Vietnam seafood exports decrease

Export potentials 15:44 30/04/2015
(vasep.com.vn) Seafood exports in Q1/ 2015 totaled US$ 1.27 billion, down 23% year on year, representing a 5-year low. Exports of shrimp and pangasius, the two major seafood products dropped sharply in the first two months. Shrimp exports reached US$ 348.6 million (down 30%) and pangasius exports valued nearly US$ 225 million, down 18%.

Ms. Nguyen Thi Anh, director of Song Tien Trading Co., Ltd. (Sotico) revealed that the company focuses on EU market. Since 13th March, importers have insisted on discount sales as the euro depreciates. This slows down sales of the company. Currently the company has recalculated cost structure and the maximum cost reduction. However,  current price of pangasius exports to Europe coupled with high price of raw material can make enterprises suffer losses.

'In 2015, shrimp from sources like India, Indonesia and Thailand rose, while currencies of these countries are traded at floating rates against the US dollar. These factors forces their shrimp retail prices become more competitive.’ said Mr. Tran Van Linh, general director of Thuan Phuoc Seafoods and Trading Corporation in Da Nang.

'High anti-dumping duties on shrimp exported to the US means we need to lower price to stay competitive. However, if prices are lowered too much, the company will face loss. Or else, it would be problem of unsold products.', he said. 

Over 90% of aquaculture enterprises choose USD as the currency of settlement in international trade. Therefore, volatility in currency exchange rates will negatively impact competitiveness of Vietnamese enterprises. In recent years, currencies used in major importing destination such as EUR and JPY depreciate against the dollars. This forces Vietnamese exporters to lower their prices, causing the decline in total seafood export value.  

Bạn đang đọc bài viết Vietnam seafood exports decrease tại chuyên mục Export potentials của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Vinh Long accelerates high-tech shrimp farming

 |  09:08 04/08/2026

(seafood.vasep.com.vn) Market fluctuations, rising production costs, and increasingly stringent requirements from export markets are placing growing pressure on the shrimp industry. In response, Vinh Long Province is promoting high-tech shrimp farming integrated with production–consumption value chains to improve efficiency, reduce risks, and enhance the industry's value.

Japan Opens New Opportunities for Vietnamese Tilapia in Sushi and Sashimi Market

 |  15:21 29/07/2026

(seafood.vasep.com.vn) Vietnam's tilapia exports to Japan posted strong growth in the first half of 2026, while a promising new trend has emerged in the value-added product segment. Notably, Vietnamese tilapia fillets have been exported to Japan for use in sushi and sashimi, creating new opportunities to enhance the value of the industry in one of the world's most demanding seafood markets.

Fish Cakes and Surimi Exports Regain Momentum Amid Growing Headwinds

 |  08:53 27/07/2026

(seafood.vasep.com.vn) After a relatively sluggish first quarter, Vietnam's exports of fish cakes and surimi showed a clearer recovery in the second quarter, particularly in June. Export value in the first six months of 2026 reached USD 148 million, down 2% year on year. However, the newly imposed 12.5% additional U.S. tariff on Vietnamese goods, intensifying competition in Northeast Asia, and increasingly stringent traceability requirements in the EU are making the outlook for the second half of the year more uncertain.

Shrimp exports in the first half of the year grow despite mounting market and logistics pressures

 |  08:32 25/07/2026

(seafood.vasep.com.vn) In June 2026, Vietnam's shrimp exports reached nearly USD 458 million, up 24% year-on-year. In the first six months of 2026, export value totaled USD 2.35 billion, an increase of 14.2% compared with the same period last year. Growth was driven mainly by the Chinese market and the strong performance of lobster exports, while shrimp exports continued to face pressure from U.S. tariffs and rising logistics costs.

Vietfish 2026 Hosted Buyer Program: connecting international buyers with Vietnam's value-added seafood supply hub

 |  15:21 24/07/2026

(seafood.vasep.com.vn) As part of Vietfish 2026, the Hosted Buyer Program is designed as a specialized B2B matchmaking initiative for selected international buyers, providing opportunities to meet directly with Vietnamese seafood exporters, gain the latest market insights, and experience Vietnam's seafood supply chain firsthand.

Ca Mau launches low-carbon shrimp branding project

 |  08:25 24/07/2026

(seafood.vasep.com.vn) A project titled "Sustainable Shrimp Industry Governance" has been launched in Ca Mau Province with the aim of supporting the transition of the province's shrimp industry toward higher quality, lower emissions, stronger governance capacity, improved supply chain traceability, and the development of a sustainable shrimp brand that meets the increasingly stringent requirements of export markets.

Khanh Hoa promotes disease-free golden pompano seed production for industrial marine aquaculture

 |  18:59 22/07/2026

(seafood.vasep.com.vn) Khanh Hoa Provincial Agricultural Extension Center, in collaboration with the Northern Center for Marine Aquaculture Research and the Van Hung Public Service Center, recently organized a training course on disease-free golden pompano seed production. The program is part of a National Agricultural Extension Project aimed at developing industrial-scale seed production models to support sustainable marine aquaculture.

Vietnamese pangasius: from export recovery to the need for upgrading the value chain

 |  14:46 20/07/2026

(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.

Vinh Long accelerates the development of high-tech shrimp farming

 |  08:29 19/07/2026

(seafood.vasep.com.vn) The application of high technology in shrimp farming is delivering positive results in the coastal areas of Vinh Long Province, contributing to improved production efficiency and creating significant potential for further industry expansion. However, to fully capitalize on this potential, the province is focusing on aquaculture zoning, infrastructure investment, and promoting modern, sustainable production.

Đồng Tháp strengthens efforts to tackle illegal fishing

 |  08:12 18/07/2026

(seafood.vasep.com.vn) Đồng Tháp Province has intensified efforts to curb illegal fishing by strengthening vessel monitoring, law enforcement and seafood traceability.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC