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
(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.
(vasep.com.vn) Vietnam’s tuna exports sustained their upward trajectory in August 2026, though the pace remained modest at just 2%. The month saw divergent trends across key markets: the US maintained its leading position, Japan and Canada improved, Russia surged and the EU continued to experience a steep downturn. These developments suggest that exporters are entering the final months of the year amid a market environment marked by greater uncertainty.
(seafood.vasep.com.vn) Congalsa has acquired the entire charter capital of Lenger Seafood Vietnam, giving it full ownership of the business and its Nam Dinh processing facility.
(seafood.vasep.com.vn) Ninh Binh Province is entering a peak period of action against illegal, unreported and unregulated (IUU) fishing, focusing on thoroughly addressing violations, closely monitoring fishing vessels at ports and preventing vessels from violating regulations and operating illegally in foreign waters ahead of the European Commission’s (EC) upcoming inspection in 2026.
(vasep.com.vn) The application of biotechnology in seed production is increasingly viewed as a strategic imperative to upgrade pangasius fingerling quality, optimize farming efficiency and anchor sustainable industry development.
(vasep.com.vn) On September 15, 2026, in Can Tho, VASEP and ASC jointly organized a training course titled “New ASC standards: updates and practical implementation guidance for farms, businesses and aquafeed mills”. Beyond briefing stakeholders on updated ASC requirements for aquaculture facilities and feed production, the workshop dedicated substantial floor time to directly addressing on-the-ground compliance bottlenecks encountered by Vietnamese enterprises.
(searfood.vasep.com.vn) Vietnam’s tilapia exports continued to post positive results in the first eight months of 2026, with total export value reaching US$90 million, up 43% year-on-year. However, exports in August alone stood at US$11 million, down 8%, reflecting uneven market developments. Brazil remained the leading market, while Japan recorded notable growth, opening up new opportunities for Vietnamese tilapia products.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.3 billion in the first eight months of 2026, up 12% year on year. However, growth has begun to slow and become more differentiated across markets, while the U.S. and EU continue to present significant challenges. The latest insights from the Global Shrimp Forum 2026 (GSF 2026), held in early September, also indicate that the final months of the year will remain highly competitive as global supply continues to expand and buyers increasingly focus on quality, product specifications, supply stability and the ability to meet market-specific demand.
(seafood.vasep.com.vn) In August 2026, Vietnam’s seafood exports reached $1.14 billion, up 6% year on year. Cumulative eight-month exports rose 11.8% to $8.00 billion, though momentum has cooled compared to the 12.8% growth seen through July. China - Hong Kong and ASEAN are offsetting weakness in the U.S, EU and partly Japan. This divergence will likely widen in Q4 as trade tariffs and traceability requirements directly weigh on new orders.
(seafood.vasep.com.vn) Vietnam–Russia relations are entering a new phase of cooperation, with a focus on expanding trade, investment and economic connectivity. Against this backdrop, tuna is emerging as one of the seafood products with significant growth potential in the Russian market. Export data for the first seven months of 2026 show strong growth in Vietnamese tuna exports to Russia. However, turning this momentum into sustainable market share will require businesses to address challenges related to logistics, payment and supply competition.
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