According to ITC, in the first four months of 2020, Vietnam was still the largest shrimp supplier to Japan, accounting for 26.5% of total shrimp imports into this country. Thailand ranked second with 16.7%, followed by Indonesia at 15.8% and India at 12.2%. The average price of shrimp imports from Vietnam and Thailand gets the highest levels, at US$11/kg and US$11.25/kg, respectively. In the top of major suppliers, Vietnam has to compete on price with other suppliers in this market (Indonesia: US$10.25/kg, India: US$8.96/kg ...).
For raw shrimp (HS code 030617) imports into Japan, the import tax for Vietnam, Thailand, Indonesia and India shrimp was equal to 0%, the import tax for shrimp of Argentina, and China was 1%. Before receiving preferential treatment from the trade agreements between Vietnam and Japan, Vietnamese shrimp products HS code 160521 and 160529 exports to Japan were taxed respectively 1.08% and 1.42%.
Notably, among the top staple suppliers, shrimp imports into Japan from India in the first four months of this year grew by 19%. In early April 2020, Japan reduced the frequency of tested samples for black tiger shrimp imports from India from 100% to 30% as the test no longer found furazolidone in shrimp lots from India. This is a good opportunity for Indian shrimp processors to increase exports to Japan. To date, Japan consumes nearly 40% of India's total export of black tiger shrimp. As such, Vietnamese shrimp will have to compete more with Indian shrimp in this market.
According to the data of Vietnam Customs, Japan was the largest shrimp importer of Vietnam, accounting for 21% of the total export value of Vietnamese shrimp to markets. In the first four months of 2020, Vietnam's shrimp exports to Japan reached nearly US$180.5 million, up 11% over the same period in 2019. In the first four months of 2020, Vietnam's shrimp exports to Japan grew sharply in February 2020 with 63.2% and April 2020 with 19%, exports in January, and March declined slightly.
For many years, Vietnam has maintained its No. 1 position in shrimp supply to Japan thanks to its advantages over other suppliers in the Japanese market. The ASEAN-Japan Free Trade Agreement (AJCEP) came into force on December 1, 2008, and the Vietnam-Japan Bilateral Free Trade Agreement (VJEPA) came into force on October 1, 2009. These agreements helped create favorable conditions for tariffs on Vietnam's seafood exports to Japan. Shrimp exports to Japan are more conducive when CPTPP takes effect from January 2019.
2020 is considered to be the second year the Japanese economy grows low. The real GDP of the Japanese economy is expected to grow by only 0.49% in the fiscal year kick-off in April 2020. Trade tensions with South Korea, the political situation in the US continue to affect the Japanese economy. It is unlikely that Japan will increase its seafood consumption demand, including shrimp in 2020. It is expected that Vietnam's shrimp exports to Japan will not increase in 2020.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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