International shrimp price has remained high in recent years, which significantly affected shrimp import demand in Japan. As JPY depreciated against the dollar, Japanese market lost its attractiveness to shrimp suppliers, and Vietnam is not an exception.
Statistics from General Customs showed that and in 2014, shrimp exports to Japan increased by only 4.9% year on year. This growth rate is much smaller than the increase in shrimp exports to the US and the EU, which are 28% and 66.7%, respectively. However, Japan is still the 2nd largest consumption market for shrimp from Vietnam.
Since mid-March 2014, Japan’s oxytetracycline (OTC) inspection was carried out on all shrimp imported from Vietnam. OTC residue is permitted at 0.2 ppm. Though shrimp exports to Japan increased sharply by 33%, a reversed trend was witnessed with negative growth of nearly 15% in April. This declining trend lasted until July and from August, shrimp exports to Japan found the recovery.
In 2014, Japan was the only market for shrimp from Vietnam that decreased both in terms of volume and value. Argentina was the most notable shrimp source for Japan in 2014. Japan’s shrimp imports from Argentina in the first 10 months of 2014 rose by 16% in volume and by 42.7% in value. Along with shrimp imports from Vietnam, imports of Thailand and Indonesia fell.
|
Shrimp imports into Japan – Unit: MT (Source: ITC) |
|||
|
Origin |
Jan-Oct 2013 |
Jan-Oct 2014 |
Change 2014/2013 (%) |
|
World |
212,049,383 |
178,418,490 |
-16 |
|
Vietnam |
43,765,075 |
40,784,452 |
-7 |
|
Thailand |
49,422,147 |
29,394,985 |
-41 |
|
Indonesia |
31,893,823 |
25,629,725 |
-20 |
|
India |
25,689,870 |
25,548,016 |
-1 |
|
China |
18,493,192 |
15,474,238 |
-16 |
|
Argentina |
8,918,654 |
10,381,698 |
16 |
|
Russian Federation |
5,237,731 |
5,654,635 |
8 |
|
Canada |
4,329,396 |
4,860,161 |
12 |
|
Myanmar |
5,023,473 |
4,787,566 |
-5 |
|
Malaysia |
4,201,823 |
2,938,190 |
-30 |
|
Shrimp imports into Japan – Unit: US$ thousands (Source: ITC) |
|||
|
Origin |
Jan-Oct2013 |
Jan-Oct 2014 |
Change2014/2013(%) |
|
World |
2,330,335 |
2,223,221 |
-4.6 |
|
Vietnam |
512,911 |
561,893 |
9.5 |
|
India |
263,286 |
299,170 |
13.6 |
|
Indonesia |
374,398 |
338,700 |
-9.5 |
|
Thailand |
515,785 |
360,695 |
-30.1 |
|
China |
172,350 |
156,953 |
-8.9 |
|
Argentina |
74,410 |
106,177 |
42.7 |
|
Russian Federation |
77,176 |
79,911 |
3.5 |
|
Canada |
65,118 |
66,604 |
2.3 |
|
Myanmar |
51,306 |
54,736 |
6.7 |
|
Greenland |
37,926 |
33,535 |
-11.6 |
(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.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(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%.
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