VINAGRI News - According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam’s seafood exports in September 2025 reached nearly USD 991 million, marking a 7.5% increase compared to the same period last year.
Summary:
> September 2025 exports: USD 991 million, +7.5% year-on-year
> 9-month cumulative value: USD 8.33 billion, +15.5% year-on-year
> Shrimp: USD 3.38 billion, +20.3%
> Pangasius (tra fish): USD 1.6 billion, +10%
> China & Hong Kong: Leading market with USD 1.76 billion, +32.1%
> U.S.: USD 1.41 billion, +6.8%, but showing signs of slowdown
> Japan, EU, South Korea: Maintain solid growth
> ASEAN, Middle East: Emerging as promising destinations
In the first nine months of 2025, total export turnover hit USD 8.33 billion, up 15.5% year-on-year.
Shrimp remained the leading export, contributing almost USD 410 million in September and accumulating over USD 3.38 billion in the nine months, up 20.3%. Growth was mainly driven by stable demand from the U.S., Japan, and the EU, along with rising orders from regional markets.
Pangasius (tra fish) also posted solid gains, with September exports reaching nearly USD 191 million (+11%). By the end of September, pangasius exports totaled USD 1.6 billion, up 10% from last year, bolstered by recovering demand from China, the U.S., and Middle Eastern markets.
Other key segments such as marine fish and cephalopods (squid and octopus) grew strongly. Over nine months, marine fish exports hit USD 1.61 billion (+18.5%), while squid and octopus earned USD 550 million (+18.7%).
By market, China and Hong Kong remained the brightest spot. Despite a slight decline in September, cumulative exports for the nine months soared 32.1% to USD 1.76 billion, making it Vietnam’s largest seafood market thanks to robust demand and favorable logistics.
The U.S. market showed signs of stagnation, with September exports falling 6%. However, the 9-month total still reached USD 1.41 billion (+6.8%). Challenges include anti-dumping duties and strict compliance with the Marine Mammal Protection Act (MMPA).
Exports to Japan and the EU maintained steady growth. Japan recorded USD 1.27 billion (+15.6%), while the EU reached USD 885 million (+13.3%).
Notably, South Korea emerged as a standout market, surging nearly 50% in September and 13% over nine months, totaling USD 645 million.
Meanwhile, ASEAN and the Middle East are becoming promising alternative markets. ASEAN imports reached USD 536 million (+23.3%), while the Middle East saw exports of nearly USD 295 million (+7.6%), with a remarkable 50% increase in September alone.
NPK/ Vinagri News
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