After a strong increase of 23% in November, seafood exports in December continued to increase by 29% to over US$940 million. In December 2021, exports of all key products increased sharply by 6-110%.
Thanks to a breakthrough increase in December, with a growth rate of about 80% to about USD 245 million, pangasius exports for the whole year in 2021 exceeded expectations with over USD 1.6 billion, up 10%.
Shrimp exports in December increased by 10% to about 325 million USD. By the end of the year, shrimp exports reached 3.88 billion USD, up 4%. Tuna exports increased by 55% in December to USD 85.5 million, bringing the whole year result to USD 757 million. Cephalopod exports in December reached over USD 60 million, up 10%, accordingly, the whole year exports reached over USD 600 million.
Seafood exports to China in December rebounded the most, increasing by 90% to over $170 million. However, because exports to this market continuously decreased from March to October, the total export value in 2021 still decreased 14% compared to 2020 to reach 1.17 billion USD. China only accounts for 13% of Vietnam's seafood exports, compared to 16% in 2020.
The US still accounts for the highest proportion, 23% of Vietnam's seafood exports with over 2 billion USD in 2021, an increase of 26% compared to 2020. Particularly in December 2021, seafood exports to the US reached 176 million USD, up 32% over the same period in 2020.
In 2021, seafood exports to the EU market account for 12% with over 1 billion USD, up 12% compared to 2020. Last month, seafood exports to the EU also increased sharply by 26% to reach 109 million USD.
Exports to CPTPP countries in 2021 have earned nearly 2.2 billion USD, almost equivalent to 2020. In December alone, exports to this market block reached 209 million USD. While exports to Japan continued to decline by 8% in December, exports to Australia still grew by 13%. Exports to Japan in 2021 reached 1.3 billion USD, down over 6%, while exports to Australia reached 265 million USD, up 6% compared to 2020.
(vasep.com.vn) Vietnam’s tuna exports sustained their upward trajectory in August 2026, though the pace remained modest at just 2%. The month saw divergent trends across key markets: the US maintained its leading position, Japan and Canada improved, Russia surged and the EU continued to experience a steep downturn. These developments suggest that exporters are entering the final months of the year amid a market environment marked by greater uncertainty.
(vasep.com.vn) Vietnam’s shrimp exports reached $3.3 billion in the first eight months of 2026, up 12% year on year. However, growth momentum is moderating and market divergece is becoming more pronounced, while the US and EU continue to present significant challenges. The latest insights from the Global shrimp forum 2026 (GSF 2026), held in early September, also indicate that the final months of the year will remain highly competitive as global supply continues to expand and buyers place greater emphasis on quality, product specifications, supply consistency and the ability to meet market-specific demand.
(vasep.com.vn) Vietnam’s pangasius exports continued to grow in August 2026, bringing total export value in the first eight months of the year to US$1.5 billion, up 10% year-on-year. August exports alone reached US$205 million, up 6%. However, market performance has become increasingly divergent, with China and Brazil posting positive growth while the U.S. continued to record a sharp decline.
(vasep.com.vn) Vietnam’s seafood exports reached US$1.14 billion in August 2026, up 6.4% year on year, bringing the total for the first eight months to more than US$8.0 billion, an increase of 11.9%. Monthly export value remained above US$1 billion, but August growth was only around half the rate recorded cumulatively through the first eight months. This indicates that the eight-month result was supported significantly by stronger performance in earlier months, while market conditions are entering a less predictable period.
(seafood.vasep.com.vn) Pangasius is attracting growing interest from Japanese seafood companies as prices of many traditional whitefish species remain high and supply becomes increasingly volatile. Notably, seafood group Kyokuyo has recently continued to feature pangasius among its priority products, highlighting its competitive pricing and stable supply.
(seafood.vasep.com.vn) As Vietnam’s tilapia industry searches for new growth opportunities, venturing into brackish-water aquaculture could unlock a formidable competitive moat. Bypassing the volume-and-price bloodbath against established global heavyweights, Vietnam could differentiate itself through high-quality tilapia products tailored to specific farming conditions and value-added market segments.
(seafood.vasep.com.vn) 2026 is rapidly shaping up to be a formidable stress test for Vietnamese pangasius exports to the United States. While exports to alternative markets maintain a resilient growth trajectory, the U.S market has declined significantly. In the first eight months of the year, pangasius exports to the U.S fell by nearly 14% year-on-year, with August alone recording a decline of more than 50%. The trend shows that difficulties in the U.S. market are not driven solely by weak consumer demand, but also by multiple layers of trade barriers that are intensifying simultaneously, particularly additional import tariffs, anti-dumping duties and growing protectionism for the domestic catfish industry.
(vasep.com.vn) Vietnam’s pangasius exports to Japan are showing positive signals in 2026, indicating that the market is opening up greater opportunities for pangasius products, particularly processed and value-added products. In the first seven months of 2026, Vietnam’s pangasius exports to Japan reached US$31 million, up 20% year-on-year. In July alone, export value reached approximately US$5 million, up 30%.
On July 22, 2026, the Government issued Decree No. 292/2026/ND-CP detailing certain articles and providing measures for the organization and implementation of the Law on Foreign Trade Management. The Decree takes effect on September 5, 2026, replacing Decree No. 69/2018/ND-CP.
(vasep.com.vn) Vietnamese pangasius producer Vinh Hoan has won the top prize at the 2026 Seafood Excellence Asia Awards for its Cured Panga Croquette, highlighting the growing potential of value-added pangasius products in international markets.
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