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 |
(vasep.com.vn) In the first quarter of 2026, Vietnam’s shrimp exports reached USD 1.069 billion, up 17.5% compared to the same period in 2025. This is a positive result amid an uneven global shrimp market recovery, intensifying competition among major suppliers, and continued volatility in the international trade environment. However, this growth does not reflect a broad-based recovery across the entire sector, but rather is driven mainly by strong performance in a few markets and specific product segments—most notably lobster exports to China.
(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.
(seafood.vasep.com.vn) In Quang Ngai Province, shrimp farming costs are rising sharply due to लगातार increases in feed, fuel, and input material prices, while farm-gate shrimp prices are declining. This has significantly reduced farmers’ profit margins and increased production risks.
(seafood.vasep.com.vn) Vietnam’s tilapia exports are experiencing impressive growth, reflecting expanding global demand as well as the sector’s development potential. However, behind the strong growth figures lie limitations in production capacity and supply chains, highlighting the need for sustainable development in the coming period.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to the Middle East in 2025 and early 2026 have shown notable growth. However, escalating geopolitical tensions in the region have increasingly impacted export activities since March. This situation presents a challenge of balancing market expansion opportunities with rising trade risks.
(seafood.vasep.com.vn) The Quang Tri Department of Agriculture and Environment has instructed localities to base their stocking schedules on actual conditions in each farming area, while developing plans, allocating resources, and implementing synchronized measures for disease prevention and disaster risk management in aquaculture production.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s exports of fish cakes and surimi exceeded USD 45 million, up 7% compared to the same period in 2025, indicating a positive outlook for this product segment amid recovering demand in many markets.
(seafood.vasep.com.vn) During the week from April 4th to 10th, 2026, Quang Ngai province intensified its monitoring and law enforcement activities with the determination to eliminate illegal, unreported, and unregulated (IUU) fishing practices.
(seafood.vasep.com.vn) Thanh Hoa’s shrimp sector is undergoing a strong transformation by accelerating the adoption of high technology, helping to improve productivity, increase profits, and meet market demands. The province currently has about 4,100 hectares of shrimp farming, with output continuing to rise despite stable farming area, mainly due to the shift from traditional methods to intensive and super-intensive farming.
(vasep.com.vn) Amid ongoing volatility in global seafood trade, Vietnam’s crab exports have made a fairly positive start to 2026. According to Vietnam Customs statistics, export turnover in the first two months of 2026 reached nearly USD 55 million, up 24% compared to the same period in 2025 and more than 2.2 times higher than in the same period of 2024. This indicates that crab exports are entering 2026 with stronger growth momentum, particularly in Asian markets.
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