The United States' temporary 90-day suspension of new reciprocal tariffs has created an opportunity for Vietnam's seafood exporters to restructure their market strategies, as the future of exports to the US remains uncertain, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
In the first quarter of 2025, Vietnam's seafood export turnover reached $2.45 billion, marking a 26% increase compared to the same period last year. Of this, exports to the US exceeded $500 million.
With annual seafood export value to the US estimated at around $2 billion, accounting for one-fifth of Vietnam's total seafood export value, the US is the largest market for Vietnamese seafood export.
The US is the top import market for Vietnamese shrimp and tuna and ranks as the second largest for pangasius (tra fish).
VASEP reported that over 400 Vietnamese enterprises are currently exporting or preparing to export seafood to the US market, including large, high-value orders. At present, approximately 37,500 tons of seafood products are in transit to the US, and about 31,500 tons are slated for export in the latter half of April.
"The 90-day suspension of the new tariffs provides an opportunity to expedite the export of orders, avoiding the risk of prolonged inventory build-up. The seafood industry is hopeful about the outcomes of negotiations between Vietnam and the US, aiming for a reduction of reciprocal tariff rates or their complete elimination, bringing them down to 0%. This can be considered a 'golden time' for the seafood industry to restructure its market strategy," remarked Ms. Le Hang, Deputy General Secretary of VASEP.
"This period also presents a chance for businesses to adjust their strategies, explore alternative markets and partners, and build a resilient system capable of weathering future challenges," she added.
Source: VnEconomy
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(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
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(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
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Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
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