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).
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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 |
(vasep.com.vn) Australia is emerging as one of the most stable and promising growth markets for Vietnamese shrimp. Amid global trade disruptions driven by geopolitical tensions—particularly conflicts in the Middle East—strengthening and expanding into stable markets like Australia has become increasingly important for Vietnam’s shrimp industry.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.
(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.
Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.
(seafood.vasep.com.vn) As geopolitical tensions in the Middle East continue to escalate, the global food market is facing increasing volatility in logistics costs, energy prices, and supply chains. In the seafood sector, alongside ocean-caught products such as tuna, the surimi-based product group—including fish cakes, crab sticks, fish balls, and other imitation seafood products—has also been affected to some extent by these developments.
(seafood.vasep.com.vn) According to the 2026 brackish-water shrimp farming calendar issued by the Da Nang Department of Agriculture and Environment, the 2026 crop started in early January and is expected to harvest in late June. However, stocking progress has been slower than planned as farmers remain cautious, focusing on pond renovation and production preparations.
(seafood.vasep.com.vn) After the Lunar New Year of Binh Ngo 2026, commercial clam prices in Ha Tinh province surged sharply, nearly doubling compared to normal levels and standing about 20–30% higher than the same period last year. The spike has encouraged many aquaculture households to accelerate harvesting and sell large volumes to the market.
(seafood.vasep.com.vn) In January 2026, Vietnam’s shrimp exports reached USD 379.6 million, up 22% compared to the same period in 2025. The double-digit growth in the very first month of the year signals a relatively positive recovery in orders, particularly in Asian markets.
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