Shrimp exports to Korea are recovering

News 08:44 11/11/2021 Lê Hằng
(seafood.vasep.com.vn) Korea is Vietnam's fifth largest shrimp import market, accounting for 9.5% of Vietnam's total shrimp export value. Vietnam's shrimp exports to this market, after declining in August due to social distancing to prevent the Covid-19 epidemic, showed signs of recovery in September and the first half of October this year.

In the first 9 months of 2021, although Vietnam's shrimp exports to South Korea did not increase sharply, they maintained a positive growth momentum from March to June. In July and August, exports to this market decreased because enterprises had reduced capacity in the first nine months of 2021. Covid-19 pandemic prevention period. Shrimp exports to this market in September recovered slightly by 3.6% to 30.8 million USD. In the first half of October this year, shrimp exports to South Korea increased by 26% over the same period last year. From the beginning of the year to the first half of October 2021, Vietnam's shrimp exports to South Korea reached nearly 278 million USD, up 0.9% over the same period in 2020.

Signs of recovery in shrimp exports to the Korean market are also in the plan of enterprises to boost exports to Asian markets to take advantage of the close distance and lower logistics costs compared to European and European markets. America. In the last months of this year, the Korean market is increasing import demand to meet people's consumption needs for year-end festivals and New Year's.

It is expected that Vietnam's shrimp exports to South Korea in the last quarter of this year will still record positive growth. Vietnam's shrimp exports to this market for the whole year of 2021 are expected to increase by about 3-5% compared to last year.

Korea mainly imports whiteleg shrimp from Vietnam with the proportion of 85% while the proportion of black tiger shrimp accounts for only 4%. In the first 9 months of this year, Korea increased imports of processed vannamei shrimp (HS code 16) and live/fresh/frozen black tiger shrimp (HS code 03) by 5% and 12%, respectively, and imported live/fresh/frozen marine shrimp. cold (HS code 03) increased the most by 41%.

Bạn đang đọc bài viết Shrimp exports to Korea are recovering tại chuyên mục News của Hiệp hội VASEP
shrimp exports to korea are recovering

TIN MỚI CẬP NHẬT

Lobster is on its way to becoming a billion-dollar commodity.

 |  08:18 08/07/2026

(seafood.vasep.com.vn) Lobster exports to China continued to surge in the first half of this year, putting the lobster industry on the verge of reaching an export value exceeding $1 billion.

UKVFTA creates new opportunities for Vietnamese seafood in UK

 |  16:55 06/07/2026

(seafood.vasep.com.vn) More than five years after the UK-Vietnam Free Trade Agreement (UKVFTA) took effect, Vietnamese seafood is steadily expanding its market share in the United Kingdom, one of Europe’s major seafood import markets with stable and diverse consumer demand.

Khanh Hoa conducts training on industrial-scale, disease-free golden pompano seed production

 |  12:15 05/07/2026

(seafood.vasep.com.vn) At Van Hung Commune, Khanh Hoa Province, the Khanh Hoa Agricultural Extension Center, in collaboration with the Northern Aquaculture Research Center and the Van Hung Public Service Center, organized a technical training course on the industrial-scale production of disease-free golden pompano (Trachinotus falcatus) seed for local marine fish farmers.

Asian markets drive Vietnam’s squid and octopus export recovery

 |  09:11 03/07/2026

(seafood.vasep.com.vn) Vietnam’s squid and octopus exports maintained a strong recovery in the first five months of 2026, reaching more than USD 302 million, up 17% compared to the same period in 2025. Growth was primarily driven by Asian markets, including South Korea, Japan, Thailand, and China, while exports to the United States and the European Union continued to face headwinds from cautious consumer demand and increasingly stringent compliance requirements.

New VND1.5 trillion seafood processing plant inaugurated in Ca Mau

 |  08:49 02/07/2026

Vietnamese seafood giant Minh Phu Group has inaugurated a VND1.5 trillion (US$57.4 million) seafood processing plant in Ca Mau Province.

Vietfish 2026: A premier platform for seafood trade, innovation and sustainable growth

 |  12:13 29/06/2026

(vasep.com.vn) From 19–21 August 2026, the Vietnam International Seafood Exhibition (Vietfish 2026) will take place at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Under the theme "Innovation – Sustainability", Vietfish 2026 continues to serve as Vietnam's flagship annual seafood event, bringing together seafood producers, exporters, importers, buyers, industry experts, government agencies, and stakeholders from across the domestic and global seafood value chain.

Vietnam’s tilapia exports reached USD 14 million in May 2026, up 18%

 |  08:31 27/06/2026

(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in May 2026, reaching USD 14 million, up 18% compared with the same month last year. Cumulative export value for the first five months of 2026 totaled USD 62 million, representing a remarkable 101% increase over the same period in 2025, highlighting the sector’s strong recovery in international markets.

Tuna exports slow as ocean freight rates climb

 |  12:33 25/06/2026

(seafood.vasep.com.vn) Vietnam’s tuna exports reached USD 367 million in the first five months of 2026, down 7% compared to the same period in 2025. While the decline is not yet severe, the more concerning issue is that pressure is mounting in key markets such as the United States and the European Union, just as ocean freight rates are rising sharply on long-haul routes. The current situation is therefore not merely about slower orders, but rather a clear restructuring phase for Vietnam’s tuna industry.

Vietnam’s competitors in the global tilapia market

 |  09:38 20/06/2026

(seafood.vasep.com.vn) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.

Sustainable transformation needed for Vietnam’s strategic pangasius sector

 |  14:41 16/06/2026

(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC