Vietnam's seafood exports hit $5.2 billion in H1

Vietnam’s aquatic export revenue in the first six months of the year reached $5.2 billion, a year-on-year increase of nearly 19%, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

In June alone, the turnover was estimated at $876 million, up 4% year-on-year.

China, the US and Japan remained the three largest importers of Vietnamese aquatic products in the first half of the year, accounting for 19.6%, 18.2% and 15% of the market share, respectively.

Shipments to the US still rose 16% to $891 million during the six months. However, many enterprises have suspended exports to this market since June to avoid high tariff risks.

Tuna took the hardest hit, with June exports dropping 31% year-on-year, driven by impacts of the US tariffs. Tuna exports in the six-month period fell nearly 2%.

Shrimp and tra fish also faced US tariff pressures, but still posted positive growth. Shrimp exports rose 26% to $2.07 billion, while tra fish grew 10% to $1 billion by June’s end.