Rising energy prices and shipping disruptions linked to tensions in the Middle East — particularly around the Strait of Hormuz — are increasing fuel, insurance, and logistics costs across global trade. For the seafood industry, higher transportation and cold-chain expenses are putting pressure on prices and demand, especially in the United States, a market heavily dependent on imports where consumers are becoming increasingly sensitive to rising seafood prices, particularly shrimp.
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How the Middle East Conflict Is Putting Pressure on the Global Seafood Market
Middle East conflict is driving up fuel and logistics costs, disrupting global seafood supply chains, increasing production and transport expenses, and potentially reducing demand—creating long-term pressure on the seafood industry.
Squid and Octopus Exports Show Positive Growth in Early 2026, Despite Ongoing Challenges
Vietnam’s squid and octopus exports reached over USD 111 million in the first two months of 2026, up 23% year-on-year, with squid leading the growth. Asian markets remain the key drivers, especially South Korea, Japan, China, and Thailand, while exports to the EU declined. Despite positive momentum, the industry faces challenges such as rising logistics costs, unstable raw material supply, and the EU’s IUU “yellow card.
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How the Middle East Conflict Is Putting Pressure on the Global Seafood Market
Middle East conflict is driving up fuel and logistics costs, disrupting global seafood supply chains, increasing production and transport expenses, and potentially reducing demand—creating long-term pressure on the seafood industry.
Squid and Octopus Exports Show Positive Growth in Early 2026, Despite Ongoing Challenges
Vietnam’s squid and octopus exports reached over USD 111 million in the first two months of 2026, up 23% year-on-year, with squid leading the growth. Asian markets remain the key drivers, especially South Korea, Japan, China, and Thailand, while exports to the EU declined. Despite positive momentum, the industry faces challenges such as rising logistics costs, unstable raw material supply, and the EU’s IUU “yellow card.
Middle East Conflict Shakes Global Fresh Fish Trade
The conflict in the Middle East has disrupted key air and sea transport routes, severely affecting the global seafood logistics system. As a result, the fresh fish trade is among the most impacted sectors, with supply disruptions already pushing prices upward in some Asian markets.
Major Shipping Lines Suspend Operations Through the Strait of Hormuz
Escalating tensions in the Middle East have prompted leading global shipping companies such as Maersk, MSC, Hapag-Lloyd, and CMA CGM to simultaneously announce the suspension of operations through the Strait of Hormuz—a vital maritime route that transports nearly 25% of the world’s oil supply.
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Why Did China Strongly Increase Imports of Vietnamese Lobster?
In 2025, China sharply increased lobster imports from Vietnam due to strong demand for premium seafood, especially during festive seasons and economic recovery. Favorable trade policies, 0% tariffs under ACFTA and RCEP, and Vietnam’s quick adaptation to China’s quarantine regulations made Vietnamese lobster more competitive. Combined with expanded farming capacity and reduced competition from Australia and North America, Vietnam emerged as a leading lobster supplier to China.
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