Shrimp exports are showing positive signs in many markets. Exports to the US and EU have shown stable growth. China is implementing policies to boost consumption, which could help increase shrimp import demand from Vietnam.
In November 2024, exports to China&Hong Kong and the EU continued to maintain a double-digit growth rate, while exports to Japan, the US, and South Korea showed single-digit growth.
In November 2024, shrimp exports to the US reached over 55 million USD, up 9% compared to the same period last year. Cumulatively, exports to this market reached 702 million USD, an increase of 10%. Wholesale shrimp prices in the US saw a wide increase in the second week of December. The price increase may be due to concerns over shipping and overall higher costs across the entire supply chain. Shopping and consumption demand during the holiday season in the US is expected to grow positively.
As of November 2024, shrimp exports to China&Hong Kong showed good growth of 34%, reaching 761 million USD. The demand for shrimp consumption during the Lunar New Year has increased imports in this market, making it the largest shrimp import market in the first 11 months of this year, surpassing the US.
Export shrimp prices are showing signs of rising, especially for white-legged shrimp, helping to improve profit margins for businesses.
Shrimp raw material prices are also at a positive level, which will support production and exports.
Moreover, processed shrimp products are experiencing strong growth, which is a positive signal, showing that businesses are shifting towards value-added products.
However, Vietnam's shrimp industry still faces internal challenges that need to be overcome to achieve sustainable growth.
Specifically, Vietnamese shrimp need to improve quality and reduce costs to compete in the international market. This includes enhancing issues related to seed quality control, farming seasons, stocking density, disease management, reducing production costs, and forecasting consumption trends in importing markets to help drive the shrimp export value chain and increase income for shrimp farmers.
In addition, there needs to be a shift in mindset. Rather than focusing on production volume and high technology, emphasis should be placed on sustainability and efficiency, particularly regarding quality, environment, health, and selling prices.
Furthermore, farmers need to keep up with trends in shifting farming species; trends in high-tech, environmentally friendly shrimp farming that adapts to climate change and sustainability; and the development and application of biotechnology. Especially, the link in production chains with international standards to meet market demand is crucial.
(seafood.vasep.com.vn) Vietnam’s tuna exports to the UK have shown positive signs in the first months of 2026. While the UK’s overall tuna imports from the world declined, imports from Vietnam increased strongly, indicating that there is still room for Vietnam to expand its market share. However, behind this growth, competitive pressure remains intense, especially as the UK continues to be a major market for established suppliers such as Ecuador, Mauritius, and Ghana.
(seafood.vasep.com.vn) Biofloc technology is being piloted in several rice–shrimp farming models in Ca Mau Province, showing initial positive results in controlling pond environments, improving shrimp seed quality, and supporting sustainable aquaculture development.
(seafood.vasep.com.vn) In the first four months of 2026, Mexico, Brazil, and Colombia together contributed USD 108 million to Vietnam’s pangasius exports, accounting for around 15% of the industry’s total export turnover. Amid tightening global whitefish supply and slowing demand in several traditional markets, Latin America is increasingly becoming an important expansion destination for the sector.
(seafood.vasep.com.vn) Alongside the development of high-tech shrimp farming, Ha Tinh Province is accelerating the cultivation of high-value freshwater aquatic species, with red tilapia emerging as an effective and sustainable farming model.
(vasep.com.vn) Vietnam’s tuna exports reached USD 81 million in April 2026, down 6% compared to the same period in 2025. In the first four months of the year, export turnover totaled USD 289 million, down 4.8%. Although the overall export picture has yet to brighten significantly, market trends are becoming increasingly diversified rather than moving in a single direction.
(seafood.vasep.com.vn) Vietnam’s pangasius industry is undergoing strong restructuring starting from the broodstock and fingerling segment in order to improve productivity, quality, and export competitiveness. This is considered a critical foundation for the sustainable development of the industry amid rising production costs and increasingly stringent market requirements.
(seafood.vasep.com.vn) According to Vietnam Customs data, pangasius exports in April 2026 reached USD 206 million, up 18% compared to the same period in 2025 — marking another consecutive month of double-digit growth since the beginning of the year. Cumulative pangasius export turnover in the first four months of 2026 reached USD 720 million, up 17% year-on-year, reflecting the positive growth momentum of this key export product.
(seafood.vasep.com.vn) Vietnam’s shrimp exports in the first four months of 2026 maintained positive growth momentum, reaching approximately USD 1.5 billion, up 15% compared to the same period last year. However, behind this result lies diverging trends across markets, as the global shrimp industry continues to face pressure from inflation, high inventories, price competition, and increasing trade risks.
(seafood.vasep.com.vn) In Vinh Tuy commune (Kien Giang Province), many shrimp farmers are adopting bottom aeration systems and reporting clear economic benefits, helping increase income and reduce production risks.
(vasep.com.vn) In the first three months of 2026, Vietnam’s exports of crabs and other crustaceans reached more than USD 93 million, up 23% compared to the same period last year. The result shows that the sector is experiencing a fairly positive recovery, especially in its two key product groups: crabs and swimming crabs. However, behind the growth figures are several concerns: export markets remain highly concentrated, raw material supply is unstable, and trade barriers from the US and EU are becoming increasingly stringent.
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