Vietnam's seafood exports continue to surge and are expected to set a new record in 2025 with a turnover of $11.2 – 11.3 billion, driven by growth in shrimp and pangasius, according to Radio the Voice of Vietnam.
The radio quoted the Vietnam Association of Seafood Exporters and Producers (VASEP) as reporting that seafood exports in November 2025 reached nearly $990 million, a 6.6% increase compared to the same period last year, showing a positive result given the context of a globally volatile market.
Many key product groups recorded impressive growth. Shrimp reached over $385 million, up 11.7%, with both whiteleg shrimp and lobster achieving double-digit growth. Pangasius exports reached nearly $197 million, up 9.7%; while squid, marine fish, and mollusks continued their trend of improvement.
In terms of markets, exports to CPTPP markets, mainland China, Hong Kong (China), the EU, and Brazil increased strongly, while the US market saw a slight decline of nearly 5%.
Cumulatively for the first 11 months, seafood exports reached over $10.5 billion, a 14.6% increase compared to the same period in 2024. Notably, shrimp continues to be the primary growth driver with $4.31 billion (+21.2%), followed by pangasius with over $2 billion (+9%), and tuna at $855.7 million. Value-added product groups maintained double-digit growth. The CPTPP is currently the largest market, accounting for 27.2% of the total and growing by 24.3%.
Ms. Le Hang, VASEP Deputy General Secretary, assessed that the trend of accelerating shipments in November demonstrates the proactive approach of enterprises ahead of the expected implementation of new import regulations by the US. Enterprises are temporarily cautious about signing new orders while awaiting official guidance from the US side. However, shrimp exports are expected to remain stable thanks to strong demand in Japan, the EU, and the CPTPP.
Entering December, exports are forecast to dip slightly due to seasonal factors and cautious sentiment regarding trade with the US market.
Nevertheless, the outlook for the full year of 2025 remains very positive. Total seafood export turnover is forecast to reach $11.2 – 11.3 billion, an all-time high.
Google translate