Currently, more than 20 countries are exporting this group of products to the US market. In which, Indonesia, Vietnam and Thailand are the three largest tuna suppliers, accounting for 76% of the total value of frozen tuna meat/loin import to the US.
In the first 5 months of 2023, the average import price of frozen tuna meat/loin into the US was US$12,756/ton, down 7% compared to the same period last year. Among the suppliers, Vietnam had the lowest export price at US$11,122/ton, down 16% over the same period. Despite the competitive pricing, Vietnamese enterprises were unable to increase their market share in the US, as their exports decreased by 60% in volume compared to the same period in 2022.
Vietnam's frozen tuna meat/loin exports to the US down 60%
Along with Vietnam, Indonesia, Thailand and the Philippines are also adjusting export prices to the US market, down 6%, 3% and 11% respectively. However, only Thailand can increase exports to this market over the same period, up 8% in volume, Indonesia and the Philippines also saw declines of 19% and 48%.
Economic instability has caused food prices in the US to rise. American people, especially the low-income class, had to change their diets and food purchase channels. There has been a trend that many consumers consider choosing chicken, beef or pork instead of seafood. More and more people are choosing to buy home-cooked food to save money, And this is affecting US tuna imports in the first period of 2023.
|
Average IMPORT price of frozen tuna meat/loin into the US, January-May 2023 (USD/ton) |
|||||
|
|
Jan |
Feb |
Mar |
Apr |
May |
|
Average price |
13,597 |
12,680 |
12,893 |
12,300 |
12,215 |
|
Vietnam |
11,791 |
11,803 |
10,625 |
10,902 |
10,454 |
|
Indonesia |
13,972 |
11,778 |
12,659 |
11,903 |
12,030 |
|
Thailand |
11,640 |
11,575 |
12,879 |
12,139 |
11,148 |
|
Philippines |
16,836 |
17,705 |
17,926 |
15,284 |
16,000 |
Compiled by Thuy Linh
(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.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
(seafood.vasep.com.vn) In 2025, the fisheries sector continued to stand out as a bright spot in Ca Mau’s economic landscape, maintaining positive growth in both output and value.
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