Specifically, Vietnam's tuna export value accumulated in the first 3 months of the year reached over 259 million USD, up 72% over the same period in 2021, and 1.6 times higher than the same period in 2019 - before the outbreak of the Covid-19 pandemic.
Export orders of high-value frozen tuna meat/fillets with HS code HS0304 in the first three months of this year tended to increase sharply, up 123% over the same period last year, reaching $184 million. Notably, the share of the export value of this product group increased from 55% in the first quarter of 2021 to 72% in the first quarter of this year. The export of other processed tuna products, mainly frozen steamed tuna loin, also increased by 37% over the same period. Meanwhile, the export of canned tuna products observed a downward trend.
As demand was recovering, Vietnam's tuna exports to main markets continued to grow in March.
US By the end of March 2022, the total value of Vietnam's tuna exports to the US reached nearly 137 million USD, up 116% over the same period last year, in which, the export value in March 2022 reached nearly 57 million USD, up 84%. As such, the US continues to be the largest tuna export market in Vietnam. However, tuna production in the EPO region is low, which makes the supply of tuna from the Americas like Ecuador decrease. Therefore the US will increase imports from countries in other regions like Thailand or Vietnam. Therefore, it is forecasted that exports to the US market will continue to increase in the first half of this year.
EU
Tariff incentives from the Free Trade Agreement between Vietnam and the EU (EVFTA) continue to promote Vietnamese tuna products to this market in March 2022. However, the escalating freight rates are affecting exports to this market, as most shipments are exported at CFR prices. The growth rate of tuna exports to this market block is slowing down, at 10% in March 2022, with export value increasing by 14 million USD. The total export value to this market in the first three months of the year reached nearly $38 million, up 33% over the same period in 2021.
CPTPP
In contrast to the EU, tuna exports to the market bloc participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) tend to accelerate. Export value to the CPTPP market in March 2022 increased by 49%, reaching nearly 14 million USD. Accumulated in the first 3 months of the year, the export value reached 30.4 million USD, up 40% over the same period. The export value to Canada reached 14 million USD, up 70%; to Mexico reached 4.3 million USD, up 79%; to Chile reached 2.4 million USD, up 71%. However, exports to Japan continued to decline by 20% y-o-y, reaching 6 million USD.
In addition to the above main export markets, the value of tuna exports to other potential markets such as the UAE, the Dominican Republic, and Panama also grew well over the same period last year.
Tuna exports are expected to continue to grow in the coming months. However, exports are facing a shortage of raw materials, high prices of raw tuna, increased sea freight... Therefore, businesses are still heavily affected despite the higher y-o-y growth. All in all, this recovery is just the beginning.
Compiled by Minh Trang
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn
