2007-2009: growth rate not high but stable
In 2008 and 2009, Vietnam’s shrimp export value increased steadily year after year with the growth rate of 8 percent for 2008 and 3 percent for 2009. Vietnam exported $1.7 billion worth of shrimp in 2009, an increase of 11 percent over 2007.
2010: first year of great success
2010 is an important landmark in Vietnam shrimp industry’s history as Vietnam for the first time made high profits from shrimp exports.
In that year, the oil spill in the Gulf of Mexico and the high demand pushed the shrimp price up in the world market. This led to Vietnam’s sharp increase in shrimp export volume and turnover.
In 2010, Vietnam for the first time exported more than $2 billion, and had a high growth rate of 25 percent in comparison with 2009. This helped cement Vietnam’s position in the world market.
2012: the reduction
Just two years later, Vietnam tasted the first failure with a minus growth rate of six percent. The failure was anticipated as a series of barriers were set up by import countries to block Vietnam’s shrimp exports.
2013-2014: growth rate regained
After the decline of 2012, Vietnam witnessed great victory in the next two years. It exported $3.08 billion worth of shrimp products in 2013 and $3.95 billion in 2014.
Vietnam’s shrimp then had benefits from the US administration’s recognition that Vietnam shrimp industry did not get subsidy from the government. With the recognition, Vietnam’s shrimp exports did not bear double tax when entering the US market.
In 2014, Vietnam’s shrimp exports hit $3.95 billion. The high export volume had special significance as Vietnam’s rivals all met difficulties at that time.
Thailand’s exports were affected by the information reported by the UK media that Thai farmers used fish paste provided by ships using illegal workers.
2015: difficulties again
Vietnam exported $2.95 billion worth of shrimp in that year, a fall of 25.3 percent compared with 2014.
A lot of negative factors affected Vietnam’s shrimp industry, including lower demand, export price decreases, higher supply from rivals and the depreciation of currencies of other shrimp export countries.
2016: good fortune again
Vietnam’s shrimp sales bounced back to $3.15 billion in 2016.
Source: VNA
(seafood.vasep.com.vn) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
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