The rise in the shrimp exports by Vietnam was thanks to stronger demand from main markets and upward trend of global shrimp price caused by supply shortage.
Markets
As of July this year, Vietnamese shrimp was exported to 76 markets. Top 10 key markets included the U.S., EU, Japan, China, South Korea, Canada, Australia, ASEAN, Taiwan and Switzerland. Shrimp exports to key markets saw the positive growth such as the U.S. up 16.3%; EU increased by 6%; China increased by 38%; Korea rose 9.3% excluding Japan fell 8.2%. Exports to smaller markets declined from 2.5%-28.6%.
Shrimp products for exports
The export value of all products of whiteleg shrimp and black tiger shrimp increased except for live/fresh/frozen black tiger shrimp (HS code 03) saw the y-o-y decline of 0.7%. Out of total shrimp exports in Jan-Jul 2016, the proportion of white shrimp increased by 1.5%; the share of black tiger shrimp fell 1.2% and marine shrimp downed 0.3% compared to the same period in 2015. The lower proportion of black tiger shrimp was partly because of decrease in supply caused by drought and salinity.
Of the total export value of shrimp, exports of canned other shrimp showed the deepest dive of 60%, however, this item accounted for a modest value of over US$1.7 million.
The U.S.
Vietnam shrimp exports to the U.S. maintained the growth thanks to higher demand from the market. While other suppliers to the U.S. such as India, Indonesia, Ecuador, Thailand saw the decrease in raw material supply, leading to higher export price. The U.S. also increased importing demand for black tiger shrimp while the harvests in both India and Indonesia fell. Now is the time for restaurants and retailers in the U.S. to launch the advertising strategy, trade promotion to boost consumption demand for shrimp. Vietnam shrimp exports to the U.S. in the first 7 months of this year reached US$364.8 million; up 16.3% over the same period last year.
The EU
Vietnam shrimp exports to the EU in the first 7 months of this year reached US$315.9 million; up 6% year on year. Inventories in the EU is low, importing demand for black tiger shrimp increased sharply while the supply of black tiger shrimp from Bangladesh, India, Indonesia to the market declined due to adverse weather.
In the EU bloc, importing demand for warmwater shrimp into the UK was still high due to lower supply of coldwater shrimp and its higher price. Vietnam shrimp exports to the UK increased by 6.6% in the period. Remarkably, in the EU bloc, Vietnam shrimp exports to the Netherlands showed the highest y-o-y increase of 25%.
China
Vietnam shrimp exports to China in the first 7 months of this year reached US$249.2 million; up 38% over the same period last year. Demand for importing shrimp by China is increasing strongly due to higher demand for domestic consumption, increase in people's incomes and down in domestic supply of shrimp.
Last year, China imported 300,000 MT of shrimp to meet the demand for fresh and processed shrimp in the domestic market. China is expected to remain high demand for importing shrimp in the coming period.
Japan
Shrimp exports to Japan as of July this year reached US$283.8 million USD; down 8.2% from the same period last year. Exports to this market went down due to higher price of shrimp imported into Japan despite yen’s strength. The higher price was attributable to decrease in raw shrimp supply from producers.
Vietnam shrimp exports in the coming months is expected to continue the rise in spite of unfavorable weather for domestic shrimp production.
By Kim Thu
(seafood.vasep.com.vn) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
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