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) On February 4, a working delegation led by the Authority of Telecommunications (Ministry of Science and Technology) met with the Management Board of Cat Lo Fishing Port (Phuoc Thang Ward, Ho Chi Minh City) to comprehensively review the installation of Vessel Monitoring Systems (VMS), assess signal connectivity, and evaluate the effectiveness of information technology applications in fisheries management across the city.
(seafood.vasep.com.vn) The year 2025 marked a significant milestone for China’s lobster market, with total imports reaching a record high and the supply structure undergoing major changes. Amid this surge, Vietnam’s lobster exports—especially green lobster—accelerated dramatically, reaching new highs and contributing substantially to Vietnam’s overall record shrimp export value.
(seafood.vasep.com.vn) With a range of synchronized solutions, from institutional improvements and strengthened communication to strict fleet control, Quang Ninh is stepping up efforts to combat illegal, unreported and unregulated (IUU) fishing, determined to join the country in soon having the European Commission’s (EC) “yellow card” lifted.
(seafood.vasep.com.vn) The year 2025 closed with a remarkable milestone for Vietnam’s shrimp industry. According to Vietnam Customs, the country’s total shrimp export turnover in 2025 reached USD 4.6 billion, up 19% compared to 2024 and the highest level ever recorded.
(seafood.vasep.com.vn) During the 2026–2030 period, Quang Tri province aims to convert 771 fishing vessels currently engaged in activities detrimental to marine resources and the ecological environment to more environmentally friendly fishing practices or shift entirely to other economic sectors.
(seafood.vasep.com.vn) 2025 recorded a breakthrough growth in Vietnam’s tilapia exports, in which the U.S market emerging as the primary growth driver. The total export turnover of Vietnamese tilapia to the United States reached $53.15 million during the year, surging 173% year-on-year and accounting for 54% of Vietnam’s total tilapia export value, thereby making the U.S the largest import market for this commodity. Compared to 2024, tilapia exports to the U.S posted robust growth, reflecting the import demand as well as the ability of Vietnamese enterprises to capitalize on market opportunities amidst volatile global competitive dynamics.
(seafood.vasep.com.vn) After two consecutive years of decline, Vietnam’s fish cake and surimi exports rebounded in 2025. Export turnover of this product group exceeded USD 344 million, up 15% year-on-year compared with 2024 and 13% higher than 2023, although still below the peak level recorded in 2022.
(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
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