Although this is a relatively small market, the UAE is considered a potential one due to its growing demand for seafood, including shrimp, especially after the recent signing of the Vietnam-UAE Comprehensive Economic Partnership Agreement (CEPA), which opens up new opportunities for shrimp exports to this market.
In the first nine months of this year, shrimp exports to this market reached US$7.4 million, accounting for 0.3% of the total and growing by 34% compared to the same period in 2023.
Key shrimp products exported to this market include frozen black tiger shrimp, frozen cooked PDTO whiteleg shrimp, frozen fresh EZP shrimp, frozen whole black tiger shrimp, frozen cooked whiteleg shrimp, frozen fresh PD shrimp, frozen breaded whiteleg shrimp, frozen fresh whiteleg shrimp, and frozen fresh Nobashi whiteleg shrimp.
Major shrimp exporters to the UAE include Ca Mau Seafood Processing and Service Joint Stock Company, Nam Kinh Seafood Company Limited, Minh Phu Seafood Corporation, and Minh Phu Giang Seafood Joint Stock Company.
|
Top 10 Largest Shrimp Exporters to UAE, Q1-Q3/2024 |
||
|
No. |
Company name |
Proportion (% Value) |
|
1 |
Ca Mau Seafood Processing and Service Joint Stock Company |
26,3 |
|
2 |
Nam Kinh Seafood Company Limited |
22,8 |
|
3 |
Minh Phu Seafood Corporation |
14,4 |
|
4 |
Minh Phu - Hau Giang Seafood Joint Stock Company |
7,4 |
|
5 |
Seafood Travel Construction Import-Export Joint Stock Company |
6,2 |
|
6 |
Dong Nam Seafood Import-Export Company Limited |
4,7 |
|
7 |
Sapawi Company Limited |
3,2 |
|
8 |
Silvera Food Trading Company Limited |
2,2 |
|
9 |
Phuoc Long Seafood Import-Export Company Limited |
2 |
|
10 |
Gallant Ocean Vietnam Joint Stock Company |
1,5 |
|
(Source: compiled by VASEP, for reference only) |
||
In the UAE market, Vietnamese shrimp face competition from India, China, and Ecuador. India dominates nearly 60-70% of the market share, while Ecuador has recently entered the market with a 15% share, whereas Vietnam's market share is only about 5-7%. India seems to have taken advantage of tariff preferences in this market to increase its shrimp export market share over the years. It is expected that with the newly signed CEPA, Vietnam is hopeful that its shrimp exports will soon enjoy the highest tariff incentives, facilitating an increased market share.
CEPA is Vietnam’s first free trade agreement with an Arab nation, opening a new era in upgraded and increasingly substantive relations between Vietnam and the UAE in particular and Arab countries in general.
Notably, both sides have made strong commitments to trade liberalization, with the UAE pledging to gradually eliminate tariffs on 99% of Vietnam's exports to the UAE. The agreement also includes many provisions to facilitate trade and investment, in line with current trends of digital transformation and green development.
With its strategic geographic location, advanced logistics system, and modern seaport infrastructure, the UAE serves as a vital gateway that can enable Vietnamese goods to access and expand into Middle Eastern, African, and European markets.
Moreover, the growing population, high income levels, rapid urbanization, increasing disposable income, and young people's preference for seafood, as well as the increasing online search for seafood products in recent years are expected to boost seafood consumption in the region.
However, the UAE remains a highly competitive market in terms of price and quality. Vietnamese enterprises need to adopt advanced science and technology in production, adjust management methods, minimize intermediate costs, in order to reduce product costs and enhance the competitiveness of their products. In addition, enterprises need to build a Halal certification system for shrimp products when exporting to this market.
(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).
(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.
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