By October 2022, shrimp exports reached nearly $3.8 billion, up 18%. Shrimp exports in 2022 are expected to reach over $4.4 billion, up 14% compared to 2021. The main export shrimp products are vannamei shrimp, accounting for 75% with over $3.2 billion, black tiger shrimp accounting for about 13% with nearly 1.5 billion USD.
In 2022, inflation and the Russia-Ukraine conflict have helped affordable white fish such as pangasius increase export sales. Most markets have increased by 40-200% of Vietnam's pangasius imports.
Pangasius exports by the end of October 2022 reached nearly 2.1 billion USD, up 77% compared to the same period in 2021. It is expected that in 2022, pangasius exports will reach over 2.4 billion USD, up 49% compared to the same period in 2021.
Tuna exports by the end of October were estimated at US$884 million, up 49% over the same period. In 2022, for the first time, tuna will become an export commodity of over 1 billion USD.
Taking advantage of domestic and imported raw materials, tuna businesses process a variety of products and promote the export of frozen loin/fille and canned tuna and flexibly follow market trends in the current period (Covid, inflation, etc).
As of October 2022, exported cephalopod products have achieved sales of 630million USD, up 33%. It is estimated that in 2022, the export of this product will reach 760 million USD, up 25% compared to 2021.
By the end of November, Vietnam's seafood exports are expected to reach more than 10 billion USD - a historical record of Vietnam's seafood industry in more than 20 years.
The seafood industry in 2022 is estimated to account for 3% of Vietnam's total merchandise exports. Compared to the total export turnover of other economic sectors, the fisheries sector contributes nearly 12% of the value. While the proportion of the group of agricultural, forestry and fishery products in general is decreasing by 0.6% points, the aquatic products industry has increased by 0.4% points. This result reflects a breakthrough and the increasingly important role of the fishery industry in the GDP of the whole country, especially in the export of agricultural, forestry and fishery products.
On the world seafood export map, Vietnam is currently the third largest exporting country, just behind China and Norway - two superpowers with a much larger land and water surface area than Vietnam. With the results of 2022, it is estimated that Vietnamese seafood will account for over 7% market share in the world market.
Compiled by Thuy Linh
(seafood.vasep.com.vn) Lobster exports to China continued to surge in the first half of this year, putting the lobster industry on the verge of reaching an export value exceeding $1 billion.
(seafood.vasep.com.vn) More than five years after the UK-Vietnam Free Trade Agreement (UKVFTA) took effect, Vietnamese seafood is steadily expanding its market share in the United Kingdom, one of Europe’s major seafood import markets with stable and diverse consumer demand.
(seafood.vasep.com.vn) At Van Hung Commune, Khanh Hoa Province, the Khanh Hoa Agricultural Extension Center, in collaboration with the Northern Aquaculture Research Center and the Van Hung Public Service Center, organized a technical training course on the industrial-scale production of disease-free golden pompano (Trachinotus falcatus) seed for local marine fish farmers.
(seafood.vasep.com.vn) Vietnam’s squid and octopus exports maintained a strong recovery in the first five months of 2026, reaching more than USD 302 million, up 17% compared to the same period in 2025. Growth was primarily driven by Asian markets, including South Korea, Japan, Thailand, and China, while exports to the United States and the European Union continued to face headwinds from cautious consumer demand and increasingly stringent compliance requirements.
Vietnamese seafood giant Minh Phu Group has inaugurated a VND1.5 trillion (US$57.4 million) seafood processing plant in Ca Mau Province.
(vasep.com.vn) From 19–21 August 2026, the Vietnam International Seafood Exhibition (Vietfish 2026) will take place at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Under the theme "Innovation – Sustainability", Vietfish 2026 continues to serve as Vietnam's flagship annual seafood event, bringing together seafood producers, exporters, importers, buyers, industry experts, government agencies, and stakeholders from across the domestic and global seafood value chain.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in May 2026, reaching USD 14 million, up 18% compared with the same month last year. Cumulative export value for the first five months of 2026 totaled USD 62 million, representing a remarkable 101% increase over the same period in 2025, highlighting the sector’s strong recovery in international markets.
(seafood.vasep.com.vn) Vietnam’s tuna exports reached USD 367 million in the first five months of 2026, down 7% compared to the same period in 2025. While the decline is not yet severe, the more concerning issue is that pressure is mounting in key markets such as the United States and the European Union, just as ocean freight rates are rising sharply on long-haul routes. The current situation is therefore not merely about slower orders, but rather a clear restructuring phase for Vietnam’s tuna industry.
(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.
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