Positive sign of Vietnam shrimp exports to the EU and US

News 09:29 20/12/2018
(seafood.vasep.com.vn) Since the second quarter of 2018, Vietnam shrimp export have continuously declined compared with the same period in 2017. In September, Vietnam shrimp exports decreased 14.8% over the same period last year to nearly 332 million USD. Due to the decline in the second quarter and the third quarter of this year, shrimp exports in the first nine months of this year reached $ 2.6 billion, with 4% lower as for the same period in 2017.

As shrimp supply from main producers in the world is still relatively large, the price of shrimp in the world has not increased. Meanwhile, trade barriers and measures to protect the domestic market from major import markets have also affected the shrimp exports of Vietnam.

In addition, the sharp rise of the dollar value compared to some other currencies has caused the importers to reduce the price of shrimp. Shrimp prices have recently tended to inch up but not enough to offset the impact of the dollar rise.

Whiteleg shrimp remained dominant in the structure of shrimp export products of Vietnam, accounting for 68.4%, while the proportions for black tiger shrimp and marine shrimp were 23.1% and 8.5% consecutively. Compared with the first nine months of 2017, the proportion of whiteleg shrimp increased while the proportion of black tiger shrimp decreased.

In the first nine months of 2018, the value of processed whiteleg shrimp exports increased by 1%, while that of black tiger shrimp fell by 7% and that of marine shrimp fell by 28% compared to the same period last year.

For whiteleg shrimp, the value of processed whiteleg shrimp (HS code 16) increased by 10% while live/fresh/frozen whiteleg shrimp (HS code 03) decreased by 5%. For black tiger shrimp, the value of processed black tiger shrimp (HS 16) decreased by 19% and that of live/fresh/frozen black tiger shrimp (HS code 03) dropped by 6%.

EU

EU is Vietnam's largest shrimp importer, accounting for 24.7% of Vietnam's total shrimp exports to markets. In the first quarter of this year, Vietnam shrimp exports to EU increased sharply in the context of shrimp export to big markets such as the US, China and Japan. However, in the third quarter of this year, shrimp exports to this market began to decline. Thanks to the positive growth in the first two quarters of this year, Vietnam shrimp exports to this market reached US$648.4 million in September, accumulating an increase of 11% over the same period in 2017.

The UK, the Netherlands and Germany are the three largest shrimp importers of Vietnam in the EU. In the first nine months of this year, shrimp exports to all three markets showed positive growth of 27.6%, 11.6% and 19.4% respectively over the same period last year.

Vietnamese shrimp still maintains competitive advantages over other EU competitors such as India and Thailand. These rivals of Vietnam are increasingly reducing exports to the EU due to issues on quality standards.

In Europe, the demand for convenience food is increasing due to busy life and time pressure. Consumers enjoy meals that are easy to prepare and easy to cook with affordable price. If businesses provide PUD shrimp products, marinated shrimp with competitive price, companies will take up a lot of opportunities in this market in the coming time.

The US

The US is Vietnam's third largest shrimp importer, accounting for 18% of Vietnam's shrimp export value to markets. After the decline from April to July this year, exports to this market has recovered in August and September this year. Export of shrimp to the US in the first nine months of this year reached $ 472.4 million, with 3% lower compared to that of the same period in 2017.

The end result of the anti-dumping duty for Vietnamese shrimp during the 12th administrative review period - POR12 (from 1 February 2016 to 31/1/2017) has been reduced to 4.58%. This positive result will help Vietnamese shrimp farmers firmly boost sales to the US market in the coming time, especially the period of buying from American importers for the demands of Tet holidays.

In addition, the US-China trade war is also an opportunity for shrimp exporters of Vietnam to promote exports to this market because the US imposed high tariffs on Chinese goods.

The US is one of the major markets of Vietnam shrimp with turnover of over US$600 million per year. As a result, the reduction of anti-dumping tax is a favorable condition for Vietnamese shrimp to increase its competitiveness in this market.

Market demand is showing signs of good movement. If Vietnam's shrimp export price and world shrimp price are improved in the coming time, shrimp exports of Vietnam in the last quarter of this year will achieve positive growth.

Bạn đang đọc bài viết Positive sign of Vietnam shrimp exports to the EU and US tại chuyên mục News của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Food safety control for Vietnam’s exported tilapia

 |  09:04 24/08/2026

(seafood.vasep.com.vn) Vietnam’s tilapia industry is maintaining strong growth momentum, with significant room for further expansion in the coming years. In 2025, total tilapia production reached approximately 420,000 tonnes, up 33% from 2024 and 2.2 times higher than in 2015. During 2015–2025, production grew at an average annual rate of around 8.4%. As production and exports continue to expand, food safety control is receiving increasing attention to ensure product quality, meet the increasingly stringent requirements of international markets, and provide a foundation for the sustainable development of Vietnam’s tilapia industry.

International B2B at Vietfish 2026: Connecting Global Buyers with Vietnamese Seafood Businesses

 |  10:15 21/08/2026

(seafood.vasep.com.vn) On the afternoon of August 19, 2026, as part of the Vietnam International Seafood Exhibition – Vietfish 2026, the Hosted Buyer Program continued with the seminar “Vietnam Seafood Outlook 2026–2027: A Strategic Sourcing Destination,” followed by 1-to-1 B2B meetings between international buyers and Vietnamese seafood businesses.

U.S. Consul General Melissa Brown highlights opportunities for U.S.–Vietnam seafood cooperation at VIETFISH 2026

 |  13:29 19/08/2026

(seafood.vasep.com.vn) Speaking at the Opening Ceremony of VIETFISH 2026 on August 19 at the Saigon Exhibition and Convention Center (SECC), U.S. Consul General Melissa Brown highlighted the important role of the exhibition in connecting Vietnam’s growing seafood industry with buyers, suppliers, and partners from the United States and around the world.

Only 1 day to go: Vietfish 2026 officially opens tomorrow at SECC

 |  09:46 18/08/2026

(vasep.com.vn) Tomorrow, August 19, 2026, the Vietnam International Seafood Exhibition – Vietfish 2026 will officially open at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Taking place over three days, from August 19–21, Vietfish 2026 promises to provide a dynamic platform for business networking, trend updates, product experiences and comprehensive cooperation across the domestic and international seafood community.

Vietfish 2026: Discover the potential of Vietnamese tilapia at booth B1209

 |  17:16 14/08/2026

(vasep.com.vn) The global tilapia market continues to grow, creating significant opportunities for countries with strengths in aquaculture, processing, and exports. Against this backdrop, Vietnam’s tilapia industry is gradually developing toward higher quality, greater product diversification, and broader market reach. At Vietfish 2026, the Vietnam Association of Seafood Exporters and Producers (VASEP), together with the VASEP Tilapia Producers and Exporters Club, will host a joint booth to promote the image and potential of Vietnamese tilapia to domestic and international buyers.

Vietnam’s seafood exports near record $12 billion but hurdles mount

 |  09:40 13/08/2026

(seafood.vasep.com.vn) Vietnam’s seafood exports are heading towards $12 billion this year, potentially the highest level on record. Yet one of the country’s export strengths is facing a growing list of challenges.

Vietnam’s tilapia outlook to 2030

 |  09:34 11/08/2026

(seafood.vasep.com.vn) The first six months of 2026 indicate that Vietnam’s tilapia industry is entering a new phase of development, with strong export growth but also greater demands for production scale, quality and international competitiveness.

Vietfish 2026 – A Hub for Innovation, Connectivity, and Sustainable Growth in Vietnam’s Seafood Industry

 |  11:50 07/08/2026

(seafood.vasep.com.vn) Vietfish 2026, the Vietnam International Seafood Exhibition, will officially take place from 19–21 August 2026 in Ho Chi Minh City. As Vietnam’s largest annual seafood trade event, organized by the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietfish 2026 will once again bring together leading seafood companies, industry experts, and international partners from across the global seafood value chain.

Seafood exports stay above US$1.1 billion in July: Growth momentum likely to slow as US tariffs begin to “filter through” to orders

 |  17:09 06/08/2026

(seafood.vasep.com.vn) Vietnam’s seafood exports reached USD 1.1 billion in July 2026, up 4.8% compared to the same period in 2025. Cumulative exports in the first seven months of the year totaled nearly USD 6.86 billion, an increase of 11.5% year-on-year. Exceeding the USD 1 billion mark in July further reinforces the prospect that Vietnam’s seafood exports could surpass USD 12 billion in 2026. However, the July figures also send a clear signal that the most favorable growth period may have passed: overall export growth slowed to just 4.8%, pangasius exports fell 6.1%, tuna exports were virtually flat, while exports to the EU, South Korea, and the Middle East all recorded double-digit declines.

Vietfish 2026 Seminar: Global seafood market trends and the future workforce

 |  11:38 05/08/2026

(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the seminar "Global Seafood Market and the Future Workforce: Trends, Opportunities, and Sustainable Development Pathways for Vietnam's Seafood Industry" will take place from 2:00 p.m. to 4:15 p.m. on August 19, 2026, at Convention Room B, Level 2, SECC, Ho Chi Minh City. This is the first of five specialized seminars at Vietfish 2026, focusing on key issues that are shaping the long-term development of Vietnam's seafood industry.

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