In August 2022, seafood export turnover reached nearly 1 billion USD, up 68% over the same period last year and up 6% over the previous month.
Exports of all major aquatic products in August were higher than in the previous month. In which, shrimp reached nearly 400 million USD, pangasius nearly 195 million USD, tuna reached over 91 million USD, octopus and squid reached 75 million USD, the rest was fish and other marine products.
As of the end of August, Vietnam's seafood export has earned 7.67 billion USD in foreign currency, up 38% over the same period in 2021. 40% of which is the export value of the shrimp industry with over 3 billion USD, up 24%. Pangasius brought in a record export value of 1.8 billion USD, accounting for 23.5%.
Tuna exports were 55% higher than the same period last year, reaching $729 million. Export of products from other marine fishes brought in a turnover of 1.35 billion USD, up 23%. Products such as anchovies, scads, salmon, and surimi contributed to sales of $100-300 million in the past 8 months.
Exports of most aquatic species have grown by 2-3 digits in the past 8 months, especially lobster exports with a breakthrough of over 132 million USD, up nearly 6 times over the same period last year.
However, there are still a few products that have slowed down or reduced export turnover in August and the first 8 months of the year. In which, saba fish exports decreased by 6% in 8 months, fish sauce exports decreased by 9%...
Compared to the low starting point of August 2021, seafood exports to all markets recorded a very high growth in August this year, except for Spain and Ukraine, which decreased by 13% and Ukraine by 92% respectively.
Pangasius is the outstanding products this year with a record export turnover of more than 1.8 billion USD
Export results in 8 months to all markets increased significantly over the same period, except for Russia, which decreased by 13%. The top 10 largest markets including the US, Japan, China, South Korea, Canada, Australia, Thailand, the UK, the Netherlands and Germany all experience double-digit growth, except for the UK, which only increased slightly by 2%.
Markets with high growth rates of over 50% in the past 8 months include China up 82%, Canada up 72%, Australia up 50%, Netherlands up 52%, Belgium up 80%...
2022 is the year for pangasius enterprises, sales of enterprises have increased over the same period. In the first 8 months of 2022, Vinh Hoan Corp ranked first in the country in terms of seafood and pangasius export turnover with nearly 294 million USD, up 70% over the same period last year. Many other pangasius enterprises have increased their export sales, such as Bien Dong Seafood up 36%, Nam Viet up 52%, VDTG FOOD up 50%...
Shrimp and other marine products enterprises are also flexible and take advantage of market opportunities to promote export. STAPIMEX increased its export value to 240 million USD, and ranked in the top 3 exporters. Next are Minh Phu seafood Corp, CASES, FIMEX VN, Thuan Phuoc, which all increased their sales from 19-47%.
Many seafood enterprises such as HAVICO, DRAGON WAVES FROZEN FOOD FACTORY COMPANY LIMITED, Bidifisco, HAI NAM Co.,Ltd all increased sales by 19-56% over the same period.
This is the general picture of Vietnam seafood exports in the first 8 months of 2022. It is expected that the market in the last months of the year will be more favorable for Vietnam seafood exporter.
Compiled by Thuy Linh
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(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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