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
(searfood.vasep.com.vn) Vietnam’s tilapia exports continued to post positive results in the first eight months of 2026, with total export value reaching US$90 million, up 43% year-on-year. However, exports in August alone stood at US$11 million, down 8%, reflecting uneven market developments. Brazil remained the leading market, while Japan recorded notable growth, opening up new opportunities for Vietnamese tilapia products.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.3 billion in the first eight months of 2026, up 12% year on year. However, growth has begun to slow and become more differentiated across markets, while the U.S. and EU continue to present significant challenges. The latest insights from the Global Shrimp Forum 2026 (GSF 2026), held in early September, also indicate that the final months of the year will remain highly competitive as global supply continues to expand and buyers increasingly focus on quality, product specifications, supply stability and the ability to meet market-specific demand.
(seafood.vasep.com.vn) In August 2026, Vietnam’s seafood exports reached $1.14 billion, up 6% year on year. Cumulative eight-month exports rose 11.8% to $8.00 billion, though momentum has cooled compared to the 12.8% growth seen through July. China - Hong Kong and ASEAN are offsetting weakness in the U.S, EU and partly Japan. This divergence will likely widen in Q4 as trade tariffs and traceability requirements directly weigh on new orders.
(seafood.vasep.com.vn) Vietnam–Russia relations are entering a new phase of cooperation, with a focus on expanding trade, investment and economic connectivity. Against this backdrop, tuna is emerging as one of the seafood products with significant growth potential in the Russian market. Export data for the first seven months of 2026 show strong growth in Vietnamese tuna exports to Russia. However, turning this momentum into sustainable market share will require businesses to address challenges related to logistics, payment and supply competition.
(seafood.vasep.com.vn) Vietnamese tilapia is moving into a higher-value segment as brackish-water farmed fish from the Mekong Delta is now being processed for sashimi and exported regularly to Japan.
(seafoo.vasep.com.vn) Ca Mau Province is stepping up efforts to protect aquatic resources and promote transparent and sustainable fisheries, joining the country’s efforts to have the European Commission (EC) remove its “yellow card” warning for illegal, unreported and unregulated (IUU) fishing.
(vasep.com.vn) Vietnam has strengthened its position in China’s massive seafood market, becoming the largest lobster supplier while maintaining a dominant share of the country’s imported pangasius.
(vasep.com.vn) Vietfish 2026 was more than just a larger exhibition space. Through B2B meetings, booth discussions, production-chain visits and post-show feedback, businesses and buyers found something more concrete: suitable suppliers, processing capabilities, technology solutions, new markets and a foundation for building long-term trust and partnerships.
(vasep.com.vn) Vietnam’s tilapia exports to the United States declined significantly in the first seven months of 2026. Cumulative export value reached US$18 million, down 42% from the same period in 2025. In July alone, exports amounted to just US$2 million, plunging 70%, indicating a clear slowdown in import demand from the US market.
(vasep.com.vn) At the seminar “Global Seafood Markets and the Future Workforce: Trends, Opportunities and Directions for the Sustainable Development of Vietnam’s Fisheries Sector,” held as part of VIETFISH 2026, Ms. Shirlene Maria Anthonysamy, Fisheries Officer (Markets) and GLOBEFISH Coordinator at the Food and Agriculture Organization of the United Nations (FAO), presented initiatives aimed at promoting youth participation in fisheries and aquaculture.
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
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