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
(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
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
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