April 2025 alone saw impressive growth, with exports hitting USD 900.4 million, a 16% increase year-on-year. Shrimp remained the top export, contributing USD 1.3 billion, up 33.5%, fueled by strong demand from Japan and China. Notably, lobster exports surged by 295% to USD 335 million, becoming a new bright spot. Pangasius exports grew moderately by 10.4% to USD 640 million, supported by a 49% rise in value-added processed products. Shelled mollusks like clams, mussels, and cockles reached USD 84.8 million, up 85.5%, showing great potential in niche markets such as the EU and Japan.
By market, the CPTPP bloc led with USD 931 million, up 29%, with Japan alone accounting for USD 531 million. China and Hong Kong surged to USD 716 million, increasing 57.4% thanks to strong demand before and after Lunar New Year. The EU and South Korea also recorded stable growth at USD 352 million and USD 262 million respectively. Emerging markets such as Brazil, Egypt, and India showed promising growth, with pangasius exports to Brazil up 67% and tuna exports to Thailand up 214%.
Product restructuring was another highlight. Value-added processed products like battered pangasius, processed squid, and frozen octopus saw strong growth, reflecting consumer trends towards convenience and premium quality in major markets. This indicates Vietnamese companies are investing heavily in processing technology and product diversification to boost competitiveness.
However, challenges remain significant. The U.S., the second-largest market with exports worth USD 539 million, has introduced new tariffs including a 10% tax on processed products, leading to a 9% drop in exports in April. The risk of retaliatory tariffs up to 46%, anti-dumping and countervailing duties on shrimp and pangasius, alongside expanded SIMP program and strict traceability requirements, exert considerable pressure on exporters. The Marine Mammal Protection Act (MMPA) also poses a major challenge, with potential import bans from 2026 if compliance is not met.
In the EU, the ongoing IUU yellow card warning disrupts certification and shipment processes. Meanwhile, China, despite strong growth, faces competition from local products and quality control pressures. Rising production costs—covering raw materials, feed, logistics—combined with container shortages and higher freight rates are squeezing profit margins.
In response, businesses are flexibly shifting to promising markets like Japan, South Korea, ASEAN, and the Middle East, leveraging free trade agreements. Enhancing deep processing and developing value-added products not only boost export turnover but also reduce reliance on volatile traditional markets.
To sustain growth, the industry must focus on strategic solutions: investing in traceability systems, expanding deep processing, exploring new markets, stabilizing supply, and increasing government support such as debt relief, interest rate cuts, and simplified administrative procedures to help businesses overcome financial difficulties.
(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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