US remains the key market but shows slower growth
During the first nine months of 2025, crab exports to the United States reached over USD 46 million, accounting for nearly 81% of total export value, up 5% year-on-year. However, compared to the double-digit growth recorded last year, this slower pace reflects weaker consumption in the US due to high prices, rising logistics costs, and ample supply from Indonesia and the Philippines.
Despite this slowdown, the US remains a strategic market, especially for cooked crab meat and canned swimming crab, which continue to be popular in the restaurant and retail sectors.
EU and CPTPP emerge as new growth drivers
A highlight of Vietnam’s swimming crab exports in 2025 is the strong recovery in the EU and CPTPP markets. Exports to the EU exceeded USD 2 million, up 161% compared to the same period last year; notably, France more than doubled (+208%), becoming Vietnam’s largest EU importer of swimming crab.
Exports to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) markets also rose by 28%, with the UK and Australia showing encouraging growth. Particularly, exports to Australia surged 280% in September 2025, reflecting robust demand for convenience processed crab and high-quality frozen products.
Asian markets experience sharp fluctuations
In contrast to the positive trends in Europe, exports to China and Hong Kong fell sharply by 55% and 7%, respectively, over the same period. The decline was mainly due to weak consumer demand and stricter quarantine measures, as domestic Chinese supply from wild catches increased.
South Korea also recorded a 17% drop, driven by changes in consumption patterns—more focus on diet trends and substitution with cheaper local seafood or shrimp and fish products.
Global swimming crab market trends in 2025
In 2025, the global crab market has seen persistently high prices due to limited natural catches and rising logistics costs, while demand in the US, Japan, and China remains strong.
Key crab species such as snow crab, king crab, and blue swimming crab—Vietnam’s main export types—are expected to maintain or slightly increase in price in Q4/2025.
Importers are increasingly emphasizing traceability, sustainability certifications (e.g. MSC, FIP), and value-added processing, trends that many Vietnamese exporters are now adapting to meet.
Outlook for late 2025–2026: Focus on value-added products
With a stable recovery base, Vietnam’s swimming crab exports are expected to maintain mild growth in the final months of 2025, driven by seasonal demand during the holiday period in the US and Europe.
For 2026, growth is projected at 3–5%, provided that exporters continue to diversify products and markets. However, US trade policy adjustments may pose challenges and cause fluctuations in export orders.
To seize these opportunities, Vietnamese exporters should: Invest in value-added products such as packaged cooked swimming crab meat, canned swimming crab, and swimming crab-based surimi; Strengthen sustainability certifications (MSC, FIP) to access EU and Japanese markets; Diversify export destinations to reduce dependence on the US market.
(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.
(seafood.vasep.com.vn) With a focus on sustainable development, high-tech application, and climate change adaptation, An Giang Province aims to maintain its brackish water shrimp production in 2026 at a level equivalent to the previous year. Specifically, output is projected to reach over 155,510 tons, serving both domestic consumption and export processing, thereby sustaining the fisheries sector’s key role in the local economic structure.
(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).
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