Vietnam's shrimp exports reached over $1.3 billion by April 2025, up 34% year-on-year. Growth was fueled by a rush to ship to the U.S. before countervailing duties take effect, and strong demand from China, the EU, Japan, and South Korea. While China became the largest buyer, short-term risks remain. Exporters are encouraged to diversify markets, focus on value-added products, and take advantage of free trade agreements to reduce dependency and mitigate risks.

VN Seafood’s presence at THAIFEX 2025 was more than just a visit—it was a strategic action to engage with emerging global trends, explore technological innovations, and identify potential partnerships that align with our long-term vision.

Participating in international trade shows like THAIFEX is an essential part of our roadmap to expand globally while remaining true to our core values.

Vietnam's seafood exports to Thailand have surged in early 2025, especially pangasius. Thailand is now Vietnam's top seafood importer in the ASEAN region. This growth is driven by strong demand from the food service sector, geographical proximity, low transport costs, and tariff advantages under the ATIGA agreement.

Vietnam's fish cake and surimi exports reached over USD 80 million in Q1 2025, up 31% year-on-year. The products have expanded into new markets such as Russia, Spain, and the UK. With the global surimi market expected to grow significantly, Vietnam has strong opportunities to boost exports. However, the industry still faces challenges, including raw material shortages, rising costs, and unresolved export documentation issues.

Vietnam’s tuna exports reached over USD 228 million in Q1 2025, up 6% year-on-year. Growth to key markets like the U.S. and EU is slowing due to regulatory and tariff concerns. In contrast, exports to Russia, Canada, and Japan are rising. Exporters are advised to diversify markets and speed up shipments during the U.S. tariff suspension period.

Amid escalating U.S.–China trade tensions and soaring tariffs, seafood industry leaders warn that the ongoing container shortage may cause even greater disruption than the 145% tariff. The lack of containers is driving up logistics costs and hindering exports, especially across Asia and Europe.

In the first two months of 2025, Vietnam’s shrimp exports showed encouraging signs, with strong growth in key markets. China and Hong Kong emerged as the largest importers, while the US, Japan, the EU, and South Korea also maintained stable demand. Total shrimp export turnover in the first two months reached USD 605 million, up 46% compared to the same period in 2024.

In Q1 2025, Vietnam’s shrimp exports to the EU reached over US$107 million, up 33% compared to the same period last year. This strong performance reflects rising demand across Europe, effective use of EVFTA tariff preferences, and Vietnamese businesses’ efforts in product diversification.

In 2023, Vietnam's tilapia exports reached over USD 6 million, marking a 42% decline compared to 2022. The European Union (EU) remained the largest importer, accounting for USD 2 million, despite a 34% decrease. Notably, the fourth quarter saw consistent growth after a nine-month downturn. The United States followed, importing nearly USD 1 million worth of tilapia, a 71% drop from the previous year. However, December 2023 witnessed a surprising 78% month-over-month increase in exports to the U.S

Vietnam's shrimp exports in February showed mixed signals. While volumes decreased compared to January, they rose 16% year-on-year. Export prices continued to climb, largely driven by strong demand from the U.S. and China. However, challenges in pricing negotiations and tough competition from India and Ecuador are expected to slow recovery in March.