In August this year, shrimp exports continued to record double-digit growth in most major consumer markets, such as the US, China, and the EU. Markets such as Japan and South Korea recorded a slight increase.
Reduced inventories and the need to import goods for the holiday season have caused markets to increase imports. In addition, raw shrimp prices from producing countries around the world as well as Vietnam tend to increase, positively affecting shrimp export prices.
For the US market, Vietnam's shrimp exports to the US increased by 21% to 91 million USD in August. In the first 8 months, shrimp exports to this market reached 482 million USD, up 7% over the same period last year.
Inventory levels in the US have decreased; retailers need to replenish inventory before the year-end holiday season. Positive information about the US economy has also helped Vietnam's shrimp exports to the US to be more positive.
For the Chinese and Hong Kong markets, Vietnam's shrimp exports to this market continued to recover in August with double-digit growth compared to the same period last year. In the first 8 months, shrimp exports to this market reached 477 million USD, up 21% compared to the same period last year.
Vietnam’s shrimp exports to China have increased again 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 shipments were rejected in June due to sodium metabisulfite residues. This has affected Ecuador’s shrimp exports to China.
According to China Customs, in the first seven months of this year, the volume of frozen warm-water shrimp imported into China decreased by 11% and 23% compared to the same period last year to 529,116 tons, equivalent to 2.5 billion USD. The economic situation in China is not very positive, reducing consumer purchasing power. However, the Mid-Autumn Festival and National Day holidays in China are expected to boost shrimp consumption here.
Raw shrimp prices and export prices both tend to increase
In the second week of September 2024, the price of whole chilled whiteleg shrimp increased by about 20% compared to the same period in 2023. Compared to the beginning of August 2024, the price of 30-count and 40-count shrimp increased by about 40%. Smaller shrimp increased by 13%–19% compared to the beginning of August.
The export price of Vietnamese white-leg shrimp to the US has been on an upward trend since February this year. The export price of white-leg shrimp to the Japanese market is also expected to increase due to the popularity of Vietnamese value-added and processed products and the appreciation of the yen.
Although in August, market demand was more positive and shrimp prices also tended to be positive, the Vietnamese shrimp industry still faced many challenges, especially in the farming stage when facing diseases in shrimp farming such as EHP. The shrimp industry needs the cooperation of management agencies and the entire chain to ensure the source of raw materials at the end of the year for processing and export.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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