In May 2024, tuna exports soared by 36% to over US$95 million, driven by robust demand for canned tuna, which jumped by 18%, and pouched tuna, which skyrocketed over 3.5 times higher. Frozen tuna loin/phlle exports also surged by 25%, while frozen whole tuna exports soared by over seven times compared to May 2023. Cumulative tuna exports for the first five months of 2024 reached nearly US$397 million, up 25% from the same period in 2023.
Crab and swimming crab exports also witnessed impressive growth, climbing by nearly 92% to over USD 26 million in May. This surge was primarily fueled by a more than twofold increase in crab exports. The two largest markets for Vietnamese crab (China and Japan) both increase imports. China emerges as the top destination for Vietnamese live crab, with imports soaring by 11 times compared to May 2023. Meanwhile, Japan primarily imports processed snow crab finished products, including snow crab meat, shelled snow crab, snow crab claws, and a small portion of processed freshwater crab.
Pangasius exports rose by 10%, while exports of cephalopod, and other fish species all experience modest growth of 3% in May. Cumulative pangasius exports for the first five months of the year reached nearly US$755 million, up slightly by 3% from the same period in 2023. On the other hand, marine finfish exports declined by 3% to US$742 million, while cephalopod exports reached US$236 million, down nearly 2% compared to May 2023.
Despite a slight dip in May, shrimp exports maintain a positive growth trajectory for the year, increasing by 7% to USD 1.3 billion for the first five months.
While some markets have yet to experience a full rebound, major export destinations are showing signs of gradual recovery in both demand and import prices. Seafood exports to the US, Japan, the EU, and South Korea all record positive growth in May, ranging from 5% to 26%. Notably, exports to China falls by 8% compared to the same period. By the end of May, the US remains the top destination, with seafood imports from Vietnam reaching US$635 million, representing a 13% growth. Exports to Japan, China, South Korea, and the EU saw more modest increases of 3-4% compared to May 2023.
(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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