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) On March 10, 2026, the Ho Chi Minh City People’s Committee issued Decision No. 1377/QD-UBND approving the Aquatic Animal Disease Prevention and Control Plan for the 2026–2030 period. The decision takes effect from the date of signing and replaces previous plans for the 2021–2030 period that had been issued prior to the administrative merger in Ba Ria – Vung Tau, Binh Duong, and Ho Chi Minh City.
(vasep.com.vn) In 2025, Chile imported more than USD 156 million worth of tuna, up 8.1% compared to the previous year and the highest level in the past five years. As the supply structure in this market is rapidly shifting, Vietnamese tuna is facing both opportunities to expand market share and increasing competitive pressure from Thailand, Colombia, and China.
(seafood.vasep.com.vn) Vinh Long Province is stepping up efforts to develop brackish water shrimp farming in a sustainable direction, identifying it as a key sector in its agricultural structure. In 2026, the province aims to reach around 71,300 hectares of shrimp farming, with an output of over 314,000 tons.
(seafood.vasep.com.vn) Ha Tinh Province is strengthening control over shrimp seed quality to minimize risks for the 2026 spring–summer farming season.
(seafood.vasep.com.vn) In February 2026, Vietnam’s pangasius exports reached USD 119 million, down slightly 5% year-on-year. However, thanks to strong performance in January, cumulative exports in the first two months of the year still reached USD 331 million, up 28% compared to the same period in 2025. Export activity slowed somewhat in February due to seasonal factors, particularly the Lunar New Year holiday, which disrupted production and shipments at many seafood processing enterprises.
(seafood.vasep.com.vn) Da Nang is accelerating the development of high-tech shrimp farming toward intensive production, disease control, and improved efficiency. Many shrimp farms have invested in automated environmental monitoring systems, continuously tracking indicators such as pH, dissolved oxygen, temperature, and salinity, enabling farmers to promptly adjust pond conditions and reduce disease risks.
(seafood.vasep.com.vn) The year 2025 is considered a turning point for Vietnam’s shrimp seed industry as the sector faces the need for strong transformation in technology, production management, and gradual self-sufficiency in broodstock supply. These factors are seen as key to improving seed quality and strengthening the competitiveness of the shrimp industry amid increasingly demanding market requirements.
(seafood.vasep.com.vn) In February 2026, Vietnam’s shrimp exports reached nearly USD 310 million, up 17% year-on-year. Cumulatively for the first two months of the year, shrimp export value totaled USD 690 million, an increase of 20% compared with the same period last year. Compared with the 22% growth recorded in January, the pace of increase in February slowed somewhat, reflecting seasonal factors as the Lunar New Year holiday partially disrupted processing and shipment activities. Nevertheless, the nearly 20% growth in the first two months indicates that shrimp orders from Vietnam are maintaining a more positive trend than in the same period last year.
(seafood.vasep.com.vn) According to the latest statistics for January 2026, Vietnam’s pangasius export value to major market blocs recorded encouraging growth compared with the same period last year, indicating that consumption demand is gradually recovering.
(seafood.vasep.com.vn) Vietnam’s seafood exports in February 2026 reached approximately USD 707 million, up 8% compared to the same period last year. Cumulatively, exports in the first two months of 2026 totaled USD 1.7 billion, an increase of 20.2% year-on-year. The results show that the sector’s recovery momentum has remained relatively solid following strong growth in January, although the pace slowed noticeably in February for several key products and major markets. Within the overall picture, shrimp continues to be the largest pillar, pangasius rebounds strongly, while tuna exports and the U.S. and Korean markets are sending signals that warrant closer monitoring. In March, seafood exports are expected to gain additional momentum from markets other than the U.S., potentially supporting stronger growth.
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