According to Vietnam Customs, in July 2012, shrimp exports continued to fall 6.8 percent after sliding 4 percent in June over the same period of last year. However, in the months ahead, the decrease in shrimp exports is expected to slow down, shrimp exports may rebound thanks to more stable supply of raw material and higher demand from importing markets.
In the third quarter of 2012, export value of shrimp products is predicted to touch US$690 million, down 4 percent over that of the same period of 2011 but up 19 percent against the second quarter of 2012 (US$579.2 million) and accounted for 36.9 percent of total seafood export value in the quarter (US$1.84 billion), bringing total shrimp exports in the first 9 months of 2012 to US$1.7 billion.
In the third quarter 2012, exports of black tiger shrimp and whiteleg shrimp will raise against the second quarter thanks to high demand in international markets for year-end consumption. Export value of whiteleg shrimp are forecasted to remain the growth of 30 percent in the third quarter over 2011 and make up 35 – 37 percent of Vietnam’s total shrimp export value.
State policies of slashing interest rate of bank loans and increasing line of credit for purchasing raw shrimp used for processing will contribute to boosting raw shrimp producing for processing and exporting. As estimated, about 35 percent of shrimp processors can afford to remain their operation, the others are lacking of capital, if they are not supported timely, it is hard for shrimp exports to soar in the third and fourth quarter of 2012.
The supply of raw material: In the third quarter of this year, concerns of shortage of raw shrimp for processing will be eased because it is on harvesting season in the country.
Besides, shrimp inventory in stores of many processors is still high. Raw shrimp imports into Vietnam for processing and reexporting may hold back from the second quarter because the domestic price of raw shrimp fell to the level that is equal to the price of imported raw shrimp. In July 2012, black tiger shrimp count 40 pieces per kilogram in Ca Mau province was quoted at VND115,000 per kilogram. The price of whiteleg shrimp count 100 pieces per kilogram fell to VND71,000 per kilogram.
Increasing competitiveness: Vietnam shrimp export has continued to compete with shrimp from Thailand, India, Indonesia and Ecuador. India has recently loosened its quarantine regulations on whiteleg shrimp broodstock import.
Accordingly, whiteleg shrimp broodstock will not experience quarantine for Baculovirus penaei virus. Regulation on whiteleg shrimp broodstock quarantine was issued in October 15th 2008. With the adjustment, whiteleg shrimp producing will be more favorable and its production will be boosted.
According to FAO (Food and Agriculture Organization of the United Nations), in 2012, India’s whiteleg shrimp output will surge 30 percent to reach 100,000 MT over 2011. Indonesia’s whiteleg shrimp output is also expected to soar despite rainy season in some shrimp farming areas of the country.
At the Central America, in spite of early rains, shrimp farming situation is good. Shrimp output in South American countries is not high but there are a lot of inventories due to Europe’s low demand.
The global shrimp price is on a downtrend: In the third quarter of this year, Europe’s demand for shrimp imports is still gloomy due to regional economic downturn. Shrimp supply for the U.S. and Japan markets will rise which can put high pressure on shrimp price in these two markets.
(According to Report on Vietnam Seafood Export in Q.II/2012 - VASEP)
(seafoo.vasep.com.vn) Ca Mau Province is stepping up efforts to protect aquatic resources and promote transparent and sustainable fisheries, joining the country’s efforts to have the European Commission (EC) remove its “yellow card” warning for illegal, unreported and unregulated (IUU) fishing.
(vasep.com.vn) Vietnam has strengthened its position in China’s massive seafood market, becoming the largest lobster supplier while maintaining a dominant share of the country’s imported pangasius.
(vasep.com.vn) Vietfish 2026 was more than just a larger exhibition space. Through B2B meetings, booth discussions, production-chain visits and post-show feedback, businesses and buyers found something more concrete: suitable suppliers, processing capabilities, technology solutions, new markets and a foundation for building long-term trust and partnerships.
(vasep.com.vn) Vietnam’s tilapia exports to the United States declined significantly in the first seven months of 2026. Cumulative export value reached US$18 million, down 42% from the same period in 2025. In July alone, exports amounted to just US$2 million, plunging 70%, indicating a clear slowdown in import demand from the US market.
(vasep.com.vn) At the seminar “Global Seafood Markets and the Future Workforce: Trends, Opportunities and Directions for the Sustainable Development of Vietnam’s Fisheries Sector,” held as part of VIETFISH 2026, Ms. Shirlene Maria Anthonysamy, Fisheries Officer (Markets) and GLOBEFISH Coordinator at the Food and Agriculture Organization of the United Nations (FAO), presented initiatives aimed at promoting youth participation in fisheries and aquaculture.
(vasep.com.vn) In the first seven months of 2026, Vietnam’s pangasius exports to the United States reached US$189 million, down 8% year-on-year. In July alone, export value reached US$22 million, down 28%. This trend indicates that U.S. demand for pangasius imports has remained relatively cautious this year, as importers tend to maintain moderate inventory levels and limit stockpiling.
(vasep.com.vn) After three days at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, the Vietnam International Fisheries Exhibition – VIETFISH 2026 – has successfully concluded, leaving a strong impression in terms of scale, visitor numbers, the quality of business connections, and innovative activities. With more than 14,000 m² of exhibition space, 335 companies, 568 booths, participation from representatives of 17 countries and territories, and nearly 15,000 visitors, VIETFISH 2026 has once again affirmed its role as an important meeting point for Vietnam’s and the global seafood industry.
(seafood.vasep.com.vn) Held as part of Vietfish 2026 from August 19–21 at SECC in Ho Chi Minh City, a series of five specialized seminars provided the seafood business community with updates on markets, technology, standards, human resources and cooperation opportunities. With the participation of experts, international organizations, government agencies and businesses from Vietnam and abroad, the seminars created an additional platform for professional exchange alongside the exhibition’s product showcases and business networking activities.
(seafood.vasep.com.vn) On the morning of August 19, 2026, the Vietnam International Seafood Exhibition – VIETFISH 2026 officially opened at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. With 568 booths representing 335 companies, alongside the presence of senior government officials, local authorities, diplomatic missions and international partners, VIETFISH 2026 kicks off three days of business networking, technology exchange and market engagement under the overarching theme “Innovation and Sustainability.”
The Vietnam Association of Seafood Exporters and Producers (VASEP) officially announces that the Vietnam International Seafood Exhibition (Vietfish 2026) will take place from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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