Currently, only 5 of the 25 boats that make up the industrial fishing fleet are operating in the Caribbean Sea.
In addition, some 250 people are now no longer working because numerous vessels are no longer going out to fish resulting in shrimp processing plants receiving less raw materials.
The reduction in raw materials is also impacting export volumes.
"The cost of fuel has a direct impact on production costs and the shrimp fishery is the most affected, in this case by the rising price of diesel. Right now, most of the shrimp boats have remained docked, affecting production and employment," Segura told La Prensa.
Industry sources estimate that the fishing industry this year could record a decline of around 6 per cent in terms of export volumes, but perhaps, the value of these items will be similar to last year: USD 158 million.
"The recovery of prices will somewhat offset the decline in production," said Segura.
They have also been affected by natural phenomena, such as inclement weather, as well as other economic issues, such as rising fuel prices. Due to this, Segura believes that the fishing industry should focus more towards aquaculture.
According to the Center for Export Procedures (Cetrex), during the first two months of 2011, they reported a fall in export volumes of sea shrimp over the same period of 2010.
Between January and February last year, a total of 2048 tonnes of marine shrimp were shipped abroad for USD 2.17 million, while in the same two months of 2011, they exported 359 tonnes for USD 2.2 million.
Danilo Rosales, vice president of the Nicaraguan Institute of Fishing and Aquaculture (Inpesca), told Channel 8 de Television that the shrimp fishing fleet has reduced its productivity levels because the industry can not outweigh the cost of fuel.
(seafood.vasep.com.vn) With a focus on sustainable development, high-tech application, and climate change adaptation, An Giang Province aims to maintain its brackish water shrimp production in 2026 at a level equivalent to the previous year. Specifically, output is projected to reach over 155,510 tons, serving both domestic consumption and export processing, thereby sustaining the fisheries sector’s key role in the local economic structure.
(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).
(vasep.com.vn) Australia is emerging as one of the most stable and promising growth markets for Vietnamese shrimp. Amid global trade disruptions driven by geopolitical tensions—particularly conflicts in the Middle East—strengthening and expanding into stable markets like Australia has become increasingly important for Vietnam’s shrimp industry.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.
(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.
Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.
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