·         Black tiger shrimp (20 pcs/kg): VND250,000–260,000/kg

·         Black tiger shrimp (30 pcs/kg): VND180,000–190,000/kg

·         Black tiger shrimp (40 pcs/kg): VND150,000–160,000/kg

·         Whiteleg shrimp (40 pcs/kg): VND160,000–200,000/kg

These are the highest prices in the past year. At these levels, after deducting investment costs, shrimp farmers earn substantial profits. The price increase is due to stronger domestic and export demand, while supply remains tight as shrimp have yet to reach peak harvest season.

Pangasius Prices:
Pangasius prices in June 2025 continued at a three-year high:

·         Fish over 1.2 kg: approx. VND32,440/kg

·         Smaller-sized fish (~1 kg): VND30,000–31,000/kg

The price surge stems from limited supply alongside rising export demand. Juvenile fish prices climbed sharply to VND55,000–57,000/kg—double that of the same period last year—due to tight seed supply and low survival rates during farming.

Total estimated output: 828,200 tonnes, up 3.4% year-on-year (YoY):

·         Fish: 591,900 tonnes (+3.2%)

·         Shrimp: 117,100 tonnes (+5.6%)

·         Other seafood: 119,200 tonnes (+2.2%)

Aquaculture production:
Estimated at 455,200 tonnes (+4.7% YoY):

·         Fish: 301,100 tonnes (+4.5%)

·         Shrimp: 103,200 tonnes (+6.3%)

Pangasius harvest:
Estimated at 163,400 tonnes, up 5.4% YoY, supported by stable raw fish prices and sufficient supplies for export processing.

·         Whiteleg shrimp: 72,900 tonnes (+7.2%)

·         Black tiger shrimp: 24,000 tonnes (+4.3%)

Marine capture output:
Estimated at 373,000 tonnes (+1.8% YoY), including:

·         Fish: 290,800 tonnes (+1.8%)

·         Shrimp: 13,900 tonnes (+0.7%)

·         Other seafood: 68,300 tonnes (+1.9%)

Favorable weather conditions and the start of the southern fishing season boosted catches of scad, anchovy, and squid, encouraging offshore fishing.

Cumulative Jan–May 2025:
Total seafood output: 3,616,000 tonnes (+2.9% YoY):

·         Fish: 2,641,900 tonnes (+2.9%)

·         Shrimp: 429,800 tonnes (+5.1%)

·         Others: 544,300 tonnes (+1.8%)

According to preliminary data from the General Department of Customs:

·         May 2025 imports: USD281.15 million, up 5.17% from April

·         Jan–May 2025: USD1.31 billion, up 31.64% YoY

·         Indonesia: USD201.49 million (+79.25% YoY, 15.4% share); May alone down 10.26% MoM

·         India: USD189.91 million (+80.93% YoY, 14.52% share); May up 7.86% MoM

·         Norway: USD142.81 million (+16.81% YoY, 10.92% share)

·         China: USD116.04 million (+10.34% YoY, 8.87% share)

·         Denmark (+160.29%), Chile (+82.25%), UK (+53.64%), Japan (+47.89%), USA (+41.88%)
Declines seen in: Russia (-9.27%), Taiwan (-6.92%), South Korea (-6.01%)

·         May 2025 exports: USD997.12 million, up 10.68% MoM

·         Jan–May 2025: USD4.21 billion, up 18.69% YoY

This marks a positive recovery and acceleration in the seafood industry following previous challenges related to markets and raw material costs.

·         China: USD823.31 million (+53.18%), 19.57% share

·         USA: USD766.25 million (+25.64%), 18.21% share

·         Japan: USD632.51 million (+10.89%), 15.03% share

·         FTA RCEP: USD2.17 billion (+23.26%), 51.64% share

·         CPTPP: USD1.00 billion (+7.97%), 23.83% share

·         EU (EVFTA): USD430.41 million (+12.47%), 10.23% share

·         Southeast Asia: USD268.12 million (+20.16%), 6.37% share

Brazil posted the highest growth among Vietnam’s top 15 export markets, reaching USD78.14 million (+70.81% YoY).

Shrimp remained the bright spot in May 2025:

·         Export value: USD363 million, up 12.4% YoY

·         Share: Over 42% of May’s total seafood exports

·         Jan–May 2025: USD1.66 billion, up 28.3%

This reflects a clear recovery in the shrimp segment, with stable demand from key markets such as the USA, Japan, and CPTPP countries.

·         May: USD138 million, down 17.3% YoY — the sharpest decline among major seafood categories.

·         Main reason: temporary adjustments to shipment schedules to the US to avoid high tariffs, as firms shift toward the EU and Asian markets, which have high technical standards but lower tariff risks.

·         May: USD65 million, down 23.2% YoY

·         Causes: higher logistics costs and fierce competition from Latin American suppliers.

T.Huong

Source: Vitic