China’s shrimp imports surge in the first five months
According to China Customs data, the country imported 85,458 metric tons of shrimp in May 2026, up 15% year-on-year. This marked the fifth consecutive month of positive growth, following increases of 36% in January, 15% in February, 24% in March, and 33% in April.
Cumulatively, China imported 429,077 metric tons of shrimp in the first five months of 2026, up 25% in volume, with import value reaching USD 2.2 billion, an increase of 21%.
These figures suggest that the Chinese market is recovering more clearly than in 2025, when total shrimp imports reached 901,563 metric tons, down 2% in volume but still up 5% in value. The strong growth in early 2026 reflects not only seasonal factors but also the expanding role of imported seafood in Chinese consumers’ spending patterns.
However, the slower growth in value compared with volume indicates that average import prices remain under pressure. This aligns with abundant global shrimp supplies, particularly from Ecuador and India, while China’s domestic consumption recovery has not been uniform across all market segments.
Ecuador leads as competition among suppliers intensifies
Ecuador remains China’s largest shrimp supplier. In May 2026 alone, Ecuador exported 65,423 metric tons of shrimp to China, up 26% year-on-year. During the first five months, Ecuador’s shipments reached 328,740 metric tons, up 29%, accounting for nearly three-quarters of China’s total shrimp imports.
Ecuador’s strengths lie in its large production volume, competitive pricing, stable supply of raw whiteleg shrimp, and industrial-scale production model. These products are well suited to mass consumption, reprocessing, wholesale markets, retail channels, and casual dining restaurants in China.
Nevertheless, Ecuador is facing growing pressure from China’s tighter inspections of sodium metabisulfite residues. In May, approximately 4% of Ecuadorian shrimp shipments to China were denied customs clearance due to exceeding permitted limits. If this issue persists, it could slow deliveries, increase quality-control costs, and create opportunities for other suppliers.
India remains the second-largest supplier. In May 2026, India exported 12,352 metric tons of shrimp to China, down 12% after four months of strong growth. However, cumulative exports during the first five months still reached 62,100 metric tons, up 31%. India competes directly with Ecuador in frozen whiteleg shrimp, but its advantages are becoming less pronounced as Ecuador continues to strengthen its dominance in both scale and pricing.
Other suppliers such as Thailand, Argentina, and Indonesia have smaller market shares but remain noteworthy. Thailand exported 10,145 metric tons during the first five months, up 10%, benefiting from its strengths in processed products and consistent quality standards. Indonesia shipped 5,868 metric tons, up 28%, while Argentina exported 8,165 metric tons, down 15%, mainly competing in the natural red shrimp segment.
For Vietnamese companies, these developments indicate that China is a large but challenging market for low-priced raw whiteleg shrimp. Competing with Ecuador and India on price alone will be difficult without advantages in scale, farming costs, and supply chain efficiency. A more suitable strategy is to focus on higher-value segments requiring superior quality, rapid delivery, specialty products, black tiger shrimp, processed shrimp, live and fresh shrimp, and particularly lobster.
Chinese consumers are becoming more selective
China has been a net importer of seafood since 2022, marking a major shift in consumption patterns. Previously, imports mainly served reprocessing and re-export activities, but an increasing share of imported seafood is now consumed domestically.
The expansion of the middle class, growing demand for high-quality protein, healthier eating habits, and the development of modern retail, e-commerce, and restaurant chains are all supporting seafood demand. However, growth is uneven across market segments.
Premium products such as salmon, lobster, and live crab continue to have strong growth potential due to demand from higher-income consumers, restaurants, holiday consumption, and gifting occasions. Meanwhile, low-priced products are also growing as consumers become increasingly price-sensitive. The mid-range segment faces greater pressure as consumers either upgrade to premium products or shift to more affordable options.
This trend is also evident in the shrimp sector. Ecuadorian whiteleg shrimp dominate the mass-market segment due to their competitive pricing and abundant supply. Processed and conveniently packaged shrimp products are gaining opportunities in modern retail channels. Lobster and live seafood continue to fit the premium segment, but requirements related to compliance, traceability, quarantine, and supply stability are becoming increasingly stringent.
Lobster: Vietnam’s bright spot amid rising competition
Within China’s shrimp imports, lobster is a high-value segment of particular importance to Vietnam. In May 2026, China imported 5,652 metric tons of lobster, nearly unchanged year-on-year but still above the five-year average.
Vietnam was the largest supplier by volume in May, exporting 2,239 metric tons and accounting for 40% of China’s lobster imports, ahead of Canada with 1,996 metric tons and a 35% share.
In 2025, China’s lobster imports reached a record 69,774 metric tons. Vietnam became the largest supplier with 24,067 metric tons, accounting for 34.5% of total imports and surpassing Canada, the United States, and Australia.
Vietnam’s advantages include its proximity to China, shorter transportation times, flexibility in supplying live products, and green lobster products that are priced appropriately for a broader consumer segment.
However, these advantages are becoming less secure. Canada has an opportunity to regain market share after China suspended its 25% tariff on Canadian lobster and crab from March 2026 through the end of the year. Australia has also returned to the Chinese market with live rock lobster, competing in the premium restaurant and gift segments.
As a result, Vietnam’s lobster industry needs to move beyond short-term advantages in pricing and geographic proximity toward long-term competitiveness based on quality, traceability, farm codes, packing facility registration, and formal trade channels.
Strong export growth but challenges remain in maintaining competitiveness
According to VASEP data based on Vietnam Customs statistics, Vietnam’s shrimp exports reached USD 1.9 billion in the first five months of 2026, up 12.1% year-on-year.
China was Vietnam’s largest market, with exports reaching USD 681.7 million, accounting for 36.1% of total shrimp exports and increasing by 49.3%. Including Hong Kong, exports totaled USD 711.4 million, representing 37.6% of total shrimp exports and rising by 46.4%.
In May 2026 alone, shrimp exports to China reached USD 125.9 million, up 27.7% year-on-year. The biggest growth driver came from lobster. During the first five months, Vietnam’s lobster exports to China exceeded USD 506 million, up 44.3%, while green lobster exports reached USD 503.9 million, accounting for 99.53% of total lobster export value to the market.
Demand for shrimp in China is expected to remain positive in the second half of the year, particularly as peak consumption seasons, restaurant channels, and e-commerce continue to support purchasing activity. However, the market is becoming increasingly selective.
For whiteleg shrimp, Vietnamese companies will struggle to compete with Ecuador on price. For lobster, opportunities remain significant, but the risks associated with market dependence, quarantine policies, and traceability requirements are also becoming more apparent.
Therefore, companies should prioritize quality control at the farming level, standardize export documentation, fully register facilities with China’s General Administration of Customs (GACC), and develop value-added products to avoid being drawn into purely price-based competition.
(seafood.vasep.com.vn) On the afternoon of August 19, 2026, as part of the Vietnam International Seafood Exhibition – Vietfish 2026, the Hosted Buyer Program continued with the seminar “Vietnam Seafood Outlook 2026–2027: A Strategic Sourcing Destination,” followed by 1-to-1 B2B meetings between international buyers and Vietnamese seafood businesses.
(seafood.vasep.com.vn) Speaking at the Opening Ceremony of VIETFISH 2026 on August 19 at the Saigon Exhibition and Convention Center (SECC), U.S. Consul General Melissa Brown highlighted the important role of the exhibition in connecting Vietnam’s growing seafood industry with buyers, suppliers, and partners from the United States and around the world.
(vasep.com.vn) Tomorrow, August 19, 2026, the Vietnam International Seafood Exhibition – Vietfish 2026 will officially open at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Taking place over three days, from August 19–21, Vietfish 2026 promises to provide a dynamic platform for business networking, trend updates, product experiences and comprehensive cooperation across the domestic and international seafood community.
(vasep.com.vn) The global tilapia market continues to grow, creating significant opportunities for countries with strengths in aquaculture, processing, and exports. Against this backdrop, Vietnam’s tilapia industry is gradually developing toward higher quality, greater product diversification, and broader market reach. At Vietfish 2026, the Vietnam Association of Seafood Exporters and Producers (VASEP), together with the VASEP Tilapia Producers and Exporters Club, will host a joint booth to promote the image and potential of Vietnamese tilapia to domestic and international buyers.
(seafood.vasep.com.vn) Vietnam’s seafood exports are heading towards $12 billion this year, potentially the highest level on record. Yet one of the country’s export strengths is facing a growing list of challenges.
(seafood.vasep.com.vn) The first six months of 2026 indicate that Vietnam’s tilapia industry is entering a new phase of development, with strong export growth but also greater demands for production scale, quality and international competitiveness.
(seafood.vasep.com.vn) Vietfish 2026, the Vietnam International Seafood Exhibition, will officially take place from 19–21 August 2026 in Ho Chi Minh City. As Vietnam’s largest annual seafood trade event, organized by the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietfish 2026 will once again bring together leading seafood companies, industry experts, and international partners from across the global seafood value chain.
(seafood.vasep.com.vn) Vietnam’s seafood exports reached USD 1.1 billion in July 2026, up 4.8% compared to the same period in 2025. Cumulative exports in the first seven months of the year totaled nearly USD 6.86 billion, an increase of 11.5% year-on-year. Exceeding the USD 1 billion mark in July further reinforces the prospect that Vietnam’s seafood exports could surpass USD 12 billion in 2026. However, the July figures also send a clear signal that the most favorable growth period may have passed: overall export growth slowed to just 4.8%, pangasius exports fell 6.1%, tuna exports were virtually flat, while exports to the EU, South Korea, and the Middle East all recorded double-digit declines.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the seminar "Global Seafood Market and the Future Workforce: Trends, Opportunities, and Sustainable Development Pathways for Vietnam's Seafood Industry" will take place from 2:00 p.m. to 4:15 p.m. on August 19, 2026, at Convention Room B, Level 2, SECC, Ho Chi Minh City. This is the first of five specialized seminars at Vietfish 2026, focusing on key issues that are shaping the long-term development of Vietnam's seafood industry.
(seafood.vasep.com.vn) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.
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