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
(vasep.com.vn) Vietnam’s seafood exports in September 2026 are estimated at US$1.135 billion, up 11.9% year-on-year, bringing total exports in the first nine months of the year to US$9.103 billion, up 11.4%. Behind this double-digit growth, however, increasingly divergent market trends are emerging: China–Hong Kong and ASEAN posted strong growth, while the U.S., EU and Japan all recorded declines in September.
(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.
(vasep.com.vn) Vietnam’s tuna exports sustained their upward trajectory in August 2026, though the pace remained modest at just 2%. The month saw divergent trends across key markets: the US maintained its leading position, Japan and Canada improved, Russia surged and the EU continued to experience a steep downturn. These developments suggest that exporters are entering the final months of the year amid a market environment marked by greater uncertainty.
(seafood.vasep.com.vn) Congalsa has acquired the entire charter capital of Lenger Seafood Vietnam, giving it full ownership of the business and its Nam Dinh processing facility.
(seafood.vasep.com.vn) Ninh Binh Province is entering a peak period of action against illegal, unreported and unregulated (IUU) fishing, focusing on thoroughly addressing violations, closely monitoring fishing vessels at ports and preventing vessels from violating regulations and operating illegally in foreign waters ahead of the European Commission’s (EC) upcoming inspection in 2026.
(vasep.com.vn) The application of biotechnology in seed production is increasingly viewed as a strategic imperative to upgrade pangasius fingerling quality, optimize farming efficiency and anchor sustainable industry development.
(vasep.com.vn) On September 15, 2026, in Can Tho, VASEP and ASC jointly organized a training course titled “New ASC standards: updates and practical implementation guidance for farms, businesses and aquafeed mills”. Beyond briefing stakeholders on updated ASC requirements for aquaculture facilities and feed production, the workshop dedicated substantial floor time to directly addressing on-the-ground compliance bottlenecks encountered by Vietnamese enterprises.
(searfood.vasep.com.vn) Vietnam’s tilapia exports continued to post positive results in the first eight months of 2026, with total export value reaching US$90 million, up 43% year-on-year. However, exports in August alone stood at US$11 million, down 8%, reflecting uneven market developments. Brazil remained the leading market, while Japan recorded notable growth, opening up new opportunities for Vietnamese tilapia products.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.3 billion in the first eight months of 2026, up 12% year on year. However, growth has begun to slow and become more differentiated across markets, while the U.S. and EU continue to present significant challenges. The latest insights from the Global Shrimp Forum 2026 (GSF 2026), held in early September, also indicate that the final months of the year will remain highly competitive as global supply continues to expand and buyers increasingly focus on quality, product specifications, supply stability and the ability to meet market-specific demand.
(seafood.vasep.com.vn) In August 2026, Vietnam’s seafood exports reached $1.14 billion, up 6% year on year. Cumulative eight-month exports rose 11.8% to $8.00 billion, though momentum has cooled compared to the 12.8% growth seen through July. China - Hong Kong and ASEAN are offsetting weakness in the U.S, EU and partly Japan. This divergence will likely widen in Q4 as trade tariffs and traceability requirements directly weigh on new orders.
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