Lithuania is currently ranked 79th among the world’s largest economies and 36th in the list of wealthiest countries, with an annual GDP per capita of approximately USD 23,723, equivalent to USD 66.45 billion. Each year, Lithuania spends about USD 650 million on seafood imports.
According to ITC statistics, Lithuania is the 12th largest seafood importer in the EU, accounting for 1.2% of the EU’s total seafood import value. In 2022, Vietnam was the 6th largest seafood supplier to Lithuania from outside the EU, accounting for 3.54% of Lithuania’s total seafood import value.
Data from Vietnam Customs show that Vietnam’s tuna export value to this market surged from USD 229 thousand in 2021 to nearly USD 16 million in 2024—an increase of 69 times. In the first five months of 2025 alone, tuna export turnover to Lithuania doubled year-on-year, reaching over USD 8 million.
Frozen tuna meat/loin products (HS code 0304) are the main exports to this market, accounting for 98% of total tuna export value.
Lithuania has been a member of the European Union since 2004. Within the cooperation framework between Vietnam and the EU, legal mechanisms have been established to support economic, trade, and investment collaboration between Vietnam and EU member states. Notably, on June 11–12, 2025, the President of the Republic of Lithuania, Gitanas Nausėda, and his spouse visited Hanoi—marking the first high-level state visit by a Lithuanian head of state to Vietnam in many years. This visit was a highly significant diplomatic event, reflecting the two countries’ commitment to their traditional friendship and multifaceted cooperation, while also opening a new chapter in bilateral relations amid a rapidly changing global context filled with both opportunities and challenges.
In addition, at the seminar titled “75th anniversary of diplomatic relations between Vietnam and Central and Eastern European countries: strengthening relationship, enhancing cooperation, looking to the future,” Deputy Prime Minister Tran Hong Ha outlined five key tasks to elevate Vietnam–CEE relations to a new level. Among them is the need to boost economic cooperation and leverage the Vietnam-EU Free Trade Agreement (EVFTA) to achieve an annual trade growth rate of 10%.
As such, the current expansion of tuna exports to Lithuania by Vietnamese enterprises is on the right track and holds significant potential for growth in the near future. However, to fully realize this potential, businesses are still awaiting the Government’s swift resolution of issues related to Decree 37/2024/NĐ-CP, which provides guidelines for implementing the 2017 Fisheries Law—particularly concerning minimum harvesting sizes and regulations prohibiting mixing of catches. Timely issuance of an amended Decree 37/2024/NĐ-CP would help address difficulties faced by enterprises and fishermen, thus unlocking domestic tuna supply and creating favorable conditions for exporters to take advantage of preferential terms under various Free Trade Agreements (FTAs).
(seafood.vasep.com.vn) Egypt is emerging as one of the most promising destinations for Vietnamese tuna exports in 2026. During the first four months of the year, export turnover to this market exceeded USD 7.3 million, marking a sharp increase compared to the same period over the previous two years. As Egypt’s tuna imports continue to recover and demand for canned tuna remains strong, the market is becoming increasingly attractive for Vietnamese tuna processors and exporters.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s pangasius exports to CPTPP member countries reached nearly USD 128 million, accounting for 18% of the country’s total pangasius export value and increasing by 21% compared to the same period in 2025. Demand patterns varied significantly across the bloc: Mexico primarily imported fresh and frozen pangasius products, while Japan and Canada recorded substantial shares of processed products. Australia remained focused on frozen fillets but continued to maintain a portion of processed imports.
(seafood.vasep.com.vn) Despite the slow recovery of the U.S. market and continued trade-related challenges facing Vietnam’s shrimp industry, Minh Phu Seafood Corporation (MPC) has set ambitious targets for 2026. The company aims to produce 68,800 metric tons of finished shrimp products, generate consolidated revenue of VND 19.9 trillion, and achieve VND 1.059 trillion in pre-tax profit. If achieved, these figures would represent the highest revenue and profit levels in the company’s history.
(seafood.vasep.com.vn) HungHau Foods Joint Stock Company (HungHau Foods) has been honored at the 33rd Asia-Pacific Economic Forum, receiving two prestigious awards: “Top 10 Outstanding Asia-Pacific Enterprises 2026” and “Top 10 Outstanding Entrepreneurs” awarded to HungHau Foods CEO, Ms. Nguyen Yen.
(seafood.vasep.com.vn) After a period of sluggish imports in 2025, the Chinese market has returned with strong shrimp purchasing momentum in the first months of 2026. However, alongside rising demand comes an increasingly stringent import control system, covering quarantine requirements, food safety standards, registration procedures, and traceability. This makes China a market that offers both significant opportunities and growing risks for Vietnamese shrimp exporters.
(seafood.vasep.com.vn) Recently, in Long Xuyen City, An Giang Province, the Institute of Policy and Strategy for Agriculture and Rural Development (IPSARD) and the University of Economics Ho Chi Minh City (UEH) organized a workshop to announce the results of the project “Food Loss Assessment in the Pangasius Value Chain in the Mekong River Region.” The project aims to provide scientific evidence to support the sustainable development of Vietnam’s pangasius industry.
(seafood.vasep.com.vn) Shrimp prices in Vietnam’s Mekong Delta have recovered since early May, helping to improve farmers’ confidence and accelerate stocking activities for the 2026 farming season. However, farmers remain cautious due to rising input costs, unfavorable weather conditions, and disease risks.
(seafood.vasep.com.vn) On May 27, the Vietnam Trade Office in India, in collaboration with trade promotion agencies, industry associations, and businesses from both countries, organized the online seminar “Vietnam–India Seafood Trade Forum and Supply-Demand Connectivity 2026.” The event aimed to promote trade cooperation, investment, and seafood supply chain connectivity between Vietnam and India amid the ongoing restructuring of global markets.
(seafood.vasep.com.vn) In recent years, Ninh Binh Province has intensified the application of science and technology in aquaculture in order to improve productivity, product quality, and economic efficiency.
(seafood.vasep.com.vn) In the first four months of 2026, Vietnam’s tilapia exports reached USD 49 million, up 151% compared to the same period in 2025. This figure reflects an emerging export sector that is taking advantage of market gaps created by global trade disruptions, while larger producers are adjusting their strategies.
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