In July this year, shrimp exports recorded growth in most major consuming markets such as the US, China, and the EU. In July, markets like Japan and South Korea, which had seen declines or only slight increases in the previous months, recorded double-digit growth rates.
Reduced inventory and increased demand for imports to serve the year-end holidays caused these markets to increase their imports. In addition, the price of raw shrimp from producing countries around the world and Vietnam is also trending upwards, which positively impacts the export shrimp prices.
For the US market, Vietnam's shrimp exports to the US increased by 16% to $89 million in July. Cumulatively in the first 7 months, shrimp exports to this market reached $391 million, up 4% compared to the same period last year.
Inventory levels in the US have decreased, and retailers need to replenish their stocks before the year-end holiday season. Positive news about the US economy, such as a slight increase in retail sales in July compared to the same period last year, as well as growth in consumer spending, business investment and exports, wage increases, and low unemployment rate, indicate that inflation in the US is showing signs of cooling down. Frozen shrimp remains the leading product among the best-selling retail items in the US.
US shrimp import demand is expected to continue growing in the third quarter, and prices are expected to increase slightly from July onwards.
According to data from the National Oceanic and Atmospheric Administration (NOAA) of the US, in the first 6 months of the year, the US imported 351,025 tons of shrimp, valued at $2.7 billion, down 3% in volume and 6% in value compared to the same period in 2023.
For the China & Hong Kong market, Vietnam's shrimp exports to this market have shown a recovery trend in July with double-digit growth compared to the same period last year. Cumulatively in the first 7 months, shrimp exports to this market reached $399 million, up 18% compared to the same period last year.
Vietnam's shrimp exports to China have resumed growth thanks to increased import demand from this market. In addition, Ecuador (Vietnam's main competitor in the Chinese market) has faced strict inspections from China, and some of its shipments were rejected in June due to residues of sodium metabisulfite. This has affected Ecuador's shrimp exports to China.
Export enterprises continue to face challenges such as rising sea freight costs and global conflict risks. Shrimp farming activities in August and September will also be affected by heavy rains, which may lead to a lower supply of commercial shrimp from now until the end of the year. However, enterprises have also developed their own strategies, such as securing contracts for the whole year and increasing raw material inventory. It is expected that in the last months of the year, the global economy and key import markets will show better signals, allowing the shrimp industry to achieve its goals for 2024.
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
(seafood.vasep.com.vn) As part of Vietfish 2026, the International Seafood Hosted Buyer Program has been designed as a dedicated B2B matchmaking initiative for selected international buyers. The program provides opportunities to meet directly with Vietnamese seafood companies, gain market insights, and experience Vietnam's seafood supply chain firsthand.
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