Quarter I/2021: Marine product exports surged thanks to surimi, canned fish, and dried fish

Surimi 08:09 27/04/2021 Lê Hằng
(seafood.vasep.com.vn) According to statistics of Vietnam Customs, in the first quarter of 2021, Vietnam seafood export reached 1.73 billion USD, up by 7% over the same period last year. In particular, the marine products accounted for a dominant proportion with 42% and an outstanding growth of 11% with a turnover of 728 million USD, surpassing shrimp (661 million USD, up by 5%) and pangasius (331 million USD, up by 3%).

Marine product exports surged thanks to surimi, canned fish, and dried fish

It is noteworthy that in the total marine product export value in the first 3 months of this year, there were 76% of turnover from marine fish products, of which tuna accounted for 21%, other marine fish accounted for 55%. Exported cephalopod products accounted for 16%, crab with 4.4%, and bivalve mollusk with 3.4%. In general, except for crab decreasing by nearly 4%, exports of main marine products  increased: tuna up 3%, other marine fish by 14.4%, octopus squid by 8%, bivalve mollusk by 26%.

Exports of surimi, canned fish, fish sauce and dried seafood have grown strongly

There are a number of product lines from marine fish having impressive growths in exports, significantly contributing to seafood exports in the first quarter of 2021. First of all, surimi products with 83 million USD, up by 33%, accounted for 11.5% of marine product exports (4.8% of total seafood exports). Top 4 markets that dominate the majority of Vietnam's surimi exports include Korea (27%), Thailand (25%), Russia (10%) and Japan (10%).

Dried fish exports (except tuna) also saw a breakthrough, up by nearly 70% to 48.3 million USD, accounting for 6.6% of the total marine product export. The Chinese market alone consumes about 45% of Vietnam's dried fish exports, followed by South Korea with 13.4%. Russia, Japan, and Malaysia are also in the top 5, accounting for 12%, 8.5% and 7.4% respectively.

Canned marine  fish (excluding tuna) increased 31% to 20.3 million USD, other processed marine  fish increased by 22% to 72 million USD, accounting for 10% of marine product export. Canned tuna exports also increased by 14% to $45 million. Top 3 markets that consume the most canned fish from Vietnam include Japan (25%), Thailand 24%, America 24%. Notably, our neighbor Cambodia is ranked 4th and accounts for over 10% of Vietnam's canned fish exports in the first quarter.

In addition to marine fish, in the dried product segment, markets also increase the import of dried squid and dried marine shrimp from Vietnam. Therefore, the export of dried squid in the first quarter of 2021 increased by 32% to 28 million USD, accounting for 3.8% of marine product exports, dried shrimp exports nearly doubled over the same period in 2020, reaching 7.4 million USD.

The export of fish sauce and all kinds of seasoned fish sauce also increased by 33%, reaching $7.6 million. Frozen octopus exports increased by 16% and accounted for 6.6% of marine product exports.

Covid continues to influence exports of frozen fish fillets and squid

The export of fillet products or meat from marine fish (except tuna) also accounted for a high proportion in the total seafood export, with over 15%, but in the first 3 months of this year only slightly increased by 0.3%, reaching over 111 million dollars. For this product line, the majority (about 60% of the value) is from imported raw materials for export production or processing for export, so export business is affected more in the first quarter of this year when transportation costs increased and there was a lack of containers for import and export ...

In addition, some product lines continued to decline in sales, such as fresh/frozen marine fish down by 26.5%, processed tuna down by 5%, loin/fillet down by 3%, frozen squid down by 8%, processed octopus decreased by 22% ... This is considered a trend of decreasing demand in the context of Covid for high-priced product lines.

marine products seafood exports

TIN MỚI CẬP NHẬT

Strengthen control over fishing vessels and trace the origin of harvested seafood.

 |  09:34 21/07/2026

(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.

Tilapia Exports Surge but Begin to Slow in June

 |  14:45 20/07/2026

(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.

Sa Giang Honored with "Famous Brand - Competitive Vietnamese Brand 2026" Certification

 |  14:48 18/07/2026

(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).

China has become the largest importer of Vietnamese seafood.

 |  12:47 17/07/2026

(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.

International Seafood Hosted Buyer Program at Vietfish 2026: Connecting Global Buyers with Vietnam's Value-Added Seafood Supply Hub

 |  17:35 16/07/2026

(seafood.vasep.com.vn) As part of Vietfish 2026, the International Seafood Hosted Buyer Program has been designed as a dedicated B2B matchmaking initiative for selected international buyers. The program provides opportunities to meet directly with Vietnamese seafood companies, gain market insights, and experience Vietnam's seafood supply chain firsthand.

Sustainable seafood solutions: ESG vision & net zero commitment at Vietfish 2026

 |  08:45 16/07/2026

(seafood.vasep.com.vn) A Story from Cà Mau’s Coast It’s 5 AM in Cà Mau. Minh, a third-generation fisherman, is ready to set sail. But unlike his father and grandfather, his boat no longer runs on an old diesel engine that burns fuel and clouds the sky with smoke. Instead, it’s powered by a hybrid engine that saves 40% fuel—funded by an ESG program from a major seafood exporter.

Pangasius industry shifts from volume growth to value creation

 |  10:21 14/07/2026

(seafood.vasep.com.vn) Vietnam's pangasius industry is shifting its focus from increasing production volume to enhancing value-added products in order to meet the increasingly stringent requirements of export markets. In An Giang Province—the country's leading hub for pangasius farming and processing—businesses and farmers are prioritizing product quality, traceability, food safety, and sustainable development rather than expanding output.

Vietnamese tuna maintains momentum in Sweden, but the market Is becoming more unpredictable

 |  08:55 12/07/2026

(seafood.vasep.com.vn) Following strong growth in 2025, Vietnam’s tuna exports to Sweden continued to edge higher during the first five months of 2026. However, the picture is far from straightforward. Orders have fluctuated significantly from month to month, indicating that this market remains cautious, with purchasing decisions closely tied to actual demand and the import cycles of Nordic distributors rather than to a steady upward trend.

China’s rising shrimp imports: Expanding opportunities amid intensifying competition

 |  08:56 10/07/2026

(seafood.vasep.com.vn) China’s shrimp imports in the first five months of 2026 continued to surpass the same period in 2025, indicating that demand in the world’s largest seafood-consuming market remains strong. However, behind the growth figures lies an increasingly competitive landscape: Ecuador dominates the competitively priced whiteleg shrimp segment, India remains the second-largest supplier, while Vietnam stands out in the lobster segment but still needs to strengthen its advantages through quality, traceability, and reliable supply.

Lobster is on its way to becoming a billion-dollar commodity.

 |  08:18 08/07/2026

(seafood.vasep.com.vn) Lobster exports to China continued to surge in the first half of this year, putting the lobster industry on the verge of reaching an export value exceeding $1 billion.

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

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC