Global shrimp price tend to inch up because currency market was more stable (rise in JPY; more stability in the value of USD, EUR and currencies of Vietnam’s competitors). The price of domestic raw shrimp was higher than the same period of last year. Shrimp demand from main markets was stronger thanks to the stability in supply-demand at these markets. Vietnam shrimp exporters still benefit from lower duty rate of POR9. The shrimp supply from main producers like India, Thailand, Ecuador was affected by bad weather and diseases. The aboving factors helped to facilitate Vietnam shrimp exports in the first 3 months of this year.
Out of total shrimp exports by Vietnam in Jan-Mar 2016, the proportion of exported whiteleg shrimp and marine shrimp downed while that of black tiger shrimp rose. Demand for Vietnamese black tiger shrimp was higher thanks to its competitive price.
Among total shrimp exports, whiteleg shrimp took the highest proportion of 57.2% (from 59.2% of QI/2015), followed by black tiger shrimp with the proportion of 34.5% (from 31% of QI/2015) and the next was marine shrimp with 8.3% from 9.7% of QI/2015. For more detail, live/fresh/frozen whiteleg shrimp (HS code 03) was the most exported item with the revenue of US$190 million, making up 30.7% of the total shrimp exports. It was followed by live/fresh/frozen black tiger shrimp (HS 03) with the turnover of US$180 million, making up 29%.
Out of total shrimp exports in the period, exports of other processed black tiger shrimp (HS 16) reported the highest growth of 36.1% while exports of canned other shrimp (HS 16) reported the deepest dive of 76.9% with modest value of US$581 thousand.
QI/2016, Vietnam shrimp was exported to 64 markets from 67 ones of the same period last year. Top 10 largest markets of Vietnam shrimp included the US, EU, Japan, China, South Korea, Canada, Australia, ASEAN, Taiwan and Switzerlands, making up 94% of the total shrimp exports. Shrimp exports to main markets reported the year-on-year growth in which exports the US posted the highest growth of 30.6%, China (+24.3%), EU (+2.9%) and Japan (+0.7%). The decline was seen in exports to markets such as South Korea (-8%), Canada (-13,5%), Australia (-5,1%), ASEAN (-9,7%), Taiwan (-29,9%), Switzerland (-18,5%)…
Among single markets, shrimp exports to the UK and Belgium reported the year-on-year growth of 49.4% and 47.1%, respectively. The UK - the largest market of Vietnam shrimp in the EU bloc - has high demand for warmwater shrimp due to slump in coldwater shrimp supply.
In QII/2016, shrimp exports to Russia and China expected to rise and these two markets are considered as key markets in the coming time. Exports to the US and EU hoped to surge thanks to stability in supply-demand and shrimp price.
The revenue in QII predicted to reach US$788 million, up 10% year on year and the expected figure for the whole year of US$3.3 billion, up 12% year on year.
By Kim Thu
(vasep.com.vn) In the first quarter of 2026, Vietnam’s shrimp exports reached USD 1.069 billion, up 17.5% compared to the same period in 2025. This is a positive result amid an uneven global shrimp market recovery, intensifying competition among major suppliers, and continued volatility in the international trade environment. However, this growth does not reflect a broad-based recovery across the entire sector, but rather is driven mainly by strong performance in a few markets and specific product segments—most notably lobster exports to China.
(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.
(seafood.vasep.com.vn) In Quang Ngai Province, shrimp farming costs are rising sharply due to लगातार increases in feed, fuel, and input material prices, while farm-gate shrimp prices are declining. This has significantly reduced farmers’ profit margins and increased production risks.
(seafood.vasep.com.vn) Vietnam’s tilapia exports are experiencing impressive growth, reflecting expanding global demand as well as the sector’s development potential. However, behind the strong growth figures lie limitations in production capacity and supply chains, highlighting the need for sustainable development in the coming period.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to the Middle East in 2025 and early 2026 have shown notable growth. However, escalating geopolitical tensions in the region have increasingly impacted export activities since March. This situation presents a challenge of balancing market expansion opportunities with rising trade risks.
(seafood.vasep.com.vn) The Quang Tri Department of Agriculture and Environment has instructed localities to base their stocking schedules on actual conditions in each farming area, while developing plans, allocating resources, and implementing synchronized measures for disease prevention and disaster risk management in aquaculture production.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s exports of fish cakes and surimi exceeded USD 45 million, up 7% compared to the same period in 2025, indicating a positive outlook for this product segment amid recovering demand in many markets.
(seafood.vasep.com.vn) During the week from April 4th to 10th, 2026, Quang Ngai province intensified its monitoring and law enforcement activities with the determination to eliminate illegal, unreported, and unregulated (IUU) fishing practices.
(seafood.vasep.com.vn) Thanh Hoa’s shrimp sector is undergoing a strong transformation by accelerating the adoption of high technology, helping to improve productivity, increase profits, and meet market demands. The province currently has about 4,100 hectares of shrimp farming, with output continuing to rise despite stable farming area, mainly due to the shift from traditional methods to intensive and super-intensive farming.
(vasep.com.vn) Amid ongoing volatility in global seafood trade, Vietnam’s crab exports have made a fairly positive start to 2026. According to Vietnam Customs statistics, export turnover in the first two months of 2026 reached nearly USD 55 million, up 24% compared to the same period in 2025 and more than 2.2 times higher than in the same period of 2024. This indicates that crab exports are entering 2026 with stronger growth momentum, particularly in Asian markets.
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