Australia is Vietnam's second largest shrimp import market in the CPTPP market, accounting for 21% of Vietnam's total shrimp export value to this bloc. Australia is also the 5th largest Vietnamese shrimp import market, accounting for 6%. Vietnam's shrimp exports to Australia in the first 9 months of 2022 continuously increased by double digits compared to the same period last year.
Australia prefers processed shrimp products, processed shrimp accounts for 40% of Vietnam's shrimp exports to Australia.
On August 19, 2022, the Australian Department of Agriculture, Fisheries and Forestry announced the addition of breaded, battered, or crumbed (BBC) shrimp and highly processed (HP) on the list of items eligible for incentives under the Incentive Intervention Program (CBIS) - A preferential mechanism for plant goods imported into Australia to enjoy a lower rate of biosecurity inspection. This loosened regulation is expected to help boost the export of processed shrimp from Vietnam to Australia from now until the end of the year.
Vietnamese shrimp share in the Australian market is increasing
The main shrimp products of Vietnam currently being exported to Australia include boiled, headless and tailless frozen whiteleg shrimp; Frozen fresh PD headless and tailless whiteleg shrimp, frozen fresh PDTO headless shrimp, frozen PD IQF whiteleg shrimp, etc.
According to data from the ITC, Australia's shrimp imports in the first 7 months of 2022 also recorded good growth with import value reaching nearly 234 million USD, up 29% over the same period last year. Shrimp imports from Vietnam recorded the best growth of 51%. Australia tends to reduce imports from Thailand and China - the main competitors of Vietnamese shrimp in this market. China's shrimp production faced difficulties, output decreased due to the zero covid policy causing China's shrimp exports to Australia to decrease. Australia imports a lot of deep-processed shrimp products while Thailand's processing level is not as high as that of Vietnam.
Australia is a difficult market with strict regulations on imported goods to protect food safety regulations. Enterprises that want to export in this market must actively improve the production process and quality of products.
Although inflation in Australia is high, it is still under the control of the Government. The Australian economy is forecast to be able to avoid a recession this year. Along with support from the RCEP and CPTPP Agreements that Vietnam and Australia have joined, Australia is still considered a potential market for Vietnamese shrimp in the near future.
|
Top 10 shrimp exporter to Australia, Jan-Sep/2022 |
||
|
No |
Company |
Proportion (%) |
|
1 |
CASES |
17.7 |
|
2 |
Minh Phu Seafood Corporation |
15.5 |
|
3 |
Minh Phu Hau Giang Seafood JSC |
14.6 |
|
4 |
O&H LOONG PTY LTD |
6.0 |
|
5 |
VIET SHRIMP CORPORATION |
5.9 |
|
6 |
SEAVINA JSC |
5.5 |
|
7 |
TAC VAN SEAFOODS CO,. Ltd |
4.6 |
|
8 |
Fimex VN |
4.4 |
|
9 |
KHANH SUNG SEAFOOD |
3.9 |
|
10 |
NGOC TRI SEAFOOD COMPANY |
2.6 |
Compiled by Thuy Linh
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(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
(seafood.vasep.com.vn) In 2025, the fisheries sector continued to stand out as a bright spot in Ca Mau’s economic landscape, maintaining positive growth in both output and value.
(seafood.vasep.com.vn) By the end of November 2025, Vietnam’s total pangasius export turnover had exceeded the $2 billion threshold, registering a 9% compared with the same period in 2024. In November alone, pangasius exports reached $195 million, also posting a 9% increase year-on-year, underscoring a stable recovery trajectory for the sector in the final months of the year.
Building on over three decades of trusted leadership, VASEP is proactively shaping a Dynamic Knowledge Ecosystem where data is transformed into actionable value and forward-looking insights for the business community
(seafood.vasep.com.vn) An Giang is focusing on expanding climate-adaptive marine aquaculture models, aiming for safe and sustainable production. This approach not only enhances economic efficiency but also helps fishermen stabilize their livelihoods amid weather fluctuations.
(seafood.vasep.com.vn) In the first 10 months of 2025, Vietnam’s pangasius export value to China (including Mainland China and Hong Kong) reached $483 million, up 1% compared to the same period in 2024. October alone posted $73 million, a strong 19% increase year-on-year. The Chinese market currently accounts for nearly 27% of Vietnam’s total pangasius export value.
(seafood.vasep.com.vn) According to data from Vietnam Customs, the country’s lobster exports posted another strong month in October 2025, reaching $93 million - a 75% increase from the same month in 2024. This performance extends the sector’s impressive growth streak from earlier in the year, pushing cumulative exports for the first 10 months to $712 million, up an extraordinary 135% year-over-year. Within the product mix, green lobster remained the dominant driver, accounting for 98% of total export value, with $700 million recorded in the first 10 months - a 141% jump year-on-year. In contrast, exports of spiny lobster and other lobster varieties declined slightly by 22% and 1%, respectively, indicating that market demand is becoming increasingly concentrated on the most sought-after product line.
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