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) 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.
(seafood.vasep.com.vn) In Ca Mau province, many farmers are transitioning from traditional methods to high-tech shrimp farming, adopting recirculating systems with minimal water exchange to improve efficiency and reduce risks. In Hung My commune alone, there are about 260 super-intensive shrimp farming households covering more than 265 hectares, playing a key role in local economic development.
(seafood.vasep.com.vn) In the first three months of 2026, Vietnam’s exports of fish cake and surimi reached USD 63 million, down 5% compared to the same period last year. Although total export value declined slightly due to decreases in some key markets, many other destinations continued to post strong growth, opening up room for this convenience-oriented processed segment in the coming quarters.
(seafood.vasep.com.vn) Favorable weather conditions in the early months of 2026 have brought encouraging signs for fisheries activities in Quang Tri. Output has grown steadily, contributing to improved livelihoods for local residents.
Entering 2026, Vietnam’s seafood industry is facing a period of both high expectations and mounting pressures. Following the positive recovery in 2025, production and export activities in Q1/2026 demonstrated the strong adaptability of Vietnam’s seafood business community amid continued global trade volatility, intensifying international competition, and increasingly stringent compliance requirements in import markets.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s shrimp exports reached USD 1.069 billion, up 17.5% compared to the same period in 2025. This is a positive result amid an uneven global shrimp market recovery, intensifying competition among major suppliers, and continued volatility in the international trade environment. However, this growth does not reflect a broad-based recovery across the entire sector, but rather is driven mainly by strong performance in a few markets and specific product segments—most notably lobster exports to China.
(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.
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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