Latest updates on market, policy and trends in Vietnam seafood export industry
According to VASEP, seafood exports in March 2026 reached $927M, up 5% YoY. Q1 cumulative reached $2.64B. China & Hong Kong led with $764M, up 45%.
Seafood exports to China in March 2026 exceeded $250M, up over 50%. Live lobster benefits from market gap due to Canadian tariff changes.
US DOC announced POR19 with new tariff rates. Q1 exports to US down over 10% due to weak demand and technical barriers.
Tilapia export value in Q1/2026 estimated at $35M, up about 190% YoY. Brazil opened market for Vietnamese tilapia.
VASEP forecasts Q2/2026 to continue positive growth but with clear divergence. ASEAN, Australia, Taiwan and emerging markets maintain growth.
Agriculture, forestry and fisheries target $74B in exports for 2026. Seafood industry aims for sustainable development with traceability.
2.64
Billion USD Q1/2026
+8%
Q1 Growth
+45%
China Market
74
Billion USD target 2026