The global seafood market is facing strong competition among Chinese tilapia, Russian pollock & cod, and Vietnamese pangasius. Vietnam leads with ASC-certified pangasius, reaching USD 981M in exports in the first 7 months of 2025. Shrimp exports surged in both the EU and US, while India struggles with high tariffs. Tuna shipments to Mexico benefit from CPTPP incentives and rising demand for convenience products. Surimi exports also jumped 28%, with strong growth in Asia and Europe.

HGF'S BREAKING NEWS NO. 01, SEP. 2025