Currently, Vietnam's fish cake and surimi products are exported to 34 markets worldwide. Among them, South Korea, Thailand, China and Hong Kong, Japan, and the EU are the top five importers of these products from Vietnam. Overall, compared to the same period in 2023, exports of fish cakes and surimi to most markets have decreased, except for the EU.
Thanks to preferential tariffs in the early months of the year under the Vietnam-EU Free Trade Agreement (EVFTA), Vietnam's fish cake and surimi products are gaining market share in the EU bloc. The export value of these products to the EU in the first five months of 2024 reached nearly USD 8 million, an increase of 51% compared to the same period in 2023.
Within the EU market, Lithuania, Italy, and France are the three largest importers of Vietnam's fish cakes and surimi. Compared to the first five months of 2023, exports of fish cakes and surimi to Lithuania and Italy have skyrocketed by 141% and 103%, respectively, while exports to France have decreased by 45%.
The demand for fish cakes and surimi is increasing. However, the surimi industry is facing challenges such as the preservation process of caught fish, environmental wastewater, and a skilled labor shortage. If these issues are resolved, Vietnam's fish cake and surimi exports will continue to grow.
(seafood.vasep.com.vn) On October 31, 2026, in Hanoi, Sa Giang Import-Export Corporation, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), was awarded the Top 30 Outstanding Cultural and Reputable Enterprises of 2026 certificate by the Vietnam Chamber of Commerce and Industry (VCCI). This group represents the most distinguished companies among the 100 enterprises honored at the “Cultural and Reputable Enterprises 2026” announcement ceremony.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s pangasius exports to the EU reached approximately $148 million, up 12% compared to the same period in 2025. In September 2026 alone, export turnover to this market hit $18 million, a 27% year-on-year increase. Despite diverging demand across member states, the EU remains a market with growth potential for Vietnamese pangasius, particularly as supplies of several traditional whitefish species face mounting pressure.
(seafood.vasep.com.vn) Vietnam’s tuna exports to the US are showing a clear recovery after a difficult start to the year. However, the rebound is taking place against a backdrop of declining US tuna imports and a shifting supply structure, posing new challenges for Vietnamese businesses.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s shrimp exports to Japan reached US$440.9 million, up 6.4% year on year. This result is noteworthy as Japan’s total shrimp imports continued to decline slightly and competition among suppliers intensified. Demand for convenience foods and processed products continues to create opportunities for Vietnamese exporters, but capitalizing on these opportunities requires stronger competitiveness and the ability to meet increasingly specific market requirements.
(vasep.com.vn) After slowing in the first months of the year, Vietnam’s tuna exports have shown a clear improvement since June 2026. However, behind September’s double-digit growth lies a notable reality: export value is recovering, but pressures from markets, trade policies, and competition among suppliers remain.
(vasep.com.vn) Vietnam’s pangasius export value reached US$1.7 billion in the first nine months of 2026, up 11% year on year. In September alone, exports totaled US$210 million, an increase of 16%. China, the United States, and Brazil were the three largest markets, accounting for 49% of total export value. While China and Brazil maintained their growth momentum, exports to the US remained below the level recorded in the same period last year.
(vasep.com.vn) On November 11, 2026, in Can Tho, the Vietnam Association of Seafood Exporters and Producers (VASEP) will organize the Vietnam Seafood Summit 2026 (VSS 2026) under the theme “Seafood Market Outlook 2027–2029: Opportunities and Headroom for Double-Digit Export Growth.”
(seafood.vasep.com.vn) Business leader Do Ngoc Tai, General Director of Tai Kim Anh Seafood Processing Joint Stock Company, was honored by the Vietnam Chamber of Commerce and Industry (VCCI) with the title “Outstanding Vietnamese Entrepreneur – Thanh Giong Cup 2026” at a ceremony celebrating Vietnam Entrepreneurs’ Day (October 13). The event took place on the evening of October 11, 2026, at the National Convention Center in Hanoi.
(vasep.com.vn) The global tilapia market is becoming increasingly segmented, not only among producing countries but also by product type and destination market. Supply is divided into groups with distinct competitive advantages: large volumes of whole fish and frozen fillets from Asia, high-value fresh fillets from Latin America, and substantial domestic consumption in several major producing countries.
(vasep.com.vn) Vietnam’s tuna exports to the UK grew in the first eight months of 2026, despite signs of slowing import demand in the market. However, sharp fluctuations in orders, competition from major suppliers, and new traceability requirements are creating challenges for Vietnamese exporters.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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