Currently, Vietnam exports fish cakes and surimi products to 39 markets around the world. In which, Korea, Thailand, China, Japan, Russia, Malaysia, Belarus and Taiwan are the 8 single markets that import the most fish cakes and surimi from Vietnam, accounting for 88% of the total export value.
Korea is currently the largest import market for fish cakes and surimi of Vietnam. After a decline in Vietnam's imports of fish cakes and surimi in 2020, South Korea's imports in 2021 tend to be unstable. The export value of Vietnam's fish cakes and surimi to the market in the first 5 months of 2021 is equivalent to the same period in 2020, reaching more than 34.3 million USD.
Similarly, Thailand also tends to increase imports of fish cakes and surimi from Vietnam in 2021. In the first five months of 2021, the country imported more than US$34.2 million worth of Vietnamese surimi, an increase of 83% compared to the same period of 2020. The share of this market in Vietnam's total exports of fish cakes and surimi increased from 16% to 22%.
Vietnam's exports of fish cakes and surimi to China are also maintaining their growth momentum, reaching $22 million in the first five months, up 14% over the same period in 2020.
Russia, Malaysia, Belarus and Taiwan are also increasing imports of fish cakes and surimi from Vietnam. Notably, exports to the Belarusian market grew strongly. In 2020, Belarus was only a small import market, but in 2021, with a "galloping" rate of 8,148% over the same period, this country is the 7th largest import market of Vietnamese surimi.
(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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