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US Tariff Pressure Casts Shadow Over Vietnam's Seafood Exports, Slowing Growth in June

VIET NAM
Friday, July 04, 2025, 07:00 (GMT + 9)

After a strong start to the year, Vietnam's seafood exports saw significantly dampened growth in June, primarily due to businesses proactively reducing shipments to the United States ahead of new reciprocal tariffs. The outlook for the second half of 2025 remains uncertain, heavily reliant on the severity of upcoming US trade policies. HANOI – Vietnam's seafood export sector, a crucial pillar of its economy, experienced a noticeable slowdown in June 2025. While still registering a 4% increase year-on-year to $876 million USD, this marks a sharp decline from the robust over 20% growth seen in May. The primary culprit appears to be the United States market, which saw a 26% decrease in exports compared to June last year. For the first six months of 2025, total seafood exports reached $5.2 billion USD, up nearly 19% year-on-year. Exports to the US, despite the June slo... FULL STORY

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