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
(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.
(seafood.vasep.com.vn) Vietnam’s seafood exports are heading towards $12 billion this year, potentially the highest level on record. Yet one of the country’s export strengths is facing a growing list of challenges.
(seafood.vasep.com.vn) The first six months of 2026 indicate that Vietnam’s tilapia industry is entering a new phase of development, with strong export growth but also greater demands for production scale, quality and international competitiveness.
(seafood.vasep.com.vn) Vietfish 2026, the Vietnam International Seafood Exhibition, will officially take place from 19–21 August 2026 in Ho Chi Minh City. As Vietnam’s largest annual seafood trade event, organized by the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietfish 2026 will once again bring together leading seafood companies, industry experts, and international partners from across the global seafood value chain.
(seafood.vasep.com.vn) Vietnam’s seafood exports reached USD 1.1 billion in July 2026, up 4.8% compared to the same period in 2025. Cumulative exports in the first seven months of the year totaled nearly USD 6.86 billion, an increase of 11.5% year-on-year. Exceeding the USD 1 billion mark in July further reinforces the prospect that Vietnam’s seafood exports could surpass USD 12 billion in 2026. However, the July figures also send a clear signal that the most favorable growth period may have passed: overall export growth slowed to just 4.8%, pangasius exports fell 6.1%, tuna exports were virtually flat, while exports to the EU, South Korea, and the Middle East all recorded double-digit declines.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the seminar "Global Seafood Market and the Future Workforce: Trends, Opportunities, and Sustainable Development Pathways for Vietnam's Seafood Industry" will take place from 2:00 p.m. to 4:15 p.m. on August 19, 2026, at Convention Room B, Level 2, SECC, Ho Chi Minh City. This is the first of five specialized seminars at Vietfish 2026, focusing on key issues that are shaping the long-term development of Vietnam's seafood industry.
(seafood.vasep.com.vn) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
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