In November 2015, Vietnam and EU officially concluded negotiations on EVFTA Agreement. The FTA was signed on June 30 in Hanoi paving the way for its conclusion and increased trade with the EU and Vietnam.
According to the commitment, after the Agreement comes into effect, Vietnamese goods including shrimp products shall enjoy special preferential tax.
The EU mainly imports frozen raw shrimp and processed shrimp from Vietnam. According to the commitment, as soon as EVFTA comes into effect, import tax on raw shrimp HS code 03061100 (frozen green lobster; frozen HOSO, DP black tiger shrimp; fresh frozen PD shrimp; ice-chilled blue lobster; slipper lobster (whole, frozen, sawn ...) into the EU shall be 0% from the current level of 12.5%, tax on shrimp product HS code 03061710 (frozen PD tiger shrimp, frozen HOSO whole shrimp, tiger shrimp shell on), frozen /fresh tiger shrimp, frozen tiger prawn, frozen fresh HLSO tiger shrimp, IQF giant tiger shrimp, frozen meat shrimp ...) to 0% from the current 20%. Shrimp HS code 03061791, 03061792, 03061793, 03061799 shall reduce tax to 0% from the current 12%. Shrimp HS code 03061794 shall be reduced to 0% from the current 18% after 5 years from the entry into force of the Agreement.
For processed shrimp products, shrimp HS code 16052110 (paste shrimp) from the current 20% shall be adjusted to 0% after 7 years from the entry into force of the Agreement; Shrimp HS code 16052190 (other shrimp) from 20% to 0% after 7 years since the Agreement took effect.
Currently, the GSP tax rate that EU imposes to Vietnam for frozen raw shrimp (HS 030617) is 4.2%; Frozen processed shrimp (HS 160521) is 7%. However, Vietnamese products must meet EU origin standards to enjoy this tax. Vietnam has an advantage over the two rival countries, Thailand and China, because these two countries do not enjoy GSP tax of EU.
The EU accounts for about 30.6% of the total value of shrimp imports worldwide. EU shrimp imports range from US$6- US$8 billion per year.
According to data of the World Trade Center (ITC), in 2018, imports of shrimp into the EU reached more than US$7 billion; rose by 0.5% compared to 2017. Spain and France were the 2 largest shirmp importers of EU. Value of Spain's shrimp imports reached US$1.2 billion, down 2%; France reached 937.6 million, down 1% compared to 2017.
According to the statistics of Vietnam Customs, in the first 4 months of 2019, Vietnam shrimp exports to EU reached nearly US$184 million, down 25.7% year on year.
EU is still the largest shrimp importer of Vietnam, accounting for 21.7% of total shrimp export value of Vietnam to markets.
Shrimp exports to the EU in the first months of 2019 were partly reduced due to the increase in the world supply of shrimps, the decrease in shrimp export prices and the ongoing political and economic disturbances in the EU.
The UK, Germany and the Netherlands are the 3 largest single markets for importing Vietnamese shrimp in the EU. Export value to these 3 markets decreased by 2 digits in the first 4 months of this year.
In the EU market, Vietnam must compete primarily with India and Ecuador. While India tends to reduce shrimp exports to the EU due to quality problems. Ecuador tends to increase shrimp exports to this market after the FTA between Ecuador and EU takes effect.
With EVFTA, Vietnamese enterprises also face challenges of rules of origin and risks of trade defense measures. The shrimp export value of Vietnam to EU fell in the first 4 months of this year. However, with EVFTA that expected to take effect this year and the advantages of tariff that competitors such as India and Thailand are not available, the EU is still considered as a key market of Vietnamese shrimp exports in 2019.
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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