In the first 2 months of the year, Vietnam's cephalopod exports continued to be dominated by the changing consumption trends in the context of a serious Covid epidemic. Accordingly, the demand is still more focusing on products that are reasonably priced, easy to process, with a long self stable, suitable for processing and consumption at home such as: dried squid, dried octopus, frozen octopus ... In addition, the Tet holiday also caused a decline in raw materials supply and rising sea freight hit the export value of cephalopod.
Top 10 single import markets of Vietnam cephalopod in the 2 months were Korea, Japan, Thailand, China and Hong Kong, Italy, USA, Australia, Malaysia, Philippines and Taiwan respectively, accounting for 93% of Vietnam's total exports of cephalopod.
China, EU and the US tend to increase imports of Vietnamese cephalopod. In particular, exports to China grew the most, up 162% over the same period in 2020, exports to the EU were up 17% and to the US were 18% higher.
The main export products of Vietnam during this period were frozen octopus, frozen squid and dried squid. In which, the export value of frozen octopus and dried squid soared over the same period.
In the first two months of 2021, there were more than 200 Vietnamese enterprises exporting cephalopod. In which, the 3 companies with the largest export value are S.RUAM Vietnam Co., Ltd; Huy Nam Seafood Co., Ltd and Hop Tan Seafood Corp.
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Top 10 Vietnam’s cephalopod exporters in Jan-Feb 2021 |
|
|
No |
Company |
|
1 |
S.RUAM VIETNAM COMPANY LIMITED) |
|
2 |
HUY NAM SEAFOODS CO.,LTD |
|
3 |
HOP TAN SEAFOOD IMPORT - EXPORT CORPORATION |
|
4 |
KIHUSEA VN |
|
5 |
KIEN CUONG SEAFOOD |
|
6 |
MAI LINH CO.,LTD |
|
7 |
MINH DANG CO.,LTD |
|
8 |
HAI VIET CORPORATION |
|
9 |
PHU QUY CO.,LTD |
|
10 |
BASEAFOOD CO.,LTD |
(seafood.vasep.com.vn) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.
(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.
(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.
(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.
(seafood.vasep.com.vn) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
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