Vietnam shrimp exports in February 2022 reached 244.8 million USD, up 55% compared to February 2021. Shrimp exports in February decreased from that in January, as it was around the Lunar New Year period. In the first 2 months of the year, Vietnam shrimp exports reached nearly 558 million USD, up 48% year-on-year. Shrimp exports in January and February had a remarkable growth compared to the same period in previous years.
In the structure of Vietnam's shrimp exports in the first two months of this year, exports of white leg shrimp and black tiger shrimp grew by double digits, at 49% and 54% respectively. Exports decreased only for some marine shrimps. Export of processed shrimp (HS code 16) witnessed the strongest growth of 119%.
The US continues to be Vietnam's largest single shrimp import market, accounting for 21% of the country's total shrimp export turnover. Shrimp exports to the US continued to maintain the growth momentum of 2021. In the first two months of this year, shrimp exports to the US reached 117.5 million USD, up 61% over the same period last year. As the US market reopened after Covid-19, the demand for seafood imports, including shrimp, continued to rebound. Vietnam is still the fourth largest shrimp supplier in the US market after India, Ecuador, and Indonesia.
After a sharp decline of 22% in 2021, there have been signs of recovery for exports to China in the first 2 months of this year. In February 2022, Vietnam's shrimp exports to China reached 21.3 million USD, up 41% compared to February 2021. In the first 2 months of this year, exports to this market reached 39.7 million USD, up 14% over the same period last year.
China is one of the world's largest shrimp-consuming markets with huge food service channels. China's shrimp imports are forecasted to increase sharply in 2022. However, China's regulations and barriers are still strict, especially given the time when China's customs authorities are tightening supervision of imported food products during the COVID-19 pandemic. Enterprises exporting to this market need to ensure the control and prevention of Covid-19 during the production and export of shrimp to China.
It is forecasted that shrimp exports will continue to grow by about 40% in March 2022 thanks to strong market demand. Full-year exports are expected to reach more than 4 billion USD, up 3% compared to 2021.
However, the price of gasoline and oil has increased to a record high in recent years, causing transportation costs to increase, greatly affecting production costs and profits of enterprises. In addition, enterprises still have to face many difficulties such as the high cost of input materials for production, international shipping fees continuing to increase, increasing production costs, and dwindling competitiveness compared to competing countries such as India, Ecuador, Indonesia...
In 2022, the US, EU, and Japan will still be the main export markets for Vietnam's shrimp. Besides, focus on other potential markets such as Canada, Australia, the UK, etc. Russian market will be interrupted due to the risks of payment and transportation and it will be difficult to recover in a short time.
The war between Russia and Ukraine has more or less affected shrimp exports to Russia and Ukraine, although these two markets only account for a very small proportion of Vietnam's total shrimp exports: Russia accounted for 1%, Ukraine accounted for 0.03%. However, this conflict will increase gasoline prices and lead to a series of other input cost increases, affecting prices and profits of processing and exporting companies.
Compiled by Minh Trang
(seafood.vasep.com.vn) Vietnam’s seafood exports in February 2026 reached approximately USD 707 million, up 8% compared to the same period last year. Cumulatively, exports in the first two months of 2026 totaled USD 1.7 billion, an increase of 20.2% year-on-year. The results show that the sector’s recovery momentum has remained relatively solid following strong growth in January, although the pace slowed noticeably in February for several key products and major markets. Within the overall picture, shrimp continues to be the largest pillar, pangasius rebounds strongly, while tuna exports and the U.S. and Korean markets are sending signals that warrant closer monitoring. In March, seafood exports are expected to gain additional momentum from markets other than the U.S., potentially supporting stronger growth.
(seafood.vasep.com.vn) In the first months of 2026, fishing activities in Quang Tri province recorded many positive signals, with output reaching over 15,941 tons. This result not only demonstrates fishermen’s efforts to stay offshore but also reflects the effectiveness of management and support measures implemented by local authorities.
(seafood.vasep.com.vn) In the first months of 2026, IUU prevention models focused on communication and mobilizing fishermen to comply with fisheries laws and avoid encroaching on foreign waters—related to combating illegal, unreported, and unregulated (IUU) fishing—have been implemented in coastal localities of Lam Dong province and have delivered initial positive results.
(seafood.vasep.com.vn) The sharp rise in raw pangasius prices to record levels is sending positive signals for the industry, but experts warn of potential supply–demand imbalances if production is not tightly controlled.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, the country’s total canned tuna export value in 2025 reached over USD 275 million, down 8% compared to 2024. Vietnamese canned tuna products were present in approximately 80 markets worldwide. However, the 2025 picture shows clear divergence: the U.S. maintained stability, the EU declined sharply, while several Middle East–North Africa (MENA) markets accelerated.
(seafood.vasep.com.vn) In 2025, Vietnam’s crab exports reached nearly USD 86 million, up almost 6% compared to 2024. A notable feature of 2025 was the strong market concentration in the United States, which accounted for more than 81% of Vietnam’s total crab export value, up 10% from the previous year. In contrast, exports to several Asian markets declined significantly, resulting in only modest overall growth for the year.
(seafood.vasep.com.vn) In 2025, Vietnam’s tilapia exports recorded impressive growth, with total export turnover reaching over USD 99 million, highlighting the increasingly important role of this product in the country’s seafood export structure. Of this total, tilapia fillets and other fish meat products accounted for USD 61 million, representing 61% of total export value and reaffirming their position as the key product category.
(seafood.vasep.com.vn) Shrimp seed quality is considered the “first link” and a decisive factor affecting the efficiency of the entire commercial shrimp production chain. High-quality seed directly influences survival rates, growth performance, and disease resistance, thereby determining production costs, productivity, and farmers’ profitability.
(seafood.vasep.com.vn) As part of its agricultural restructuring strategy toward sustainability, Quang Tri Province is gradually promoting environmentally friendly aquaculture models. Among these, organic-oriented golden pompano farming is considered a promising direction, aligned with the goals of enhancing production value and building sustainable rural areas.
(seafood.vasep.com.vn) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
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