By the end of May, Vietnam's shrimp exports to China decreased by 19% to 137 million USD, accounting for 34% of seafood export value to this market. Pangasius surpassed shrimp, accounting for 41% to reach 165.5 million USD, a slight increase of 2%. Exports of marine fish decreased by 5% to nearly $70 million and accounted for 17% of total seafood exports.
The impact of the Covid pandemic and China's move have created two clear trends in Vietnam's seafood exports to this market: the turnover of fresh/frozen products dropped sharply, the export of dried and processed goods. increase. Accordingly, the export of fresh/live/frozen black tiger shrimp decreased by 25% in May and 26% in the first 5 months of the year to US$46 million, while processed black tiger shrimp increased by 278% to US$1.4 million.
Vietnam's frozen vannamei exports to China in the first five months of the year increased 2% to $67 million, while exports of processed vannamei increased by 173% to over $6 million. Vannamei shrimp accounted for 54% of total shrimp exports. Vietnam's marine shrimp exports to China in the first 5 months of 2020 accounted for 22% of shrimp exports, this year only accounted for 11% with $ 15.6 million, down 58%, because frozen shrimp exports decreased by 85%. In return, the export of dried shrimp increased nearly 6 times, processed shrimp increased by 67%. For pangasius, exports of frozen fillets decreased by 12% in the first 5 months of the year, reaching 118 million USD, frozen whole pangasius increased sharply by 78% to nearly 47 million USD.
For other types of marine fish for export (except tuna), dried fish is the most popular product line, accounting for 50% of the export turnover of marine fish with 35 million USD in the first 5 months of this year, an increase of nearly 6%. However, in May, the export of dried fish to China decreased by 48%. Other processed fish products increased by 53%, while exports of fresh frozen fish decreased by 42%. Exports of fish cakes and surimi products also increased sharply by 43% in May and the first 5 months of the year reaching 23 million USD, up 13%.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
(seafood.vasep.com.vn) In November 2024, Vietnam's tuna exports failed to maintain the rapid growth momentum seen earlier. Export value during the month increased by nearly 4% year-on-year, reaching approximately USD 82 million. Cumulatively, the export value for the first 11 months of 2024 totaled USD 903 million, a 17% increase compared to the same period in 2023. However, at this growth rate, the total export turnover for 2024 is estimated to only reach around USD 1 billion.
(seafood.vasep.com.vn) On the evening of December 24, 2024, in Hanoi, the Central Youth Union, Viet nam Youth Federation and the Vietnam Young Entrepreneurs Association held the Vietnam Golden Star Award Ceremony 2024, with the theme "Reaching Vietnam", honoring 200 outstanding enterprises. Deputy Prime Minister Nguyen Hoa Binh attended.
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