Shrimp exports in 2012 hard hit US$2.4 billion

News 08:16 04/12/2012 Kim Thu
(vasep.com.vn) Till the end of the third quarter of 2012, Vietnam shrimp exports touched over US$1.62 billion. Vietnam’s shrimp sales abroad in 2012 are scheduled to obtain over US$2.2 billion, representing a drop of 8.3 percent less than the preceding year (US$2.4 billion).

In Q.III/2012, China and Australia strengthened to import shrimp from Vietnam. Outstanding problems exposing to shrimp production and export in Q.II/2012 continue to affect to shrimp sector in Q.III/2012. Japan’s Ethoxyquin testing blocked Vietnam shrimp export to the market in the third quarter this year. Shrimp exports to other two main markets (EU, the U.S., ) also saw decrease and stronger competition with shrimp originated from India and Indonesia.

Shrimp exports in the third quarter of 2012 reached US$610.2 million, showing a reduction of 3.9 percent less than the previous quarter and a drop of 15.2 percent less than the same period of 2011.

Shrimp shipment in Q.IV/2012 is expected to gain US$650 million, up 6.5 percent from that of Q.III (US$610 million) but down almost 8 percent from a year earlier as demand from some importers slows down.

Supply of raw shrimp will be sufficient and its price will increase

In the fourth quarter of 2012, the supply of raw shrimp (coming from domestic production and imports) will be sufficient for processing and exporting due to modest demand for year-end holidays from huge importing markets. The shrimp demand this year is lower than that of the previous years.

The price of raw shrimp will increase due to ending of the harvesting season in the fourth quarter and processors’ high demand of raw shrimp.

Shrimp shipment to main markets is expected to stand still

Shrimp export to Japan depends much on “Ethoxyquin problem”. If Vietnam shrimp exporters continue to cope with this problem, shrimp sales to Japan in Q.IV will find it hard to report a positive growth.

It is hoped that in Q.IV/2012, shrimp exports to the U.S. will hit US$127 million, an equal level to Q.III due to the U.S.’s high shrimp inventories and large volume of shrimp importing from India and Ecuador.

In the fourth quarter, demand for shrimp in EU market will hardly rebound. Although shrimp is European people’s favorite product in Christmas holiday, consuming demand for shrimp in the region, particularly countries in the southern Europe will be lower due to economic downturn.

In the third quarter, China reported the economic growth of 7.4 percent and the growth rate of 7.7 percent was seen in the first 9 months of 2012. According to economists, China’s economic growth in 2012 is expected to reach the rate of 7.5 percent. Thus shrimp exports to China will keep a positive growth in Q.IV.

In the last three months of this year, shrimp exports to Australia are expected to remain positive results owing to stable demand. Australia is considered as a potential market of Vietnam shrimp this year. 

Bạn đang đọc bài viết Shrimp exports in 2012 hard hit US$2.4 billion tại chuyên mục News của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Addressing the IUU “Yellow Card” in Ca Mau: Digitalizing Data and Tightening Fishing Vessel Management

 |  14:53 08/09/2026

(seafoo.vasep.com.vn) Ca Mau Province is stepping up efforts to protect aquatic resources and promote transparent and sustainable fisheries, joining the country’s efforts to have the European Commission (EC) remove its “yellow card” warning for illegal, unreported and unregulated (IUU) fishing.

Vietnam emerges as key seafood supplier to China’s $20 billion market

 |  08:28 07/09/2026

(vasep.com.vn) Vietnam has strengthened its position in China’s massive seafood market, becoming the largest lobster supplier while maintaining a dominant share of the country’s imported pangasius.

What did businesses and buyers find at Vietfish 2026?

 |  10:14 03/09/2026

(vasep.com.vn) Vietfish 2026 was more than just a larger exhibition space. Through B2B meetings, booth discussions, production-chain visits and post-show feedback, businesses and buyers found something more concrete: suitable suppliers, processing capabilities, technology solutions, new markets and a foundation for building long-term trust and partnerships.

Vietnam’s tilapia exports to the US: a large market, but a breakthrough remains elusive

 |  07:54 02/09/2026

(vasep.com.vn) Vietnam’s tilapia exports to the United States declined significantly in the first seven months of 2026. Cumulative export value reached US$18 million, down 42% from the same period in 2025. In July alone, exports amounted to just US$2 million, plunging 70%, indicating a clear slowdown in import demand from the US market.

The future workforce: the fisheries sector must become a career of choice

 |  07:58 31/08/2026

(vasep.com.vn) At the seminar “Global Seafood Markets and the Future Workforce: Trends, Opportunities and Directions for the Sustainable Development of Vietnam’s Fisheries Sector,” held as part of VIETFISH 2026, Ms. Shirlene Maria Anthonysamy, Fisheries Officer (Markets) and GLOBEFISH Coordinator at the Food and Agriculture Organization of the United Nations (FAO), presented initiatives aimed at promoting youth participation in fisheries and aquaculture.

From POR21 Pressure to Opportunities for Vietnam’s Pangasius to Expand into Potential Markets

 |  08:31 25/08/2026

(vasep.com.vn) In the first seven months of 2026, Vietnam’s pangasius exports to the United States reached US$189 million, down 8% year-on-year. In July alone, export value reached US$22 million, down 28%. This trend indicates that U.S. demand for pangasius imports has remained relatively cautious this year, as importers tend to maintain moderate inventory levels and limit stockpiling.

VIETFISH 2026 Successfully Concludes: record scale, innovation highlights, and meaningful business connections

 |  19:33 23/08/2026

(vasep.com.vn) After three days at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, the Vietnam International Fisheries Exhibition – VIETFISH 2026 – has successfully concluded, leaving a strong impression in terms of scale, visitor numbers, the quality of business connections, and innovative activities. With more than 14,000 m² of exhibition space, 335 companies, 568 booths, participation from representatives of 17 countries and territories, and nearly 15,000 visitors, VIETFISH 2026 has once again affirmed its role as an important meeting point for Vietnam’s and the global seafood industry.

5 Seminars at Vietfish 2026: New Perspectives for the Seafood Industry

 |  09:48 21/08/2026

(seafood.vasep.com.vn) Held as part of Vietfish 2026 from August 19–21 at SECC in Ho Chi Minh City, a series of five specialized seminars provided the seafood business community with updates on markets, technology, standards, human resources and cooperation opportunities. With the participation of experts, international organizations, government agencies and businesses from Vietnam and abroad, the seminars created an additional platform for professional exchange alongside the exhibition’s product showcases and business networking activities.

VIETFISH 2026 Officially Opens: record scale, deeper connections across the global seafood value chain

 |  12:11 19/08/2026

(seafood.vasep.com.vn) On the morning of August 19, 2026, the Vietnam International Seafood Exhibition – VIETFISH 2026 officially opened at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. With 568 booths representing 335 companies, alongside the presence of senior government officials, local authorities, diplomatic missions and international partners, VIETFISH 2026 kicks off three days of business networking, technology exchange and market engagement under the overarching theme “Innovation and Sustainability.”

Press Release: Vietfish 2026 Returns at Record Scale, Driving the “Green Transition” Toward the US$12 Billion Export Target

 |  10:01 17/08/2026

The Vietnam Association of Seafood Exporters and Producers (VASEP) officially announces that the Vietnam International Seafood Exhibition (Vietfish 2026) will take place from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City.

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

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC