This decline has caused Italy from the largest tuna import markets of Vietnam in the EU in 2021 to fall to 7th position in the first 10 months of 2022.
Currently, there are 11 enterprises exporting tuna to Italy, of which Nha Trang Bay, Dragon Waves and Thanh Dung Canning Co.,Ltd are the 3 largest companies exporting tuna to this market, accounting for 68% of the total export value.
According to Eurostat statistics, Vietnam is currently the 7th largest tuna supplier to the Italian market, accounting for 3% of Italy's total tuna imports.
Vietnamese canned tuna is a favorite and widely consumed product in Italy
This year, Italy has lifted the preventing Covid-19 restrictions and the reopened restaurants and cafes, as well as the recovered tourism industry, which have increased tuna consumption in this country. Italy is currently importing a lot of processed and canned tuna. Currently, 1 in 3 Italians consume canned tuna at least 2 to 3 times a week.
However, due to the dual impact of the Covid-19 pandemic and the Russia-Ukraine conflict, inflation in Italy in the second half of 2022 tends to increase. Price of tuna and other seafood products in Italy increased by 8.8% in the first 10 months of 2022. This has restrained imports and affected tuna consumption in this country. The Italian importer's new trend is to choose tuna sources that offer many incentives, tax reductions or cheap prices such as Ecuador, Colombia or Ivory Coast. Besides, Italy tends to increase imports from internal sources such as Spain or Greece.
|
Top 8 Vietnam Tuna exporters to Italy, Jan-October 2022 |
|
|
Enterprises |
Proportion (%) |
|
Nha Trang Bay JSC |
31 |
|
Dragon Waves |
23 |
|
THANH DUNG CANNING CO.,LTD |
15 |
|
BIDIFISCO |
13 |
|
EVERWIN INDUSTRIAL CO.,LTD. |
9 |
|
Trinity Viet Nam Co., Ltd |
4 |
|
HDE |
3 |
|
AHFISHCO |
1 |
Compiled by Thuy Linh
(seafood.vasep.com.vn) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(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.
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