Following the recovery from the fourth quarter of 2021, Vietnam's seafood exports in the first quarter of 2022 had a strong breakthrough with sales of $2.5 billion, up 46% over the same period last year, despite the consequences of the pandemic. The Covid epidemic caused production and sales costs to skyrocket, especially sea freight.
The Russian-Ukrainian conflict that occurred at the end of February has made the input costs even higher along with the bottlenecks and disturbances in the global seafood trade, both positively and negatively affecting the seafood exports of the country. Vietnam.
Exports to Russia and Ukraine stagnated, but in return, orders from other markets increased rapidly and export prices increased, helping to increase seafood export turnover in the first quarter of 2022.
The export price of pangasius, shrimp, tuna and some main aquatic species to the markets increased sharply, in which pangasius alone increased by 40-70%, helping this product have the highest export growth.
China still has many challenges for seafood exporters because of the zero Covid policy, but the demand for seafood in this market is too high, so the demand for seafood imports from Vietnam is still high and has grown the most among the import markets.
However, the Covid epidemic and the Russia-Ukraine conflict will continue to affect seafood production and export in the second quarter. But with the flexibility and efforts of seafood enterprises, exports in the second quarter are forecasted to continue to grow positively.
Please register the Report on Vietnam Seafood Exports in the first quarter of 2022 to capture more detailed information about seafood export developments by product line, species, processing structure, locality, etc. the first quarter of 2022, as well as predictions about export trends and export results in the second quarter of 2022.
Register for the Report to get the results and developments of exporting seafood products to each market, find Vietnam's leading suppliers of shrimp, pangasius and seafood in the markets.
The Report on Vietnam seafood exports in QI/2022 is available on 10th May 2022.
(seafood.vasep.com.vn) In 2025 In 2025, Vietnam's brackish water shrimp industry will continue to grow sustainably, enhancing value-added products with strong contributions from local authorities and the business community.
(seafood.vasep.com.vn) In January 2025, the country's total seafood output was estimated at 594,100 tons, a 0.7% increase compared to the same period last year. Specifically, fish production reached 443,400 tons, up 0.7%; shrimp output was 56,300 tons, up 3.1%; and other seafood products totaled 94,400 tons, down 0.9%.
(seafood.vasep.com.vn) The industrial pangasius production in Vinh Long province in 2024 reached 95,100 tons, a 4% decrease compared to 2023. Despite the decline in production, positive trends in the final months of the year offer hope for improving economic efficiency in the near future. Additionally, the increase in the area for industrial pangasius farming and the maintenance of overall aquaculture area demonstrate the province’s efforts to sustain its production activities.
(seafood.vasep.com.vn) In January 2025, Vietnam's total seafood export value reached 774.3 million USD, a 3.3% increase compared to the same period in 2024. This is a positive result compared to January 2023, when the Lunar New Year fell at the end of the month, significantly impacting export outcomes.
(seafood.com.vn) In 2024, Vietnam exported shrimp to 107 markets, up from 102 in 2023. The top 5 major markets for Vietnam’s shrimp exports were China & Hong Kong, the U.S., Japan, the EU, and South Korea, accounting for 76% of the total shrimp export value.
(seafood.vasep.com.vn) In 2024, Vietnam's seafood sector successfully exported to numerous countries, reaching a milestone of USD 10 billion, a 12% increase compared to 2023. 2025 promises to be a prospective year for promoting exports to various markets, including target and potential markets such as the US, China, ASEAN, and the Middle East.
(seafood.vasep.com.vn) The EU has been one of the largest consumers of Vietnamese pangasius over the past decade. However, data from Vietnam Customs reveals a gradual decline in EU imports of pangasius from Vietnam over the last five years.
The Report on Vietnam Seafood Exports in 2024 by the Vietnam Association of Seafood Exporters and Producers (VASEP) was published amid positive developments in the country's seafood industry, marking a successful year with a total export value of USD 10 billion, a 12% increase compared to 2023. This milestone underscores the sustainable growth and exceptional potential of the seafood sector in contributing to the national economy.
(seafood.vasep.com.vn) Vietnam's tuna sector faced numerous challenges in the latter half of 2024. While the year proved memorable, with export turnover reaching nearly USD 1 billion, maintaining this growth trajectory requires renewed impetus for the tuna industry.
With Tet (Lunar New Year) approaching, fishermen along Vietnam's central coast are capitalizing on favourable weather conditions to intensify their fishing efforts, meeting the burgeoning demand for seafood across the nation.
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