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) Vietnamese tilapia is moving into a higher-value segment as brackish-water farmed fish from the Mekong Delta is now being processed for sashimi and exported regularly to Japan.
(seafoo.vasep.com.vn) Ca Mau Province is stepping up efforts to protect aquatic resources and promote transparent and sustainable fisheries, joining the country’s efforts to have the European Commission (EC) remove its “yellow card” warning for illegal, unreported and unregulated (IUU) fishing.
(vasep.com.vn) Vietnam has strengthened its position in China’s massive seafood market, becoming the largest lobster supplier while maintaining a dominant share of the country’s imported pangasius.
(vasep.com.vn) Vietfish 2026 was more than just a larger exhibition space. Through B2B meetings, booth discussions, production-chain visits and post-show feedback, businesses and buyers found something more concrete: suitable suppliers, processing capabilities, technology solutions, new markets and a foundation for building long-term trust and partnerships.
(vasep.com.vn) Vietnam’s tilapia exports to the United States declined significantly in the first seven months of 2026. Cumulative export value reached US$18 million, down 42% from the same period in 2025. In July alone, exports amounted to just US$2 million, plunging 70%, indicating a clear slowdown in import demand from the US market.
(vasep.com.vn) At the seminar “Global Seafood Markets and the Future Workforce: Trends, Opportunities and Directions for the Sustainable Development of Vietnam’s Fisheries Sector,” held as part of VIETFISH 2026, Ms. Shirlene Maria Anthonysamy, Fisheries Officer (Markets) and GLOBEFISH Coordinator at the Food and Agriculture Organization of the United Nations (FAO), presented initiatives aimed at promoting youth participation in fisheries and aquaculture.
(vasep.com.vn) In the first seven months of 2026, Vietnam’s pangasius exports to the United States reached US$189 million, down 8% year-on-year. In July alone, export value reached US$22 million, down 28%. This trend indicates that U.S. demand for pangasius imports has remained relatively cautious this year, as importers tend to maintain moderate inventory levels and limit stockpiling.
(vasep.com.vn) After three days at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, the Vietnam International Fisheries Exhibition – VIETFISH 2026 – has successfully concluded, leaving a strong impression in terms of scale, visitor numbers, the quality of business connections, and innovative activities. With more than 14,000 m² of exhibition space, 335 companies, 568 booths, participation from representatives of 17 countries and territories, and nearly 15,000 visitors, VIETFISH 2026 has once again affirmed its role as an important meeting point for Vietnam’s and the global seafood industry.
(seafood.vasep.com.vn) Held as part of Vietfish 2026 from August 19–21 at SECC in Ho Chi Minh City, a series of five specialized seminars provided the seafood business community with updates on markets, technology, standards, human resources and cooperation opportunities. With the participation of experts, international organizations, government agencies and businesses from Vietnam and abroad, the seminars created an additional platform for professional exchange alongside the exhibition’s product showcases and business networking activities.
(seafood.vasep.com.vn) On the morning of August 19, 2026, the Vietnam International Seafood Exhibition – VIETFISH 2026 officially opened at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. With 568 booths representing 335 companies, alongside the presence of senior government officials, local authorities, diplomatic missions and international partners, VIETFISH 2026 kicks off three days of business networking, technology exchange and market engagement under the overarching theme “Innovation and Sustainability.”
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