Products of Kien Cuong Seafood
Among export markets, South Korea remains the largest importer, with imports in the first five months of 2025 exceeding USD 100 million, accounting for 36% of Vietnam’s total exports and up 6% compared to the same period in 2024. Vietnam mainly exports frozen cuttlefish and boiled octopus to this market.
Japan follows with nearly USD 69 million, up 19% year-on-year. Exports of squid and octopus to Japan have been on the rise thanks to stable demand and the appeal of high-quality products such as sashimi and boiled octopus.
Exports to China are also rebounding strongly, with high growth over the past two months after a decline earlier this year. This rebound is attributed to the reopening of the Chinese market, which has recently increased imports of frozen and semi-processed squid to serve its food service sector. Export value to China in the first five months reached more than USD 26 million, a 2% increase year-on-year.
Exports to the EU have also accelerated in recent months. With a total value of nearly USD 15 million in the first five months (up 11% year-on-year), the EU ranks as Vietnam’s fifth-largest market for squid and octopus. Exports to the bloc’s top three markets—Italy, Spain, and Belgium—grew by 6%, 71%, and 24% respectively.
In addition, several emerging markets such as the Philippines, UAE, Cambodia, and Canada recorded growth of over 40% compared to the same period last year, showing great potential in the mid-range and convenience product segments.
Forecasts suggest that Vietnam’s squid and octopus exports in the first five months of 2025 have made a strong start, laying a solid foundation for reaching the target of over USD 700 million for the full year. As the global market shows signs of recovery, enterprises need to invest more in deep processing, traceability, and expanding access to emerging markets to enhance the sustainability of this strategic industry. However, to achieve this target, businesses also need government support in facilitating the domestic raw material supply, and in promptly resolving bottlenecks related to the certification and verification of harvested seafood.
(seafood.vasep.com.vn) In March 2026, Vietnam’s pangasius export value reached USD 182 million, up 1% compared to the same period in 2025. Cumulatively, exports in the first three months of 2026 totaled USD 514 million, an increase of 17% year-on-year, indicating that the growth momentum is being maintained despite signs of slowdown in some markets during March.
(seafood.vasep.com.vn) During peak heat periods, farmers raising pangasius, tilapia, and other freshwater fish in Dong Thap are implementing various technical measures to reduce risks and maintain stable production.
(seafood.vasep.com.vn) Japan continues to be one of Vietnam’s most important and stable shrimp markets. In recent years, shrimp exports to this market have fluctuated in line with Japan’s broader economic and consumption cycles, yet Japan remains a major, high-value destination with stringent standards.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain increased by 13% compared to 2024. This growth trend has continued into the first two months of 2026. According to Vietnam Customs statistics, export turnover to this market reached nearly USD 3 million in January–February 2026, up 101% year-on-year and significantly higher than the same period in 2024. This development indicates that Spain is once again becoming a notable destination for Vietnamese tuna amid strong demand for tuna raw materials and products in Europe.
(seafood.vasep.com.vn) The 2026 brackish water shrimp farming season in the Mekong Delta has started earlier than usual, mainly driven by positive market signals, as shrimp prices in 2025 remained high and supply was limited. Many enterprises and farms in Cần Thơ, Cà Mau, and Vĩnh Long have proactively stocked early to seize opportunities. By early 2026, stocking areas in many localities had reached a high proportion of planned targets, with intensive and high-tech farming models expanding rapidly.
(vasep.com.vn) Vietnam’s tilapia exports to the United States recorded remarkable growth in 2025, opening up major opportunities while also presenting considerable challenges. The U.S. remains the largest importer of Vietnamese tilapia fillets, with export turnover reaching USD 40 million—an increase of up to 499% compared to 2024. This impressive growth reflects strong demand in the U.S. market, as supply from competing countries such as China has been constrained by tariffs and rising production costs.
(seafood.vasep.com.vn) Pangasius remains a strategic export commodity in Vietnam’s seafood sector. Entering 2026, the industry faces a strong need to transition from volume-based growth to a value-driven development model, with a focus on quality, food safety, and sustainability.
(seafood.vasep.com.vn) Following damage caused by Storm No. 13 in late 2025, brackish water shrimp farming in Gia Lai is being rapidly restored. In key farming areas such as Tuy Phước and Tuy Phước Đông, farmers are focusing on rehabilitating ponds, repairing infrastructure, and treating the environment in preparation for the 2026 crop.
(seafood.vasep.com) Facing the decline in fishery resources, Vietnam is accelerating livelihood transitions for fishermen to reduce fishing pressure and move toward sustainable development. Marine fish stocks have dropped significantly from 4.82 million tons in 2000–2005 to 3.95 million tons in 2016–2020.
(seafood.vasep.com.vn) Vietnam’s shrimp industry is entering a period of strong transformation with the emergence of various high-tech farming models, helping improve productivity and competitiveness. Over the past 5–10 years, farming practices have shifted from traditional methods to intensive and super-intensive systems, featuring lined ponds, environmental sensors, automated feeding, and data management.
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