In September 2020, except exports to Japan dipped, Vietnam's shrimp exports to other major markets hiked such as the US (+ 39.6%), China (+ 22.9%), EU (+35.4 %), South Korea (+ 3.2%), UK (+ 54.3%), Canada (+ 47%), Australia (+ 50.7%). Notably, Vietnam's shrimp exports to the EU in September 2020 reached the highest growth rate since the beginning of the year thanks in part to the positive impact from the EVFTA Agreement. The main import markets of Vietnamese shrimp increased imports to serve year-end festivals.
In the first 9 months of 2020, whiteleg shrimp accounted for 72% of Vietnam's total shrimp exports, black tiger shrimp made up 16%, and the rest was marine shrimp. The total value of whiteleg shrimp exports lifted by 15% while that of black tiger shrimp fell by 15%. Exports of processed whiteleg shrimp (HS code 16) and live/fresh/ frozen whiteleg shrimp (code HS 03) increased by 24% and 7%, respectively. Export of other processed black tiger shrimp (HS16) surged by 38% while that of live/fresh/frozen black tiger shrimp (HS03) plunged by 20%.
The US: The US is the leading market for Vietnamese shrimp imports, accounting for nearly 24%. Vietnam shrimp exports to the US in September 2020 grew well by 39.6% compared to September 2019. In the first 9 months of this year, shrimp exports to this market reached over US$634.4 million, up 33% over the same period in 2019. Despite being affected by the Covid-19 epidemic, Vietnam's shrimp exports to the US remained positive in all the months of the first 9 months of 2020. The US is considered the market with the most stable demand for Vietnamese shrimp imports in the first 9 months of 2020. US shrimp import demand has been good to serve the retail segment.
According to the US National Oceanic and Atmospheric Administration (NOAA), in the first eight months of this year, the US imported 460,070 MT, worth US$3.9 billion, up 6% in volume and 8% in value over the same period in 2019. In the US market, in the first 8 months of this year, Vietnamese shrimp has a competitive advantage over rival suppliers such as India and Ecuador thanks to faster production stability after COVID-19. Shrimp prices at farms of all sizes in India continued to increase as packers in India faced a serious shortage in the supply of raw shrimp.
In the first 8 months of 2020, imports of shrimp into the US from major sources went up, in which the US sharply increased imports from Ecuador, Indonesia, Argentina, and imports from India rose slightly.
EU: EU is the 4th largest shrimp importer of Vietnam after the US, Japan, and China, accounting for 13.8% of the total value of Vietnam's shrimp exports. After decreasing in the previous months, Vietnam's shrimp exports to the EU started to grow well in the third quarter of this year thanks to the positive impact from the EVFTA Agreement which took effect from the beginning of August 2020. In September 2020, Vietnam shrimp exports to the EU reached US$57.6 million, up 35.4% over the same period in 2019. In the first 9 months of 2020, shrimp exports to this market reached over US$371 million, up 2.3%.
In the EU, restaurants, and food services are gradually reopening. Travel has also resumed. Meanwhile, retail or online sales continue to increase, and demand shrimp for the retail segment will increase in preparation for the year-end holiday season. EU is a market that has a good rate. It will also be the market that many enterprises focus on to boost export in the last month. Vietnam shrimp exports to the EU from now to the end of the year are expected to continue to jump.
With positive signals in Vietnam's shrimp exports in the first 9 months of this year, Vietnam's shrimp exports for the whole year 2020 are expected to reach $ 3.7 billion, up 9.8% compared to 2019.
(seafood.vasep.com.vn) With a range of synchronized solutions, from institutional improvements and strengthened communication to strict fleet control, Quang Ninh is stepping up efforts to combat illegal, unreported and unregulated (IUU) fishing, determined to join the country in soon having the European Commission’s (EC) “yellow card” lifted.
(seafood.vasep.com.vn) The year 2025 closed with a remarkable milestone for Vietnam’s shrimp industry. According to Vietnam Customs, the country’s total shrimp export turnover in 2025 reached USD 4.6 billion, up 19% compared to 2024 and the highest level ever recorded.
(seafood.vasep.com.vn) During the 2026–2030 period, Quang Tri province aims to convert 771 fishing vessels currently engaged in activities detrimental to marine resources and the ecological environment to more environmentally friendly fishing practices or shift entirely to other economic sectors.
(seafood.vasep.com.vn) 2025 recorded a breakthrough growth in Vietnam’s tilapia exports, in which the U.S market emerging as the primary growth driver. The total export turnover of Vietnamese tilapia to the United States reached $53.15 million during the year, surging 173% year-on-year and accounting for 54% of Vietnam’s total tilapia export value, thereby making the U.S the largest import market for this commodity. Compared to 2024, tilapia exports to the U.S posted robust growth, reflecting the import demand as well as the ability of Vietnamese enterprises to capitalize on market opportunities amidst volatile global competitive dynamics.
(seafood.vasep.com.vn) After two consecutive years of decline, Vietnam’s fish cake and surimi exports rebounded in 2025. Export turnover of this product group exceeded USD 344 million, up 15% year-on-year compared with 2024 and 13% higher than 2023, although still below the peak level recorded in 2022.
(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
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