Continuous rise in Vietnam shrimp exports

News 15:37 08/09/2016
(seafood.vasep.com.vn) Vietnam shrimp exports in Jul 2016 saw the highest in the first 7 months of this year with the export turnover of US$274 million, an increase of 4% compared to Jul 2015. In Jan-Jul 2016, Vietnam’s shrimp sales reached US$1.6 billion; up 4.6% from the same period of last year.

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  

 

Bạn đang đọc bài viết Continuous rise in Vietnam shrimp exports tại chuyên mục News của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Da Nang city takes strong action against IUU fishing

 |  11:12 05/12/2025

(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.

Vietnam’s tuna exports to Israel drop nearly 50% in the first 9 months of 2025

 |  09:13 04/12/2025

(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.

Vietnam exports first shipment of 700 tons of tilapia to Brazil

 |  09:42 02/12/2025

(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.

Pangasius Exports in October 2025: Positive Growth Momentum Led by China's Recovery

 |  12:40 28/11/2025

(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.

Appeal letter: Calling for Support to overcome the consequences of flooding in the central provinces

 |  10:39 27/11/2025

In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.

Raw shrimp prices remain stable, slight declines in some sizes at the end of October 2025

 |  09:04 26/11/2025

(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.

Vietnam’s shrimp exports in October 2025 hit the highest level since the beginning of the year

 |  08:26 25/11/2025

(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.

US temporarily suspends import ban on crab from Vietnam and three Asian countries

 |  09:03 24/11/2025

(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).

An Giang’s fisheries sector makes active contributions to the marine economy and international integration

 |  09:15 21/11/2025

(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.

Vietnam pangasius exports in September 2025: Driven by CPTPP markets and processed products

 |  11:24 19/11/2025

(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.

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

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC