Seafood exports in March is estimated at about US$447 – US$450 million, down 17-18 percent against the same month in 2012 due to decreasing demand from importers and lack of raw material.
Domestic shrimp producers are facing shortage of raw shrimp caused by diseases and
Shrimp exports are estimated to reduce by 10 percent to US$160 million in March and by 7.9-8 percent to US$400 million in the first three months of the year.
Exports of pangasius saw a year-on-year decrease of 13 percent to US$140 million in March, driving down total pangasius export earnings in the first quarter to US$393 million, a fall of 7.6 percent from a year ago. Pangasius exporters are still confronting with difficulties in capital and importing markets. They also suffer from low average fish price and technical barriers imposed by main importing markets.
Tuna exports rose to US$145 million in first 3 months of 2013, up 12 percent compared to the same period of last year, but down 16 percent in March. Despite positive tuna catching in the first months of the year, processors still lack tuna eligible for export. Many fishermen tend to shift to catch tuna by pole and line (to cut down costs and raise productivity). This fishing method slashed tuna’s quality. The trend is likely to continue in coming months, resulting in decline in tuna production for exports.
Marine finfish sales decreased by 28 percent to over US$60 million in last month, resulting in a 9 percent drop in Jan – Mar. Cephalopod exports saw a sharp decrease of 34 percent and 22 percent in March and the first quarter, respectively. Cephalopod exports in QI reached over US$100 million.
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|
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|
PRODUCTS |
Feb 2013 |
Mar 2013 (Est.) |
Compared to Mar 2012 (%) |
QI/2013 (Est.) |
Compared to QI/2012 (%) |
|
Shrimp (HS code 03 and 16) |
93.203 |
159.480 |
-10.6 |
401.743 |
-7.9 |
|
including: - Whiteleg shrimp |
35.836 |
60.072 |
+2.7 |
152.301 |
+4.1 |
|
- Blacktiger shrimp |
50.188 |
85.284 |
-13.1 |
211.983 |
-9.8 |
|
Pangasius (HS code 03 and 16) |
90.213 |
139.784 |
-13.2 |
393.264 |
-7.6 |
|
Tuna (HS code 03 and 16) |
50.627 |
46.724 |
-16.0 |
145.225 |
+12.0 |
|
including: - Tuna (HS code 16) |
13.840 |
19.238 |
+11.8 |
52.274 |
+38.3 |
|
- Tuna (HS code 03) |
36.787 |
27.486 |
-28.5 |
92.951 |
+1.1 |
|
Other finfish (HS code 0301 to 0305 and 1604, ex. tuna and pangasius) |
34.111 |
60.364 |
-28.2 |
166.232 |
-8.8 |
|
Mollusk (HS code 0307 and 16) |
19.391 |
35.432 |
-34.3 |
101.590 |
-22.0 |
|
including: - Octopus and squid |
14.719 |
29.072 |
-37.3 |
83.719 |
-26.1 |
|
- Bivalve mollusk |
4.672 |
6.156 |
-19.2 |
17.313 |
+2.7 |
|
Crab, swimming crab and other crustacean (HS code 03 and 16) |
3.983 |
4.904 |
-34.5 |
17.175 |
-16.0 |
|
TOTAL |
291.858 |
446.688 |
-17.4 |
1225.229 |
-7.5 |
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
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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