Ca Mau is regarded as the shrimp capital of Vietnam, of which the farming area represents for approximately 280,000 hectares of the total existing aquaculture area of more than 300,000 ha.
Utilizing and effectively exploiting the province's great potential and advantages along with good opportunities from Free Trade Agreements (FTAs), Ca Mau constantly promotes the development of the shrimp processing sector for export in order to increase value of export turnover after the COVID-19 pandemic.
Grasp the 'golden opportunity” to boost exports
In 2021 and the early months of 2022, shrimp processing enterprises in Ca Mau continue to take advantage of the opportunities and advantages from Free Trade Agreements (FTAs) to raise the value of their exports.
Deputy Director of Ca Mau Department of Industry and Trade Duong Vu Nam said that Vietnam has signed many FTAs including CPTPP, EVFTA, UKVFTA, RCEP, FTA, etc. This brings preferential tariff treatment for the province's exporters, especially seafood exporters.
According to Mr. Nam, seafood export is the most important industry, accounting for 92% of the province's total export turnover. Immediately after the EVFTA took effect on August 1, 2020, Vietnam's black tiger shrimp is able to enjoy the GPS tax rate of 0%, and the tax rate on whiteleg shrimp gradualy reduces to 0% after 5 years. Meanwhile, some other countries such as Thailand, India, Indonesia, and Ecuador are subject to the basic tax rate under the provisions of the EVFTA.
Besides, exporters in Ca Mau take advantage of great advantages to boost exports as soon as the Regional Comprehensive Economic Partnership (RCEP) officially came into effect from January 1, 2022. This is the world's largest FTA, covering 15 large markets around the world including 10 ASEAN countries, China, Japan, Korea, Australia and New Zealand.
By grasping this opportunity, in 2021, Ca Mau's export turnover to EVFTA member countries (EU) increased by 45.73%, to the UK (UKVFTA Agreement) increased by 53.31%, and to CPTPP countries increased 3% on the corresponding period last year. In addition, export turnover to some main markets of the province also grew dramatically; specifically, to the US market rose by 40.42%, to China rose by 30.1%, to Cambodia rose by 70.8%...
The increased export price of Ca Mau's shrimp has helped Ca Mau exporters improve their competitiveness in commodity in export markets.
Despite being affected by the COVID-19 pandemic, during the first quarter of 2022, Ca Mau's seafood processing sector still grew strongly compared to the same period in 2021. Specifically, the province's export turnover was estimated at 373 million USD, equivalent to 32.4% of the year plan, an increase of 104.6%; in which, seafood processing for export (mainly shrimp industry) is estimated at over 276 million USD, up 68.3% and fertilizer processing for export is estimated at 96.7 million USD, up 433.4% compared to the same period last year. Currently, the shrimp export market of Ca Mau province is stable, and Ca Mau shrimp has been present in more than 90 countries and territories around the world.
Compiled by Khanh Linh
(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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