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) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.
(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.
(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.
(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.
(seafood.vasep.com.vn) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
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