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.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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