Brazil — the key market, accounting for more than half of total exports
Brazil continued to be Vietnam’s largest tilapia import market with an overwhelming share. In April 2026, exports to Brazil reached USD 6 million, accounting for 61% of total export turnover. Cumulative exports to this market in the first four months reached USD 26 million, representing 54% of the industry’s total exports, making Brazil the largest market in Vietnam’s tilapia export structure. However, Vietnamese tilapia exporters still need to remain cautious regarding technical and regulatory barriers imposed by different Brazilian states, as well as increasing competition from Brazil’s domestic tilapia industry.
The U.S. — second-largest market but facing significant pressure
The United States ranked second among export markets, but recorded less favorable performance in April. Export turnover in April reached only USD 2 million, down sharply by 42% year-on-year, mainly due to the impact of tariff policies and intense price competition in this market. Cumulative exports through April 2026 reached USD 10 million, up slightly by 3% compared to the same period last year, indicating that earlier months of the year still partially offset the sharp decline seen in April.
Potential markets continue strong growth momentum
Saudi Arabia recorded the most impressive growth rate among the top five markets. In April 2026, exports to this market reached USD 400 thousand, up 33% year-on-year.
The Dominican Republic also maintained positive growth momentum. Export turnover in April 2026 reached USD 300 thousand, up 23% year-on-year. Cumulative exports in the first four months reached USD 2 million, up 204%, showing that beyond Brazil, other Latin American markets are gradually expanding consumption of Vietnamese tilapia, creating a foundation for broader market diversification within the region.
Belgium emerged as the most notable EU market during the month, with April exports reaching USD 300 thousand, up 102% compared to the same period in 2025. In the first four months of 2026 alone, exports to Belgium reached USD 1 million, up 30%. Total exports to the EU during the same period reached USD 2 million, up 23%, indicating that demand in Europe is showing positive signs and gradually expanding.
The export performance of Vietnamese tilapia in the first four months of 2026 reflects remarkable growth, with total export value rising by 151%. However, the heavy concentration on Brazil represents a structural risk that requires attention, especially as the country is adjusting policies related to tilapia imports. The sharp decline in exports to the U.S. in April also highlights the need for close monitoring in the coming months. On the positive side, strong growth in Saudi Arabia and the Dominican Republic signals promising opportunities for market diversification throughout the rest of 2026.
(seafood.vasep.com.vn) In June 2026, Vietnam's shrimp exports reached nearly USD 458 million, up 24% year-on-year. In the first six months of 2026, export value totaled USD 2.35 billion, an increase of 14.2% compared with the same period last year. Growth was driven mainly by the Chinese market and the strong performance of lobster exports, while shrimp exports continued to face pressure from U.S. tariffs and rising logistics costs.
(seafood.vasep.com.vn) As part of Vietfish 2026, the Hosted Buyer Program is designed as a specialized B2B matchmaking initiative for selected international buyers, providing opportunities to meet directly with Vietnamese seafood exporters, gain the latest market insights, and experience Vietnam's seafood supply chain firsthand.
(seafood.vasep.com.vn) A project titled "Sustainable Shrimp Industry Governance" has been launched in Ca Mau Province with the aim of supporting the transition of the province's shrimp industry toward higher quality, lower emissions, stronger governance capacity, improved supply chain traceability, and the development of a sustainable shrimp brand that meets the increasingly stringent requirements of export markets.
(seafood.vasep.com.vn) Khanh Hoa Provincial Agricultural Extension Center, in collaboration with the Northern Center for Marine Aquaculture Research and the Van Hung Public Service Center, recently organized a training course on disease-free golden pompano seed production. The program is part of a National Agricultural Extension Project aimed at developing industrial-scale seed production models to support sustainable marine aquaculture.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
(seafood.vasep.com.vn) The application of high technology in shrimp farming is delivering positive results in the coastal areas of Vinh Long Province, contributing to improved production efficiency and creating significant potential for further industry expansion. However, to fully capitalize on this potential, the province is focusing on aquaculture zoning, infrastructure investment, and promoting modern, sustainable production.
(seafood.vasep.com.vn) Đồng Tháp Province has intensified efforts to curb illegal fishing by strengthening vessel monitoring, law enforcement and seafood traceability.
(seafood.vasep.com.vn) Seafood businesses need solutions to overcome bottlenecks such as labor shortages, difficulty accessing capital, high input costs, and administrative procedures in order to maintain production, adapt to market fluctuations, and effectively exploit export opportunities.
(seafood.vasep.com.vn) The FTA would widen access to markets with strong demand for premium food products in line with the country’s strategy of shifting exports towards increasing added value.
(seafood.vasep.com.vn) On the morning of July 13th, Mr. Ho Quoc Dung, Member of the Central Committee of the Communist Party of Vietnam and Deputy Prime Minister, along with his delegation, visited and worked with businesses in An Giang province to promptly resolve obstacles and promote production and business activities.
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