From 2018 to 2022, in the top 6 import markets, only Australia has continuously increased seafood import turnover from Vietnam. From 197 million USD in 2018 seafood exports to Australia increased by 85% to 365 million USD in 2022. The proportion of the Australian market therefore also increased from 2.2% to 3.3% of Vietnam's total seafood exports.
The opening of the Australian market together with tariff incentives from the CPTPP free trade agreement has brought about an opportunity to increase Vietnam's seafood exports to Australia in recent years.
Breaking through and accounting for the largest proportion of products exported to Australia after 4 years is vannamei shrimp. In 2022, the export of this product to Australia reached 259.5 million USD, up 171% compared to 112 million USD in 2018, before the CPTPP agreement took effect.
Shrimp revenue accounted for 71% of Vietnam's seafood export value to Australia in 2022, compared to 49% in 2018.In contrast, pangasius exports to Australia decreased from 24% to 10%. From 2018 - 2022, Vietnam's pangasius exports to Australia decreased by 18%, from $47 million to $38 million.
Among the top 3 seafood products exported to Australia, barramundi accounts for 6% of export sales with a value of nearly 21 million USD in 2022. Vietnam's barramundi exports are mainly farmed products of Australis company in Vietnam.
Vietnam is holding the No. 1 position in the Australian seafood market, accounting for 23% of Austria's seafood imports in 2022. This proportion is much higher than 13% of 5 years ago, showing a strong breakthrough of Vietnam's seafood products in Australia, thanks to the good trade cooperation relationship and FTA agreements with Australia, including AANZFTA, CPTPP and RCEP.
Especially, after the CPTPP agreement came to effect, seafood products such as shrimp, pangasius and marine products imported from Vietnam into Australia has enjoyed a tax rate of 0%.
In the first quarter of 2023, Vietnam's seafood exports to Australia reached 63 million USD, down 32% over the same period last year. In which, whiteleg shrimp exports decreased by 34%, pangasius exports decreased by 26%, seabass decreased by 34%...
In the context of 2023, the Australian market is also not immune to the impact of the food inflation spiral, causing consumption to be affected and reduced.
Hopefully, after the Australian diplomatic delegation’s visit to Vietnam, seafood exports from Vietnam to Australia will rise to a new high, whereby not only shrimp but also pangasius and seafood to this market will grow stronger.
(seafood.vasep.com.vn) Vietnam’s seafood exports reached $989.5 million in November 2025, up 64.6% year-on-year. The robust monthly performance played a pivotal role in driving the total export turnover for the first 11 months of 2025 to $10.5 billion, representing a 19% increase compared with the same period in 2024.
(vasep.com.vn) Vietnam’s crab exports reached USD 81 million in the first 11 months of 2025, with the United States accounting for more than 82% of total value. While newly imposed reciprocal tariffs and the enforcement of provisions under the U.S. Marine Mammal Protection Act (MMPA) pose significant challenges for Vietnam, the European Union is emerging as a promising growth market.
(seafood.vasep.com.vn) The Ca Mau Department of Agriculture and Environment has recently issued a plan to develop specialized crab raw material zones serving official export channels, covering a scale of around 50,000 hectares. This marks a significant shift in the sea crab industry towards professional production aligned with market requirements.
(seafood.vasep.comvn) According to the Tay Ninh Statistics Office, fisheries output in the province fell significantly in November 2025 due to the impact of storms and heavy rainfall, which delayed harvesting activities, particularly for pangasius.
(seafood.vasep.com.vn) The year 2025 marks the 30th anniversary of the normalization of diplomatic relations between Vietnam and the United States (1995–2025). In parallel with the nation's progress in international economic integration, bilateral seafood trade has followed a remarkably impressive growth trajectory, expanding from an initial scale of just tens of millions of US dollars to nearly $2 billion annually. This growth has positioned the United States as Vietnam’s largest seafood export market for many consecutive years.
(seafood.vasep.com.vn) On December 12, 2025, the Vietnam Association of Seafood Processing and Export (VASEP) issued document 231/CV-VASEP regarding strengthening measures to combat IUU fishing and working with the Government to lift the EC's IUU yellow card warning.
(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.
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