Exports to the US, EU, and Korea reversed
In April this year, Vietnam's shrimp exports saw a change in import trends in the main markets. If in previous months, exports to the US and China and Hong Kong recorded strong growth rates, in April this year, exports to the US decreased and to China and Hong Kong only increased slightly.
Exports to the Korean market increased slightly again after decreasing in the previous two months. After 2 months of deep decline, exports to the EU market recovered growth in April. The EU is the main market, recording the best growth in April this year.
Shrimp exports to the US in April 2024 decreased by 15% after still growing slightly in March. In the first 4 months of this year, Vietnamese shrimp exports to the US reached 168 million USD, up 5% over the same period.
Shrimp imports into the US from supply sources in the first quarter of this year recorded an increase in volume and a slight decrease in value. In March of this year, the US again skyrocketed shrimp imports from Ecuador, with an increase of 25% and 24% in volume and value, respectively. This may cause the US to reduce imports from other sources.
Vietnam's shrimp industry is in the "suspense" stage due to information related to countervailing duties. Currently, the US is considering recognizing Vietnam as a market economy, hoping to achieve positive results that will help remove countervailing duties barriers and relieve the burden on Vietnamese shrimp exporters that go to America.
Vietnamese shrimp exports to China and Hong Kong markets increased by 1.7% to 64 million USD in April this year. Accumulated in the first 4 months of the year, shrimp export turnover to this market reached 192 million USD, an increase of 41%. Shrimp exports to Korea also recorded a slight increase of 4% in April this year, and the turnover in the first 4 months of this year to this market reached 95 million USD, down 10%.
EU was the bright spot in April
Shrimp exports to the EU reached 38 million USD in April this year, up 28% over the same period. Accumulated in 4 months, the export value reached 119 million USD, almost equivalent to the same period last year.
In April, shrimp exports to the EU were quite exciting. Export value to the main single markets in the bloc all grew by double digits. Exports to Germany, the Netherlands, and Belgium increased by 29%, 37%, and 39%, respectively; exports to Denmark increased sharply by 88%.
The Global Seafood Exhibition 2024 takes place in Spain in April with the participation of many Vietnamese shrimp exporters. Here, fresh value-added shrimp products from Vietnam were promoted to European consumers and imports. Instant shrimp products are processed by businesses into many rich and diverse dishes and invited to enjoy right at the booths.
Vietnam's shrimp exports in the first 4 months of the year recorded an increase of 10% over the same period, a sign that inventories in markets have reduced. However, actual consumer demand has not yet shown a clear recovery. In the context of still facing many challenges, Vietnam's shrimp industry should promote the production of value-added products, focusing more on the farming stage to increase productivity, reduce costs, and increase competitiveness to increase export turnover. this year.
On July 22, 2026, the Government issued Decree No. 292/2026/ND-CP detailing certain articles and providing measures for the organization and implementation of the Law on Foreign Trade Management. The Decree takes effect on September 5, 2026, replacing Decree No. 69/2018/ND-CP.
(vasep.com.vn) Vietnamese pangasius producer Vinh Hoan has won the top prize at the 2026 Seafood Excellence Asia Awards for its Cured Panga Croquette, highlighting the growing potential of value-added pangasius products in international markets.
(vasep.com.vn) The Global Shrimp Forum (GSF) 2026 is taking place from September 1–3 in Utrecht, the Netherlands, bringing together around 585 delegates from 40 countries, representing approximately 300 companies and organizations across the shrimp supply chain. Representatives from VASEP are attending the event as part of the Vietnamese delegation, strengthening connections with partners across the global shrimp industry.
(vasep.com.vn) At the international B2B seminar (Hosted Buyer Program) held as part of Vietfish 2026, Mr. Nguyen Hoang Pham, Sales Director of Tai Kim Anh Seafood Processing Joint Stock Company, delivered a presentation entitled “Vietnam’s Shrimp Industry: Changing for Sustainability.” From the perspective of a seafood processor, the presentation highlighted that Vietnam’s shrimp industry continues to play a leading role in seafood exports, but is entering a new phase of competition in which change is no longer an option, but a prerequisite for growth.
(seafood.vasep.com.vn) VIETFISH 2026 may have concluded after three dynamic days in Ho Chi Minh City, but conversations around the exhibition continue to resonate across international trade media, industry organizations, and the social media channels of participating companies.
(seafood.vasep.com.vn) Vietnam’s tilapia industry is maintaining strong growth momentum, with significant room for further expansion in the coming years. In 2025, total tilapia production reached approximately 420,000 tonnes, up 33% from 2024 and 2.2 times higher than in 2015. During 2015–2025, production grew at an average annual rate of around 8.4%. As production and exports continue to expand, food safety control is receiving increasing attention to ensure product quality, meet the increasingly stringent requirements of international markets, and provide a foundation for the sustainable development of Vietnam’s tilapia industry.
(seafood.vasep.com.vn) On the afternoon of August 19, 2026, as part of the Vietnam International Seafood Exhibition – Vietfish 2026, the Hosted Buyer Program continued with the seminar “Vietnam Seafood Outlook 2026–2027: A Strategic Sourcing Destination,” followed by 1-to-1 B2B meetings between international buyers and Vietnamese seafood businesses.
(seafood.vasep.com.vn) Speaking at the Opening Ceremony of VIETFISH 2026 on August 19 at the Saigon Exhibition and Convention Center (SECC), U.S. Consul General Melissa Brown highlighted the important role of the exhibition in connecting Vietnam’s growing seafood industry with buyers, suppliers, and partners from the United States and around the world.
(vasep.com.vn) Tomorrow, August 19, 2026, the Vietnam International Seafood Exhibition – Vietfish 2026 will officially open at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Taking place over three days, from August 19–21, Vietfish 2026 promises to provide a dynamic platform for business networking, trend updates, product experiences and comprehensive cooperation across the domestic and international seafood community.
(vasep.com.vn) The global tilapia market continues to grow, creating significant opportunities for countries with strengths in aquaculture, processing, and exports. Against this backdrop, Vietnam’s tilapia industry is gradually developing toward higher quality, greater product diversification, and broader market reach. At Vietfish 2026, the Vietnam Association of Seafood Exporters and Producers (VASEP), together with the VASEP Tilapia Producers and Exporters Club, will host a joint booth to promote the image and potential of Vietnamese tilapia to domestic and international buyers.
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