Shrimp exports in the first nine months: Strongest growth in three years, Q4 outlook clouded by volatility

News 09:15 07/11/2025
(seafood.vasep.com.vn) Vietnam’s shrimp exports in the first nine months of 2025 surpassed $3.4 billion, up 22% year-on-year - marking the highest growth rate in three years. The surge is driven primarily by rebounding demand in major markets including China, the U.S, the EU and the CPTPP bloc, along with exporters’ flexible adaptation in product mix and market strategy despite ongoing U.S. tariff pressures.

Whiteleg shrimp remains the key driver, marine shrimp surges sharply

Whiteleg shrimp continues to dominate, generating over $2.2 billion - accounting for 65% of total export value, posting 9% growth year-on-year. Notably, processed whiteleg shrimp (HS16) reached nearly $1 billion, up 12%.

Black tiger shrimp recorded $343 million, a modest 2% increase, supported by steady demand from Japan and China for large-size and eco-labeled products.

Remarkably, other shrimp categories (including lobster and slipper lobster) skyrocketed by 91% to nearly $870 million, reflecting portfolio diversification and growing demand in China, the Eu and high-income markets.

Market spotlight: China leads the charge

China & Hong Kong remains the standoutdestination, hitting $966 million (+65%) and capturing nearly 30% of Vietnam’s total shrimp exports. The surge is fueled by demand for live shrimp, premium lobster and high-end products. However, rising import inventories in China may signal a market adjustment in Q4.

The United States, the third-largest market, reached $587 million (+4%). Although consumption improved, the industry faces significant pressure from impending anti-dumping duties expected by year-end. As a result, exporters are exercising caution on long-term U.S contracts and shifting volume to the EU and Asia to mitigate risk.

The CPTPP bloc delivered nearly $941 million (+34%), led by Japan ($426 million, 12% share), Australia and Canada. Japan’s consistent demand for convenient, sustainably certified processed products.

In the EU, exports rose 21% to $434 million, with Germany, Belgium and the Netherlands posting 6 - 28% gains. Demand for ASC-certified, organic or low-carbon products continues to strengthen Vietnamese shrimp’s presence in premium retail chains.

South Korea and Taiwan achieved double-digit growth (13% and 36%, respectively), while Russia and Canada showed signs of leveling off.

In major shrimp farming hubs, raw shrimp prices remain stable due to strong year-end domestic and export demand, while supply is limited during the off-season.

Shrimp exports in Q4/2025 are expected to moderate, primarily due to U.S. market challenges. However, Indonesia’s tightened U.S. access opens a short-term window for Vietnam. Additionally, Ecuador’s heavy focus on the China eases supply pressure in Japan, the EU and South Korea - allowing Vietnamese shrimp to command premium pricing through Q4.

Looking to 2026, competitive pressures are set to intensify as rivals recalibrate. Sustaining momentum will hinge on Vietnam’s ability to accelerate green transformation, digitize supply chains and invest in value-added innovation.

shrimp q4 shrimp exports

TIN MỚI CẬP NHẬT

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