Evergreen is already cutting its exports in 2013, from around 1,800 metric tons last year, to only around 1,300t, said Liang Chaorong, manager-assistant at the company.
In 2014, this is likely to tumble to just 500-600t, he said.
In contrast, the group expects to sell 5,000-6,000t domestically from its own factories next year, up from 3,500t this year. The remaining 20,000-30,000t that its farms harvest is sold to third party plants.
“We will cut the export business from next year, and focus on the domestic,” Chaorong told Undercurrent News.
Chaorong cited the impact of early mortality syndrome (EMS), as well as high shrimp seed prices in
The shrimp raw material situation has “no chance” of getting any better next year, so farmers will use more antibiotics to prevent the shrimp from dying, said Chaorong. This, in turn, will make it impossible to export to markets where the use of antibiotics is limited or prohibited, such as
In addition, negotiations between
Farmers tried to negotiate the price downwards, citing a drop in quality, he said, and the parties failed to agree on a price.
A deal will have to be sealed by April next year in time for the next farming season, he said.
Both Evergreen and Zhanjiang Guolian Aquatic Products (Guolian) – considered to be China’s largest shrimp producer — had toldUndercurrent at the China Fisheries & Seafood Expo in Dalian in early November that they were in the process of cutting exports in favor of domestic sales.
Evergreen describes itself as a $1 billion-turnover group, owning hatcheries, farms, plants as well as fish and shrimp feed mills.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s shrimp exports reached USD 1.069 billion, up 17.5% compared to the same period in 2025. This is a positive result amid an uneven global shrimp market recovery, intensifying competition among major suppliers, and continued volatility in the international trade environment. However, this growth does not reflect a broad-based recovery across the entire sector, but rather is driven mainly by strong performance in a few markets and specific product segments—most notably lobster exports to China.
(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.
(seafood.vasep.com.vn) In Quang Ngai Province, shrimp farming costs are rising sharply due to लगातार increases in feed, fuel, and input material prices, while farm-gate shrimp prices are declining. This has significantly reduced farmers’ profit margins and increased production risks.
(seafood.vasep.com.vn) Vietnam’s tilapia exports are experiencing impressive growth, reflecting expanding global demand as well as the sector’s development potential. However, behind the strong growth figures lie limitations in production capacity and supply chains, highlighting the need for sustainable development in the coming period.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to the Middle East in 2025 and early 2026 have shown notable growth. However, escalating geopolitical tensions in the region have increasingly impacted export activities since March. This situation presents a challenge of balancing market expansion opportunities with rising trade risks.
(seafood.vasep.com.vn) The Quang Tri Department of Agriculture and Environment has instructed localities to base their stocking schedules on actual conditions in each farming area, while developing plans, allocating resources, and implementing synchronized measures for disease prevention and disaster risk management in aquaculture production.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s exports of fish cakes and surimi exceeded USD 45 million, up 7% compared to the same period in 2025, indicating a positive outlook for this product segment amid recovering demand in many markets.
(seafood.vasep.com.vn) During the week from April 4th to 10th, 2026, Quang Ngai province intensified its monitoring and law enforcement activities with the determination to eliminate illegal, unreported, and unregulated (IUU) fishing practices.
(seafood.vasep.com.vn) Thanh Hoa’s shrimp sector is undergoing a strong transformation by accelerating the adoption of high technology, helping to improve productivity, increase profits, and meet market demands. The province currently has about 4,100 hectares of shrimp farming, with output continuing to rise despite stable farming area, mainly due to the shift from traditional methods to intensive and super-intensive farming.
(vasep.com.vn) Amid ongoing volatility in global seafood trade, Vietnam’s crab exports have made a fairly positive start to 2026. According to Vietnam Customs statistics, export turnover in the first two months of 2026 reached nearly USD 55 million, up 24% compared to the same period in 2025 and more than 2.2 times higher than in the same period of 2024. This indicates that crab exports are entering 2026 with stronger growth momentum, particularly in Asian markets.
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