Aquaculture production recorded positive growth, with farmed fish output reaching 249 thousand tonnes (+3.1% y/y), including pangasius at 107.1 thousand tonnes (+4% y/y). Farmed shrimp output reached 49.9 thousand tonnes, up 6.6% year-on-year.
Pangasius Market
In the first months of 2026, the pangasius market in the Mekong Delta recorded its strongest price surge in years. Farm-gate prices for commercial-grade pangasius (0.8–1 kg per fish) in key farming provinces such as Dong Thap, An Giang and Can Tho rose to around VND35,000 per kg, VND5,000–7,000 higher than previous peak cycles. The rally generated significant profits for farmers after a prolonged period of losses.
Whiteleg Shrimp Market
The whiteleg shrimp market experienced significant volatility in February 2026, affected by the Lunar New Year holiday across Asia and new trade barriers in the U.S. and EU markets.
Ahead of and during Tet (early February), prices surged due to festive demand, with large-sized shrimp in some areas reaching VND250,000 per kg. However, in the second half of February, pond-side prices in the Mekong Delta declined by VND5,000–10,000 per kg as harvesting volumes increased and Chinese buyers temporarily suspended raw material purchases after the holiday.
Imports
Based on Vietnam Customs data, seafood imports in January 2026 totaled over USD297.9 million, down 16.26% from December 2025 but up 27.26% year-on-year.
Indonesia, Norway, China and India were Vietnam’s main seafood suppliers in January 2026. Imports from India led in value, reaching USD51.85 million, accounting for 17.41% of total seafood imports. The figure fell 10.17% month-on-month but increased 12.69% year-on-year.
Norway ranked second with USD38.65 million, down 28.47% month-on-month but up 48.8% year-on-year, representing 12.98% of total imports.
Indonesia followed with USD37.49 million, accounting for 12.59% of the total, down 28.54% from December 2025 and down 4.67% year-on-year.
Vietnam seafood imports – January 2026
(Unit: USD)

Market	Jan 2026	vs Dec 2025 (%)	vs Jan 2025 (%)	Share (%)
TOTAL	297,898,767	-16.26	27.26	100
RCEP-15 markets	110,876,083	-19.7	16.52	37.22
CPTPP-11 markets	55,241,892	-2.02	84.63	18.54
India	51,850,995	-10.17	12.69	17.41
Southeast Asia	47,305,432	-22.52	8.23	15.88
Norway	38,654,993	-28.47	48.8	12.98
Indonesia	37,493,182	-28.54	-4.67	12.59
China (Mainland)	31,982,887	-10.2	12.24	10.74
Japan	24,475,369	-27.06	55.2	8.22
Chile	13,450,835	2.25	65.01	4.52
United Kingdom	10,016,761	105.33	321.63	3.36

Vietnam’s seafood exports in January 2026 reached over USD1.01 billion, up 5.92% from December 2025 and up 30.6% year-on-year.
China remained Vietnam’s largest export market, accounting for 24.2% of total seafood export value, at USD244.61 million, up 20.83% month-on-month and 35.53% year-on-year.
Japan ranked second with USD149.78 million (14.82% share), up 15.3% from December 2025 and 24.5% year-on-year.
The United States ranked third with USD128.41 million (12.7% share), up 3.62% month-on-month and 20.19% year-on-year.
Vietnam seafood exports – January 2026
(Unit: USD)

Market	Jan 2026	vs Dec 2025 (%)	vs Jan 2025 (%)	Share (%)
TOTAL	1,010,803,925	5.92	30.6	100
RCEP-15 markets	582,071,067	14.43	31.51	57.58
CPTPP-11 markets	271,717,286	8.3	27.1	26.88
China (Mainland)	244,607,726	20.83	35.53	24.2
Japan	149,782,679	15.3	24.5	14.82
United States	128,413,536	3.62	20.19	12.7
EU (EVFTA-27)	95,260,995	-4.49	28.63	9.42
South Korea	76,725,624	-2.35	24.58	7.59
Southeast Asia	76,492,103	19.05	47.26	7.57
Thailand	36,522,538	46.99	37.85	3.61
Australia	31,776,431	0	18.77	3.14
Brazil	26,733,386	-4.49	113.25	2.64
United Kingdom	24,921,541	-9.89	8.16	2.47
Taiwan (China)	21,462,878	8.18	168.94	2.12
Germany	20,827,488	-10	25.68	2.06
Canada	19,347,720	-5.34	13.88	1.91
Netherlands	17,865,281	10.57	35.37	1.77
EAEU-5  markets	15,615,876	-8.06	5.01	1.54
Russia	15,548,526	-8.45	5.65	1.54
Hong Kong (China)	15,308,050	8.98	14.12	1.51