CPTPP markets
By the end of February 2021, the total value of shrimp exports to this market block reached US$ 128.8 million, up by 4.1% over the same period last year. In which, exports to Japan decreased by 7.1%, but exports to Australia increased sharply by nearly 51%; to Canada and Singapore raised up 1.5% and 3% respectively over the same period last year.
In 2020, due to the influence of Covid-19, Japan's shrimp imports fell sharply, especially tiger shrimp products. The value of Japanese shrimp imports from the three largest sources of Thailand, Vietnam and Indonesia also decreased or leveled off. This also had a significant impact on shrimp imports in the first 3 months of this year.
US and EU markets
In the first two months of 2021, the total value of shrimp exports to the US reached 73 million USD, down by 1.4% and to the EU reached 52.3 million USD, down by 3.6% over the same period last year. Earlier this year, falling prices in global shrimp was also a reason for the drop in export value to the US and EU. According to many large shrimp importers, the demand for processed shrimp products in American restaurants has started to increase again, so many Indian and Indonesian processed shrimp exporters have started to take advantage of the opportunity to send this product to America. Vietnamese frozen shrimp is also competing well in this market. However, after the service industry has rebounded in the US and EU, it is forecasted that retail consumption will decrease, maybe in the near future there will be a shortage of shrimp products in the US, EU or UK, then shrimp imports will increase.
Russia
In the first two months of this year, Russia was the remarkable market as Vietnam's shrimp export value to this market increased by 107.4% over the same period last year, reaching $5.3 million. Although compared to other major export markets, this value is still modest, but this breakthrough growth is also a suggestion for businesses who want to change their market.
It can be seen that in the first two months of 2021, Vietnam's shrimp export value to many major markets decreased compared to the same period last year. However, reviewing the demands and the economic situation of major markets that are recovering, shrimp exporting enterprises can completely believe that Vietnam shrimp exports in the upcoming time will grow again positively.
(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
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