The Covid-19 epidemic lasted for the whole of 2020, disrupting global trade in seafood, changing the trend of consumption of fishery products. Accordingly, Vietnam's main export products also fluctuate according to market trends, leading to an increase in exports of whiteleg shrimp, marine shrimp, variable fish, crabs and bivalve mollusks, while pangasius exports have decreased, tuna, squid and octopus exports decreased slightly.
COVID-19 has reduced the demand for seafood imports in the markets, but the main importers of Vietnamese seafood such as the EU, China, South Korea, and Japan only slightly decreased their imports from Vietnam (down 3-6%). Meanwhile, the US, the largest market still significantly increased (+ 10%) of Vietnam's seafood imports. In addition, other markets such as Russia, UK, Australia, and Canada still increased strongly (10-32%) of seafood imports from Vietnam.
Vietnam's seafood exports in the first quarter and second quarter of 2020 decreased by 10% and 7% respectively over the same period in 2019. However, from July, exports began to recover and increase in the third quarter (with 10% to 13% growth). In the fourth quarter, although the import demand of the markets is still good, the seafood trade is deadlocked because of the lack of empty containers to queue for export to other countries, while the freight is many times higher, causing export activities stagnation and slump.
In 2021, the seafood trade situation will still be strongly affected by this pandemic, even this is still the main factor that dominates Vietnam's trend of seafood import and export. However, Vietnam is still able to maintain its competitive strength thanks to a more stable supply of raw materials compared to other countries. In addition, the free trade agreements that Vietnam has signed will continue to be a lever for Vietnam's seafood exports to recover in some markets. After a year, Vietnamese seafood enterprises will have more experience and flexibility to adapt to changes and changes in market needs and tastes. Therefore, it is predicted that Vietnam's seafood export in 2021 will have better results than in 2020.
To get an overview, detailed forecast of seafood production and export trends over each quarter in 2021 and capture more details about the export status of each seafood item to markets in each month, each month. Quarter of 2020, you are invited to register for Report on Vietnam Seafood Exports in 2020, issued by VASEP in February 2021.
Please sign up for the Report here: http://seafood.vasep.com.vn/reports/quarterly-report-on-vietnam-seafood-exports/reports-on-vietnam-seafood-export/report-on-vietnam-seafood-exports-in-2020-21357.html
(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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