Among Vietnam's tuna exports to this market, Vietnam's exports volume of tuna meat/loin with HS code 0304 increased, but the growth rate tended to slow down. Canned tuna exports also increased slightly over the same period. Meanwhile, exports of fresh and frozen tuna under HS03 code (except HS code 0304) and other processed tuna with HS code 16 to Vietnam continued to decline.
Germany, Belgium and the Netherlands are the top 3 EU countries in terms of tuna imports from Vietnam in the first half of 2022. While Vietnam's tuna exports to Belgium and the Netherlands continued to maintain a high growth rate in the past 3 months, exports to Germany decreased continuously. This made tuna exports to the German market in the first half of 2022 decreased by 1.8% compared to the same period in 2021.
Europe's euro has just suffered a "major shock" when its exchange rate fell to parity with the dollar for the first time in 20 years. EU countries are concerned about the possibility that Russia can cut off automatic gas supplies to Europe and make the region fall at any time. This will affect the entire economy, including the fishing industry and processed tuna of the EU countries.
According to a report released by the European Union's (EU) data statistics agency Eurostat, consumer prices in the 19 countries that use the euro rose 8.6% in June, while the figure in this region a month ago was recorded at 8.1%. In which, the group of food items increased by 8.9%, showing that inflation is spreading in the euro area. Despite record inflation, the European Central Bank (ECB) did not raise interest rates in Q2/2022. This delay caused the euro to depreciate against the US dollar. The price of tuna products increased due to higher costs of necessary goods, a strong dollar may cause the final tuna products to be imported into the EU from countries outside the bloc such as Vietnam, the Philippines, Ecuador,... more expensive. This has affected Vietnam's tuna exports to EU countries in the past 3 months.
In addition, according to enterprises, usually the first months of the year are a favorable time to increase export orders to EU markets due to the impact of agreements on preferential tariffs under the Free Trade Agreement between Vietnam and EU (EVFTA). However, this year, due to the high price of petrol, it affected the tuna catch of the whole country, causing a decrease in the supply of raw tuna to ensure the rules of origin under the FTA. All these factors are holding back the growth of Vietnam's tuna exports to this market. It is expected that tuna exports to the EU will continue to decelerate in the coming months.
Compiled by My Hanh
(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.
(seafood.vasep.com.vn) Vietnam is stepping up efforts to combat illegal fishing, protect marine ecosystems, expand digital monitoring, and develop science-based management to ensure the sea can support communities and the economy for generations to come.
(seafood.vasep.com.vn) The EU remains a critical market for Vietnamese shrimp; however, purchasing demand and import patterns are undergoing notable changes. According to Vietnam Customs data, as of September 15, 2026, Vietnam’s shrimp exports to the EU reached nearly $374 million, down 5% year-over-year and accounting for 10.7% of the country’s total shrimp export value. Meanwhile, the EU’s stotal shrimp imports through July 2026 contracted by 7% in volume, exhibiting divergent trends across Southern Europe, Northwestern Europe and Eastern Europe. These dynamics necessitate that Vietnamese enterprises closely monitor individualized market demand, rather than approaching the EU as a monolithic consumer block.
(seafood.vasep.com.vn) In the first eight months of 2026, Vietnam’s exports of surimi and fish cakes remained relatively stable year-over-year compared to 2025. Following a contraction in the initial months, export performance demonstrated improvement from June onward, peaking in August. However, the recovery has been uneven, characterized by divergent trends across major markets: robust growth was recorded in China, Japan, Malaysia, the United States, and Taiwan, whereas export volumes to South Korea, Indonesia, and select European markets contracted.
(seafood.vasep.com.vn) Pangasius remains one of Dong Thap’s key aquaculture species, with the province focusing on developing an integrated value chain covering seed production, commercial farming, deep processing and by-product utilization. The province is promoting high-tech, circular pangasius farming models featuring reduced water exchange and enhanced biosecurity, aiming to improve production efficiency and strengthen control over raw material quality.
(vasep.com.vn) Vietnam’s seafood exports in September 2026 are estimated at US$1.135 billion, up 11.9% year-on-year, bringing total exports in the first nine months of the year to US$9.103 billion, up 11.4%. Behind this double-digit growth, however, increasingly divergent market trends are emerging: China–Hong Kong and ASEAN posted strong growth, while the U.S., EU and Japan all recorded declines in September.
(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.
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