Vietnam’s top 10 seafood export markets in Q1 2025
In the first quarter of 2025, Vietnam exported seafood to 56 key markets worldwide, with China, the United States, Japan, and Australia ranking among the largest destinations.
According to data from the Customs Department, Vietnam earned $2.31 billion from seafood exports in Q1 2025, up 19.2% year-on-year.
Exports to the top 10 markets accounted for USD 1.78 billion, rising 24% from the same period last year and making up 77% of Vietnam’s total seafood export value.
China led as Vietnam’s largest seafood export market, reaching USD 464 million in Q1 2025, an impressive 74% increase year-on-year. The U.S. followed with USD 371 million, up 14.8% year-on-year.
Other markets surpassing USD 100 million in export value included Japan with USD 358.9 million (up 11.6% YoY) and South Korea with USD 179.7 million (up 7.8% YoY).
Australia, however, saw a slight decline to USD 71.7 million (down 2.5% YoY), while exports to the UK dropped to USD 64.2 million (down 4% YoY), making them the only two markets in the top 10 to experience decreases.
Vietnam also earned USD 69.8 million from seafood exports to Thailand (up 27.5% YoY), USD 61.8 million from Canada (up 22% YoY), USD 49 million from Germany (up 26% YoY), USD 48 million from Russia (up 11% YoY), and USD 46.7 million from Brazil (up 70% YoY).
On the import side, Vietnam spent USD 760 million on seafood imports in Q1 2025, a 23% increase year-on-year. Imports from the top 10 markets reached USD 576 million, up 31% from the same period last year, accounting for 75% of total seafood import value.
Indonesia emerged as Vietnam’s largest seafood supplier, with imports totaling USD 119.4 million, up 50% year-on-year. India followed closely with USD 114 million, marking an 88.6% increase YoY.
Other notable import sources with strong growth included Chile, up 102% YoY to USD 42.8 million, and Japan, up 42% YoY to USD 54 million.
Additionally, imports from Norway rose 15% to USD 84.5 million, from China up 11% to USD 75 million, from the U.S. up 9.9% to USD 13.5 million, and from Taiwan (China) with a slight rise of 0.1% to USD 32.6 million.
In contrast, imports from Russia fell by 33.8% in Q1 2025 to USD 16.7 million, while imports from South Korea dropped 19.3% YoY to USD 21.8 million.
VFM
