In the top 10 shrimp import markets in the first 2 months of this year, besides the countries as the top 10 markets last year (USA, Japan, South Korea, Australia, China, Canada, UK, Germany, Hong Kong), the Netherlands has replaced Singapore, after exporting to the Netherlands increased by 27%, while exports to Singapore plummeted by 97%.
Position in the top 10 shrimp import markets has been changed by the big surges in export value to the US, Australia, Canada, Germany and the Netherlands (up by 14%, 115%, 14%, 20% and 27% respectively) and the slowdown in Japan, UK, and Hong Kong (down by 6%, 75% and 29%, respectively).
|
Top 10 shrimp exporters to Australia, the first 2 months of 2021 |
|
|
No |
Exporter |
|
1 |
Minh Phu Hau Giang Seafood Joint Stock Company |
|
2 |
Minh Phu Seafood Corporation |
|
3 |
Ca Mau Seafood Processing and Service Joint Stock Company |
|
4 |
Sao Ta Foods Joint Stock Company |
|
5 |
SEAVINA Joint Stock Company |
|
6 |
O&H Loong Pty Co., Ltd |
|
7 |
Quang Minh Seafood |
|
8 |
Argex Saigon Foodstuffs Joint Stock Company |
|
9 |
Hasa Seafood Corporation |
|
10 |
Hai Viet Corporation |
Australia is in the top 4 Vietnam shrimp export markets
Notably, the acceleration of shrimp exports to Australia has brought this market from 10th place to top 4 after only the US, Japan and South Korea. In the first two months of 2020, there were 35 companies participating in shrimp export to this market, after 1 year, there are 12 more companies exporting shrimp to Australia. The increase in the number of shrimp exporters and the increase in export turnover of large companies was the factors that brought positive results for shrimp exports to Australia. In particular, Minh Phu Corp alone accounted for 37% of the total Vietnamese shrimp exports to Australia and sales soared 159% over the same period last year. In addition to Minh Phu, CASES, Agrex Sai Gon, SEAVINA, Quang Minh Seafood, Hai Sang Seafood, O&H LOONG PTY ...and also Sao Ta Food Joint Stock Company were in the top 10 shrimp exporting enterprises to Australia in the first two months of this year. Shrimp exports to Australia grew spectacularly mainly thanks to whiteleg shrimp, up by 192% and accounting for 92% of the total shrimp export value, while black tiger shrimp exports decreased by 3.7% and only accounted for 1.4% of exports, the rest are other types of shrimp accounted for 6.5%, down by 2%.
The main shrimp products exported to Australia in the first 2 months of the year include: frozen headless peeled fresh white shrimp with tail, frozen fresh PD white shrimp, frozen steamed/boiled PD shrimp, Frozen breaded whiteleg shrimp, Other processed shrimp (dumpling, spring roll, seasoned shrimp and meat ...), fresh, frozen tiger shrimp ... Notably, in addition to traditional products, in the first 2 months of this year, Australia imported a lot of dried shrimp from Vietnam (8.1 million USD worth), while in the same period last year, this market did not import dried shrimp.
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Top 10 shrimp export markets of Vietnam, the first 2 months of 2021 |
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|
Market |
Value (mil USD) |
Change vs last year (%) |
Proportion (%) |
|
The U.S |
85.824 |
14 |
20.8 |
|
Japan |
82.675 |
-6 |
20.0 |
|
South Korea |
44.657 |
0 |
10.8 |
|
Australia |
29.614 |
115 |
7.2 |
|
China |
26.225 |
11 |
6.3 |
|
Canada |
23.061 |
14 |
5.6 |
|
The U.K |
21.955 |
-75 |
5.3 |
|
Germany |
14.162 |
20 |
3.4 |
|
The Netherlands |
13.486 |
27 |
3.3 |
|
Hong Kong |
10.418 |
-29 |
2.5 |
(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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