination for Vietnamese tuna amid strong demand for tuna raw materials and products in Europe.
(seafood.vasep.com.vn) The 2026 brackish water shrimp farming season in the Mekong Delta has started earlier than usual, mainly driven by positive market signals, as shrimp prices in 2025 remained high and supply was limited. Many enterprises and farms in Cần Thơ, Cà Mau, and Vĩnh Long have proactively stocked early to seize opportunities. By early 2026, stocking areas in many localities had reached a high proportion of planned targets, with intensive and high-tech farming models expanding rapidly.
(vasep.com.vn) Vietnam’s tilapia exports to the United States recorded remarkable growth in 2025, opening up major opportunities while also presenting considerable challenges. The U.S. remains the largest importer of Vietnamese tilapia fillets, with export turnover reaching USD 40 million—an increase of up to 499% compared to 2024. This impressive growth reflects strong demand in the U.S. market, as supply from competing countries such as China has been constrained by tariffs and rising production costs.
(seafood.vasep.com.vn) Pangasius remains a strategic export commodity in Vietnam’s seafood sector. Entering 2026, the industry faces a strong need to transition from volume-based growth to a value-driven development model, with a focus on quality, food safety, and sustainability.
(seafood.vasep.com.vn) Following damage caused by Storm No. 13 in late 2025, brackish water shrimp farming in Gia Lai is being rapidly restored. In key farming areas such as Tuy Phước and Tuy Phước Đông, farmers are focusing on rehabilitating ponds, repairing infrastructure, and treating the environment in preparation for the 2026 crop.
(seafood.vasep.com) Facing the decline in fishery resources, Vietnam is accelerating livelihood transitions for fishermen to reduce fishing pressure and move toward sustainable development. Marine fish stocks have dropped significantly from 4.82 million tons in 2000–2005 to 3.95 million tons in 2016–2020.
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