There remains large room for Vietnam’s shrimp industry to strive for greater export growth in the next few years, said the Vietnam Association of Seafood Exporters and Producers (VASEP). According to a recent report of the VASEP, Vietnam’s shrimp export turnover is likely to expand annually by 9 percent in the 2022-2025 period, hitting 5.6 billion USD by 2025. Regarding seafood export opportunities in 2022, VASEP General Secretary Truong Dinh Hoe said seafood exports in 2022 will continue to grow as the global demand for shrimp is rising by around 5 percent a year. If the seafood industry can expand its market share in the global market, and at the same time continues to promote processing of value-added products, it will be able to maintain growth in the coming time, he said, adding that the shrimp industry continues to be expected to be a key contributor to the country’s seafood export turnover. From a market perspective, Ho Quoc Luc, Chairman of the Board of Directors of the Sao Ta Food Joint Stock Company said Vietnamese processed or fresh shrimp products are popular due to their more beautiful packaging and stable quality compared to other competitors.
The US remains the largest importer of Vietnam’s shrimp products at present, accounting for 28 percent of Vietnam's total exports, followed by Europe and Japan, which made up 21.8 percent and 14.9 percent of the market share, respectively. The US would continue to be the key market for many Vietnamese seafood products such as shrimp, pangasius and others, he said. Vietnamese exporters would have more opportunities to export to the US since India, the largest shrimp supplier to the market, was facing production difficulties due to the pandemic, he added. Vietnam ranks fifth among shrimp exporters to the US. Although not accounting for large proportions in Vietnam’s shrimp export, the Republic of Korea (RoK), Canada, and Australia have still maintained fairly stable growth. Notably, Vietnamese shrimp have gained the top positions in the RoK and and Australia, Luc said. Sharing the same view, Tran Van Linh, Chairman of the Board of Directors of Thuan Phuoc Seafood and Trading Corporation, said that the COVID-19 outbreak in the past two years has disrupted the global supply chain, and competitors of Vietnam's seafood were "stuck" and have not yet recovered yet. Vietnam has quickly seized this opportunity to increase its seafood market share in major markets such as the US and Europe, he noted. According to experts, Vietnam's shrimp farming process has been improved remarkably, while supply chains have been also expanded continuously, contributing to increasing productivity. They underlined the need to better production lines, reduce dependence on labourer, and ensure regulations on food hygiene and safety. Luc said attention should be also paid to projects to call for investment in shrimp farming, stressing that that only large-scale farming facilities can bring practical efficiency through investment and application of new scientific-technological achievements in shrimp farming. Localities with favourable conditions and strengths to develop shrimp farming should quickly build planning of farming areas in the direction of green and sustainable development, experts said, adding that this is a big solution to the shrimp industry’s development strategy by 2030./.
(seafood.vasep.com.vn) In March 2026, Vietnam’s tilapia exports recorded strong growth, reaching USD 15 million, up 109% compared to the same period in 2025. Cumulatively, in the first three months of 2026, export value reached USD 38 million, an increase of 174% year-on-year. This result highlights the sector’s robust expansion and reflects rapid growth across multiple markets.
(seafood.vasep.com.vn) In March 2026, Vietnam’s pangasius export value reached USD 182 million, up 1% compared to the same period in 2025. Cumulatively, exports in the first three months of 2026 totaled USD 514 million, an increase of 17% year-on-year, indicating that the growth momentum is being maintained despite signs of slowdown in some markets during March.
(seafood.vasep.com.vn) During peak heat periods, farmers raising pangasius, tilapia, and other freshwater fish in Dong Thap are implementing various technical measures to reduce risks and maintain stable production.
(seafood.vasep.com.vn) Japan continues to be one of Vietnam’s most important and stable shrimp markets. In recent years, shrimp exports to this market have fluctuated in line with Japan’s broader economic and consumption cycles, yet Japan remains a major, high-value destination with stringent standards.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain increased by 13% compared to 2024. This growth trend has continued into the first two months of 2026. According to Vietnam Customs statistics, export turnover to this market reached nearly USD 3 million in January–February 2026, up 101% year-on-year and significantly higher than the same period in 2024. This development indicates that Spain is once again becoming a notable destination for Vietnamese tuna amid strong demand for tuna raw materials and products in Europe.
(seafood.vasep.com.vn) The 2026 brackish water shrimp farming season in the Mekong Delta has started earlier than usual, mainly driven by positive market signals, as shrimp prices in 2025 remained high and supply was limited. Many enterprises and farms in Cần Thơ, Cà Mau, and Vĩnh Long have proactively stocked early to seize opportunities. By early 2026, stocking areas in many localities had reached a high proportion of planned targets, with intensive and high-tech farming models expanding rapidly.
(vasep.com.vn) Vietnam’s tilapia exports to the United States recorded remarkable growth in 2025, opening up major opportunities while also presenting considerable challenges. The U.S. remains the largest importer of Vietnamese tilapia fillets, with export turnover reaching USD 40 million—an increase of up to 499% compared to 2024. This impressive growth reflects strong demand in the U.S. market, as supply from competing countries such as China has been constrained by tariffs and rising production costs.
(seafood.vasep.com.vn) Pangasius remains a strategic export commodity in Vietnam’s seafood sector. Entering 2026, the industry faces a strong need to transition from volume-based growth to a value-driven development model, with a focus on quality, food safety, and sustainability.
(seafood.vasep.com.vn) Following damage caused by Storm No. 13 in late 2025, brackish water shrimp farming in Gia Lai is being rapidly restored. In key farming areas such as Tuy Phước and Tuy Phước Đông, farmers are focusing on rehabilitating ponds, repairing infrastructure, and treating the environment in preparation for the 2026 crop.
(seafood.vasep.com) Facing the decline in fishery resources, Vietnam is accelerating livelihood transitions for fishermen to reduce fishing pressure and move toward sustainable development. Marine fish stocks have dropped significantly from 4.82 million tons in 2000–2005 to 3.95 million tons in 2016–2020.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
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