Tag: Vietnam seafood exports

Given that the Middle East offers relatively healthy profit margins for pangasius and certain value-added product lines, the sharp rise in logistics costs could fundamentally alter the profit structure of the entire supply chain.

Amid intensifying competition, experts suggest that the most viable path for Vietnamese shrimp exporters is to increase the proportion of deep-processed products, reduce reliance on frozen raw shrimp, and maximize tariff preferences provided by the EVFTA.

With an export volume of 24,067 tons, accounting for approximately 34.5% of the market share in China, Vietnam has risen to the top position in green lobster exports to this market.

A strong recovery in demand from China, ASEAN, and Japan has propelled pangasius to the top of the seafood growth charts, continuing the upward momentum seen in 2025.

The year 2025 stands as a breakthrough year for Vietnamese tilapia, with the US emerging as the primary engine of growth.

After overtaking China in the first quarter of 2025 to claim the 4th spot, Vietnam officially secured its 3rd place position by the end of the year.

China remained Vietnam's top trading partner with a 22.3% market share. The United States ranked second at 20.6%, followed by Japan at 7.1%.

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%.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the country's seafood exports reached $9.5 billion, marking a 16% increase compared to the same period in 2024.

The United States remains the largest importer of Vietnamese tilapia, accounting for 62% of Vietnam's total tilapia export value.