Vietnam farmed fish exports soar despite challenges
Despite facing a number of major international challenges, Vietnam’s seafood industry posted record sales of more than US $11 billion in 2025, according to the latest government figures.
Vietnam’s seafood industry posted record sales in 2025.
This represented an increase of 13% on the previous year.
Vietnam is a serious producer of farmed pangasius or basa, and farmed prawns or shrimp, which are sold into Europe, the US and China.
Shrimp took the biggest share, with global sales of US 4.65 billion, while the pangasius market last year was worth US $2.19 billion. Lobster exports more than doubled to US $817 million.
However, at the moment, Vietnamese seafood is facing major tariffs into the US, including so called anti-dumping duties, which may push up the cost of seafood for American consumers.
It gives key farmed shrimp-producing countries such as Ecuador a big advantage over its Asian rival.
According to VASEP, 2025 was one of the most challenging years for the seafood industry, marked by reciprocal tariffs, anti-dumping duties, high production costs, and increasingly strict technical barriers.
Nevertheless, Vietnam sold seafood into America worth US $1.9 billion in 2025, but the increase was just a moderate 3%.
At the moment strong demand from China is helping to balance the situation. Seafood exports last year rose by 12.5% to US 1.2 billion.
Mainland China and Hong Kong (China) remained the largest markets, with combined exports rising by 29% to US $2.45 billion.
Exports to the US were worth $1.9 billion, a modest increase of 3 per cent, while shipments to the EU bloc rose by 12.5 per cent to $1.2 billion.
Looking ahead to this year, VASEP forecast continued volatility and uncertainty, saying US tariff, trade and technical policies could prompt exporters worldwide to remain cautious and further shift markets.
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