According to Vietnam Customs statistics, South Korea remained the largest importer of Vietnamese fish cakes and surimi, with export value reaching USD 12 million, accounting for 26% of total exports. Thailand ranked second with over USD 10 million (23.1%), followed by China with USD 6 million (14%), which also recorded one of the strongest growth rates among key markets, increasing by 37% year-on-year.
In addition, exports to Japan reached nearly USD 5 million, up 4%, while shipments to Lithuania totaled nearly USD 3 million, surging by 53%. Notably, exports to the United States, though still modest at nearly USD 2 million, rose sharply by 173% compared to the same period in 2025. At the regional level, exports to the EU exceeded USD 3 million, up 53%, while exports to China and Hong Kong reached USD 6 million, up 33%.
However, market developments also reveal clear divergence. Some traditional markets recorded declines, with South Korea down 6% and Thailand down 2%, while exports to ASEAN countries fell by 4% in the first two months of the year. This reflects continued competitive pressure in nearby markets, particularly in the mid-range, mass-market segment.
The growth in fish cake and surimi exports in early 2026 reflects relatively stable demand for processed, convenient, and reasonably priced products. This category also has strong potential for expansion across multiple markets, as it aligns well with consumer trends favoring affordability, ease of preparation, and diverse distribution channels—from retail to foodservice.
In 2026, Vietnam’s fish cake and surimi sector is expected to have further growth opportunities in markets such as China, the EU, Japan, and the United States. However, businesses will continue to face challenges including raw material supply fluctuations, pricing pressure, rising production and logistics costs, and increasingly stringent requirements on quality, food safety, and traceability in importing markets.
In this context, the sector’s ability to sustain growth will depend on companies’ capacity to secure raw material supply, improve product quality, and better capture demand in recovering markets. With positive results from the beginning of the year, fish cakes and surimi are emerging as one of the bright spots in Vietnam’s seafood exports in 2026.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.
(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.
(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.
(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.
(seafood.vasep.com.vn) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
(seafood.vasep.com.vn) In the first four months of 2026, Vietnam’s tilapia exports reached USD 49 million, up 151% compared to the same period in 2025. This impressive growth reflects positive momentum in the tilapia sector, with Brazil emerging as a key driver of growth, while frozen tilapia fillets continued to be the industry's leading export product.
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