Accordingly, accumulated Vietnam seafood export in the first 5 months of 2022 brought a turnover of over 4.6 billion USD, going up 42% over the same period in 2021.
Seafood exports in May 2022 have slowed down slightly compared to the previous month mainly due to the reduction in shrimp export. While April has experienced a dramatic increase of 47%, shrimp exports in May reached US$416 million, an increase of 19%. By the end of May, shrimp exports were estimated at about US$1.8 billion, up 38%, accounting for 39% of the total turnover of seafood exports.
Some enterprises state that shrimp exports in the first four months increased dramatically for four reasons. First, demand significantly recovered after the Covid pandemic; Secondly, the raw materials are available thanks to the reserve and inventory sources in 2021. Third, many enterprises succeeded in signing contracts with high prices at the end of last year in the complex development of Covid 19. Fourth, global inflation in food and seafood has led to higher prices of exported shrimp. Finally, Vietnamese enterprises are gradually returning to international seafood fairs in the US and EU, etc.
However, the unfavorable weather from the beginning of May would be a disadvantage for farmed shrimp. The first rain of the season comes earlier than usual, affecting shrimp production and signaling a negative sign in the source of shrimp materials. In May and the next few months, it is likely that shrimp materials supply will be in a shortage. Besides, the shrimp demand in some main import markets tends to slow down after a strong increase from the end of 2021 until now. Therefore, shrimp exports in the second quarter are expected to grow slower than in the first quarter.
Pangasius exports in May increased by 65% to 245 million USD, also a lower growth compared to April. However, accumulated pangasius exports in the first 5 months of the year remain at a high growth rate of nearly 90%, equivalent to over 1. 2 billion USD. This year, the record of the price inflation of food and seafood in the world is an advantage for Vietnam's pangasius exports. Pangasius exports grow sharply, especially in the US, EU, and China markets.
Tuna exports still maintained a high growth rate of 41% in May 2022, reaching over US$93 million. By the end of May 2022, tuna exports reached $461 million, an increase of 58% over the same period in 2021. Exports of other marine products such as cephalopods crabs, and mollusk shells are all going up but still lower than in April.
Moreover, the continuous war situation in Russia will affect economic sectors, including fishing, and the scarcity of raw materials consequencing from the high cost of fishing. Therefore, the source of marine materials for export processing will be the current difficult problem for enterprises.
|
Seafood export in the first 5 months of 2022 (US$ mil.) (Estimated) |
|||||
|
Products |
May/2022 |
Growth (%) |
Jan- May/2022 |
Growth (%) |
Proportion (%) |
|
Shrimp |
416.495 |
19.3 |
1813.550 |
38.3 |
38.9 |
|
Pangasius |
245.118 |
65.1 |
1208.391 |
89.4 |
25.9 |
|
Tuna |
93.427 |
41.5 |
461.208 |
58.2 |
9.9 |
|
Other fishes |
160.345 |
8.5 |
759.565 |
7.6 |
16.3 |
|
Cephalopod |
57,548 |
11,3 |
270,358 |
25,2 |
5,8 |
|
Mollusk shells |
12,096 |
0,8 |
58,561 |
21,4 |
1,3 |
|
Other mollusks |
714 |
171,6 |
2,644 |
-34,2 |
0,1 |
|
Crab and other crustaceans |
15,766 |
9,3 |
84,611 |
46,6 |
1,8 |
|
Total |
1.001,507 |
26,8 |
4.658,888 |
42,4 |
100,0 |
Compiled by Thuy Linh
(seafood.vasep.com.vn) Biofloc technology is being piloted in several rice–shrimp farming models in Ca Mau Province, showing initial positive results in controlling pond environments, improving shrimp seed quality, and supporting sustainable aquaculture development.
(seafood.vasep.com.vn) In the first four months of 2026, Mexico, Brazil, and Colombia together contributed USD 108 million to Vietnam’s pangasius exports, accounting for around 15% of the industry’s total export turnover. Amid tightening global whitefish supply and slowing demand in several traditional markets, Latin America is increasingly becoming an important expansion destination for the sector.
(seafood.vasep.com.vn) Alongside the development of high-tech shrimp farming, Ha Tinh Province is accelerating the cultivation of high-value freshwater aquatic species, with red tilapia emerging as an effective and sustainable farming model.
(vasep.com.vn) Vietnam’s tuna exports reached USD 81 million in April 2026, down 6% compared to the same period in 2025. In the first four months of the year, export turnover totaled USD 289 million, down 4.8%. Although the overall export picture has yet to brighten significantly, market trends are becoming increasingly diversified rather than moving in a single direction.
(seafood.vasep.com.vn) Vietnam’s pangasius industry is undergoing strong restructuring starting from the broodstock and fingerling segment in order to improve productivity, quality, and export competitiveness. This is considered a critical foundation for the sustainable development of the industry amid rising production costs and increasingly stringent market requirements.
(seafood.vasep.com.vn) According to Vietnam Customs data, pangasius exports in April 2026 reached USD 206 million, up 18% compared to the same period in 2025 — marking another consecutive month of double-digit growth since the beginning of the year. Cumulative pangasius export turnover in the first four months of 2026 reached USD 720 million, up 17% year-on-year, reflecting the positive growth momentum of this key export product.
(seafood.vasep.com.vn) Vietnam’s shrimp exports in the first four months of 2026 maintained positive growth momentum, reaching approximately USD 1.5 billion, up 15% compared to the same period last year. However, behind this result lies diverging trends across markets, as the global shrimp industry continues to face pressure from inflation, high inventories, price competition, and increasing trade risks.
(seafood.vasep.com.vn) In Vinh Tuy commune (Kien Giang Province), many shrimp farmers are adopting bottom aeration systems and reporting clear economic benefits, helping increase income and reduce production risks.
(vasep.com.vn) In the first three months of 2026, Vietnam’s exports of crabs and other crustaceans reached more than USD 93 million, up 23% compared to the same period last year. The result shows that the sector is experiencing a fairly positive recovery, especially in its two key product groups: crabs and swimming crabs. However, behind the growth figures are several concerns: export markets remain highly concentrated, raw material supply is unstable, and trade barriers from the US and EU are becoming increasingly stringent.
(seafood.vasep.com.vn) In Ca Mau province, many farmers are transitioning from traditional methods to high-tech shrimp farming, adopting recirculating systems with minimal water exchange to improve efficiency and reduce risks. In Hung My commune alone, there are about 260 super-intensive shrimp farming households covering more than 265 hectares, playing a key role in local economic development.
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