According to the Ministry of Agriculture and Rural Development (MARD), in 2024, the brackish water shrimp farming area is estimated to reach 737,000 hectares (including 622,000 hectares for black tiger shrimp Penaeus monodon and 115,000 hectares for whiteleg shrimp Litopenaeus vannamei), with output reaching 1,264,300 metric tons, a 5.3% increase compared to 2023 (including black tiger shrimp output of 283,900 metric tons, a 3.2% increase, and whiteleg shrimp output of 980,400 metric tons, a 6% increase).
It is projected that in 2025, the brackish water shrimp farming area will reach 750,000 hectares, a 1.8% increase compared to 2024, and output will reach 1,290,000 metric tons, a 2% increase compared to the previous year.
Exports maintain growth momentum
Shrimp exports in 2024 maintained double-digit growth momentum, with exports to key markets such as the EU, China, and the US recording good growth. Demand for year-end festivities in the US and EU and demand for the Lunar New Year (Tet) in China contributed to increased orders from these markets.
Shrimp exports to Japan, although not increasing sharply, maintained positive growth momentum due to the stable exchange rate in the last quarter of the year and the recovery of the Yen.
In addition, exports to smaller markets such as Russia, Canada, Australia, the UK, and Taiwan also showed much potential in 2024.
The average export price of shrimp to various markets at the end of the year also showed positive signs. The average export price of whiteleg shrimp to the US in November 2024 reached the highest level since September 2023 (USD 10.4/kg). The export price of whiteleg shrimp to the EU has been increasing continuously since June 2024 and reached a high of USD 7.5/kg in November. The price of whiteleg shrimp exported to Japan also increased continuously from September 2024, reaching USD 9.2/kg in November. The export price of whiteleg shrimp to South Korea also reached an average price of USD 7.7/kg in November 2024, the highest level since September 2023.
The average export price of black tiger shrimp to Japan has been increasing continuously from September 2024 and reached a high of USD 13.8/kg in November. The export price of black tiger shrimp to South Korea also followed the same trend as Japan, reaching USD 11.4/kg in November 2024.
Domestic shrimp prices recovered at the end of the year, with a scarcity of raw shrimp supply. Major distribution systems around the world increased their search for supply from Vietnamese shrimp, although at higher prices, ensuring safety, leading to a significant increase in orders.
(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.
(seafood.vasep.com.vn) In Quang Ngai Province, shrimp farming costs are rising sharply due to लगातार increases in feed, fuel, and input material prices, while farm-gate shrimp prices are declining. This has significantly reduced farmers’ profit margins and increased production risks.
(seafood.vasep.com.vn) Vietnam’s tilapia exports are experiencing impressive growth, reflecting expanding global demand as well as the sector’s development potential. However, behind the strong growth figures lie limitations in production capacity and supply chains, highlighting the need for sustainable development in the coming period.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to the Middle East in 2025 and early 2026 have shown notable growth. However, escalating geopolitical tensions in the region have increasingly impacted export activities since March. This situation presents a challenge of balancing market expansion opportunities with rising trade risks.
(seafood.vasep.com.vn) The Quang Tri Department of Agriculture and Environment has instructed localities to base their stocking schedules on actual conditions in each farming area, while developing plans, allocating resources, and implementing synchronized measures for disease prevention and disaster risk management in aquaculture production.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s exports of fish cakes and surimi exceeded USD 45 million, up 7% compared to the same period in 2025, indicating a positive outlook for this product segment amid recovering demand in many markets.
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