The Middle East - A Lucrative Market For Vietnamese Seafood

News 09:00 13/09/2014
(VietNamNet) Since the beginning of 2012, Vietnam's seafood exports to the Middle East have surpassed USD 117 million, accounting for 5.1 percent of the country’s total export revenue.

Lying at the junction of Asia, Africa and Europe, the Middle East serves as a gate for goods to penetrate neighboring regions. It is also a promising new market for Vietnamese seafood.

Despite the negative impact of the European public debt crisis, the Ministry of Agriculture and Rural Development (MARD) reports that Vietnam’s seafood exports have maintained steady growth and are estimated to hit USD 500 million in May to raise the total value in the first five months of this year to USD 2.3 billion, a year-on-year increase of 9.8 percent.

Seafood exports to the Middle East witnessed a dramatic rise in earnings, which helps cover revenue losses in the European market and provides impetus for for the seafood sector to continue growing.

The Vietnam Association of Seafood Exporters and Producers (VASEP) said seafood products shipped to the Middle East have increased in value from USD 192 million in 2009 to USD 225 million in 2010 and USD 274 million in 2011.

Vietnam is boosting seafood exports to the United Arab Emirates (UAE), Israel, Sudan, Lebanon, Iraq and Kuwait, it said.

Of those countries, the UAE is Vietnam's largest customer and a crucial gateway for transporting goods to other Middle Eastern and North African nations.

The UAE is a major crude oil exporter, as well as the second biggest economy in the Muslim world, and ranks 17th among the world's 61 most competitive economies. However, its seafood production can only meet 25 percent of its total demand so it must import the remainider from other countries.

The UAE mainly imports butterfish, anchovies, garrupa, tuna, lobster, mollusks, tra fish and salmon from Vietnam.

Tuna exports to the UAE have increased noticeably in value from USD 522,000 in 2009 to over USD 2 million two years later.

Meanwhile, tuna exports to Sudan reached nearly USD 1.5 million in revenue in the first four months of this year, an enormous year-on-year increase of 655 percent, making it one of the top ten importers of Vietnamese tuna.

This shows positive results from efforts by domestic tuna producers to seek business opportunities for exports to new markets in the Middle East. Seafood exports from Vietnam have many advantages in the region and they are now in ever increasing demand.

Many Middle Eastern countries are heading east for trade and investment, which creates more opportunites for Vietnamese goods to penetrate and increase their shares in those markets.

With average annual economic growth of 6-14 percent, the Middle East region is considered a market with great potential for Vietnam.

Although, there are no strict regulations for product quality and packaging, Vietnamese businesses still face uphill battles because of legal and technical obstacles, as well as the ways of doing business in this market.

They also suffer from a high risk of payment, unstable security, a lack of information, fierce competition due to low import taxes and a poor network of Vietnamese representative offices in the region.

To overcome these problems, the Vietnamese Directorate of Fisheries and the Vietnam Chamber of Commerce and Industry (VCCI) recently sent a number of trade delegations to survey the Middle Eastern market.

Bạn đang đọc bài viết The Middle East - A Lucrative Market For Vietnamese Seafood tại chuyên mục News của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Five key questions facing the seafood industry to be discussed at Vietnam Seafood Summit 2026

 |  14:58 22/10/2026

(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.

Vietnam’s shrimp exports face market volatility at year-end

 |  16:43 21/10/2026

(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.

Vietnam’s seafood industry in 2027–2029: Where will new growth opportunities come from?

 |  14:56 19/10/2026

(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.

Vietnam’s pangasius exports to the middle east recover, but growth remains uneven

 |  16:04 15/10/2026

(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.

China’s shrimp imports surge: major opportunities, but demand and product mix must be assessed carefully

 |  08:32 14/10/2026

(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.

VIETNAM SEAFOOD SUMMIT 2026 – COMING SOON!

 |  15:26 12/10/2026

(vasep.com.vn) Changing markets, shifting buyer demand, and increasingly complex trade barriers are raising a key question for Vietnam’s seafood industry: Where will the new growth opportunities lie in 2027–2029?

Vietnam’s tilapia exports to the U.S face new competitive pressures

 |  08:47 09/10/2026

(seafood.vasep.com.vn) As of the end of August 2026, Vietnam’s tilapia exports to the United States reached $21 million, representing a steep 48% year-over-year decline and accounting for 23% of the country's total tilapia export turnover. Frozen fillets accounted for 78% with the remainder consisting of whole frozen tilapia and frozen cuts.

Vietnam's pangasius exports to Brazil rebound strongly in august

 |  08:34 08/10/2026

(seafood.vasep.com.vn) After a volatile first half of the year, Vietnam’s pangasius exports to Brazil registered robust growth in July and August 2026. In August alone, export turnover reached $19 million, surging 73% compared to the same period in 2025. Cumulatively for the first eight months, total export value reached $124 million, reflecting an 8% year-over-year increase.

Fishermen venture out to sea, determined to combat IUU fishing.

 |  08:47 07/10/2026

(seafood.vasep.com.vn) Besides modifying their boats, many fishermen in Dak Lak province are making efforts to venture out to sea to harvest seafood during the rough sea season.

Viet Uc Group exchanges aquatech innovations at Responsible Seafood Summit 2026

 |  09:26 05/10/2026

(seafood.vasep.com.vn) At the Responsible Seafood Summit and TCRS Shrimp Summit 2026, organized by the GSA (Global Seafood Alliance) in Bangkok, Thailand, the conversation about the future of the shrimp industry began with one of its most important foundations: seedstock quality.

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

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC