In Q.II/2014, EU was the strongest growing market among the top 10 markets for Vietnam shrimp. Shrimp exports to EU in the quarter reached over US$175.4 million, increasing 115.8 percent year on year. In 2014, EU is considered as an important importing market with high growth in shrimp imports from Vietnam since the beginning of the year.
Shrimp consumption in many EU countries improved significantly thanks to regional economic recovery after severe crisis in 2012 and the first half of 2013. Besides, shortage of global shrimp supply caused by early mortality syndrome (EMS) also helps Vietnam increase its shrimp exports to the market. Shrimp exports to EU in the second half of 2014 is forecast to be continously positive.
Shrimp exports to the U.S. in Q.II/2014 reported a strong growth, however, compared with QI/2014, it increased by only nearly one third. This is due to shrimp harvest season in Ecuador. Imports from Vietnam, therefore, reduced.
Shrimp exports to the U.S. through June 2014 was over US$527.7 million, up 109.2 percent year on year, surpassing two leading markets of EU and Japan. Vietnam shrimp exported to the U.S. in second half of 2014 might not achieve high growth due to greater competition from other suppliers.
The second quarter of 2014 saw a significant reduction in shrimp exports to Japan because of Japan’s antibiotics oxytetracycline (OTC) inspection on all shrimps imported from Vietnam since mid March 2014. Accordingly, Japan was downgraded to the third position in importing Vietnam shrimp behind the U.S. and EU. Shrimp exports to Japan will continue to be gloomy if OTC problem is not solved.
Tensions over the East Sea between Vietnam and China accelerated as China illegally deployed its oil rig in the exclusive economic zone of Vietnam from last May. However, shrimp exports to the market was unlikely to suffer. China is still the 4th largest consumer market for Vietnam shrimp and it is expected that Vietnam shrimp exporters will continue to boost their shrimp exports to the market in QII/2014.
|
Vietnam shrimp exports to major markets (Value: US$mil.) |
||||||
|
Top 10 markets |
QI/2014 |
Compared to the same period of 2013 (%) |
QII/2014 |
Compared to the same period of 2013 (%) |
Jan-Jun, 2014 |
Compared to the same period of 2013 (%) |
|
The U.S. |
263.394 |
+200.2 |
264.314 |
+60.6 |
527.707 |
+109.2 |
|
Japan |
143.274 |
+33.3 |
167.899 |
-10.0 |
311.173 |
+5.9 |
|
EU |
111.993 |
+97.9 |
175.476 |
+115.8 |
287.470 |
+108.5 |
|
Germany |
27.293 |
+93.7 |
35.127 |
+90.2 |
62.419 |
+91.7 |
|
Netherland |
12.061 |
+81.4 |
43.111 |
+500.4 |
55.172 |
+299.0 |
|
France |
18.606 |
+125.6 |
24.026 |
+63.7 |
42.632 |
+86.0 |
|
China |
77.568 |
+26.1 |
135.357 |
+58.4 |
212.926 |
+44.9 |
|
Hongkong |
19.684 |
+50.8 |
24.612 |
+60.0 |
44.296 |
+55.8 |
|
South Korea |
63.790 |
+162.6 |
74.337 |
+93.7 |
138.128 |
+120.4 |
|
Australia |
37.904 |
+85.9 |
31.052 |
+28.4 |
68.956 |
+54.7 |
|
Canada |
26.372 |
+86.3 |
35.513 |
+38.0 |
61.886 |
+55.1 |
|
Taiwan |
12.620 |
-6.4 |
29.974 |
+46.4 |
42.594 |
+25.5 |
|
Switzerland |
15.363 |
+79.9 |
23.790 |
+112.9 |
39.153 |
+98.6 |
|
ASEAN |
12.341 |
+52.6 |
15.427 |
+34.4 |
27.768 |
+41.9 |
|
Singapore |
6.566 |
+20.1 |
9.386 |
+26.3 |
15.951 |
+23.7 |
|
Philipines |
2.905 |
+123.5 |
3.505 |
+42.1 |
6.410 |
+70.2 |
|
Others |
33.519 |
+49.2 |
39.614 |
+37.0 |
73.133 |
+42.3 |
|
Total |
798.139 |
+87.9 |
992.753 |
+46.4 |
1.790.892 |
+62.4 |
(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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