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) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
(seafood.vasep.com.vn) In the first four months of 2026, Vietnam’s tilapia exports reached USD 49 million, up 151% compared to the same period in 2025. This impressive growth reflects positive momentum in the tilapia sector, with Brazil emerging as a key driver of growth, while frozen tilapia fillets continued to be the industry's leading export product.
(seafood.vasep.com.vn) Vietnam’s tuna exports to the UK have shown positive signs in the first months of 2026. While the UK’s overall tuna imports from the world declined, imports from Vietnam increased strongly, indicating that there is still room for Vietnam to expand its market share. However, behind this growth, competitive pressure remains intense, especially as the UK continues to be a major market for established suppliers such as Ecuador, Mauritius, and Ghana.
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(seafood.vasep.com.vn) In the first four months of 2026, Mexico, Brazil, and Colombia together contributed USD 108 million to Vietnam’s pangasius exports, accounting for around 15% of the industry’s total export turnover. Amid tightening global whitefish supply and slowing demand in several traditional markets, Latin America is increasingly becoming an important expansion destination for the sector.
(seafood.vasep.com.vn) Alongside the development of high-tech shrimp farming, Ha Tinh Province is accelerating the cultivation of high-value freshwater aquatic species, with red tilapia emerging as an effective and sustainable farming model.
(vasep.com.vn) Vietnam’s tuna exports reached USD 81 million in April 2026, down 6% compared to the same period in 2025. In the first four months of the year, export turnover totaled USD 289 million, down 4.8%. Although the overall export picture has yet to brighten significantly, market trends are becoming increasingly diversified rather than moving in a single direction.
(seafood.vasep.com.vn) Vietnam’s pangasius industry is undergoing strong restructuring starting from the broodstock and fingerling segment in order to improve productivity, quality, and export competitiveness. This is considered a critical foundation for the sustainable development of the industry amid rising production costs and increasingly stringent market requirements.
(seafood.vasep.com.vn) According to Vietnam Customs data, pangasius exports in April 2026 reached USD 206 million, up 18% compared to the same period in 2025 — marking another consecutive month of double-digit growth since the beginning of the year. Cumulative pangasius export turnover in the first four months of 2026 reached USD 720 million, up 17% year-on-year, reflecting the positive growth momentum of this key export product.
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