The export value of seafood in the first 2 months of 2022 reached 1.5 billion USD, up 51%; pangasius particularly registers a strong growth rate of over 83% while that of shrimp is over 34%... The Vietnam Association of Seafood Exporters and Producers (VASEP) also claimed that seafood production and processing has almost recovered to normal as before the pandemic.
Market demand is extremely high, and businesses are inundated with orders. Because of the increase in domestic price of raw materials, farmers, fishermen, and businesses are actively producing and anticipating a prosperous year.
Hung Ca Co., Ltd. claimed that it had four frozen seafood processing plants with a processing capacity of 600 to 1,200 tons of raw fish per day to quickly recover production and sales after the COVID-19 pandemic. The firm now has a raft of orders and is making efforts to delivery on schedule.
From the first month of the year, shrimp exports rose by 43% on the corresponding period in 2021. Among exported shrimp products, the export value of processed black tiger shrimp experienced the most significant surge with 157%. The three largest shrimp import markets of Vietnam, including the US, Japan and the EU, all recorded optimistic growths.
As for Vietnam's largest shrimp import market which is the US, the good growth in this market has allowed Vietnam to maintain its 4th rank among the main shrimp suppliers for the US.
According to VASEP, despite the substantial increase in inflation in the US, shrimp demand is anticipated to surge this year as a result of US's economic stabilization policies. Not only shrimp, the US also promotes import of aquatic products from Vietnam such as: pangasius, especially tuna which increased more than 3 times.
Intensive shrimp farming area in Vietnam currently covers over 740,000 ha; with annual yield of over 900,000 tons/year. In particular, Vietnam's black tiger shrimp output surpassed 250,000 tons, ranking first in the world. Although shrimp area expanded by jusst about 1.5% per year, shrimp production increased sharply by 10%/year.
This factor proves the ongoing progress of the farming process, with a substantially larger output than previously. The prosperous market and sufficient production capacity will help Vietnamese shrimp products continue to affirm their position in other countries.
After 3 years of low prices, the price of raw pangasius has now reached from VND 27,000 - 30,000/kg. Currently, pangasius enterprises in the Mekong Delta are unable to meet orders delivery time.
Along with that, pangasius production in the chain has exceeded 87% and 100% of the farming area has been granted a code to aid in traceabikity, which will be an advantage for pangasius to quickly reach $ 2 billion this year.
According to Ms. To Thi Tuong Lan, Deputy General Secretary of VASEP, the major import markets of Vietnamese pangasius are seeing strong growth and high pricing. Pangasius exports in 2022 are forecasted to increase by 20-25% as compared to 2021.
Not only shrimp or pangasius, many other kinds of seafood including squid, octopus, crab, crab .... all recorded double-digit growth.
According to Mr. Ho Quoc Luc, Chairman of the Board of Directors of Sao Ta Food Joint Stock Company (Fimex VN), the market in 2022 will be largely determined by the COVID-19 pandemic situation.
Compiled by Khanh Linh
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
(seafood.vasep.com.vn) In 2025, the fisheries sector continued to stand out as a bright spot in Ca Mau’s economic landscape, maintaining positive growth in both output and value.
(seafood.vasep.com.vn) By the end of November 2025, Vietnam’s total pangasius export turnover had exceeded the $2 billion threshold, registering a 9% compared with the same period in 2024. In November alone, pangasius exports reached $195 million, also posting a 9% increase year-on-year, underscoring a stable recovery trajectory for the sector in the final months of the year.
Building on over three decades of trusted leadership, VASEP is proactively shaping a Dynamic Knowledge Ecosystem where data is transformed into actionable value and forward-looking insights for the business community
(seafood.vasep.com.vn) An Giang is focusing on expanding climate-adaptive marine aquaculture models, aiming for safe and sustainable production. This approach not only enhances economic efficiency but also helps fishermen stabilize their livelihoods amid weather fluctuations.
(seafood.vasep.com.vn) In the first 10 months of 2025, Vietnam’s pangasius export value to China (including Mainland China and Hong Kong) reached $483 million, up 1% compared to the same period in 2024. October alone posted $73 million, a strong 19% increase year-on-year. The Chinese market currently accounts for nearly 27% of Vietnam’s total pangasius export value.
(seafood.vasep.com.vn) According to data from Vietnam Customs, the country’s lobster exports posted another strong month in October 2025, reaching $93 million - a 75% increase from the same month in 2024. This performance extends the sector’s impressive growth streak from earlier in the year, pushing cumulative exports for the first 10 months to $712 million, up an extraordinary 135% year-over-year. Within the product mix, green lobster remained the dominant driver, accounting for 98% of total export value, with $700 million recorded in the first 10 months - a 141% jump year-on-year. In contrast, exports of spiny lobster and other lobster varieties declined slightly by 22% and 1%, respectively, indicating that market demand is becoming increasingly concentrated on the most sought-after product line.
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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