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) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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