The supply recovered slowly due to the effects of EMS (early mortality syndrome). Coupled with higher shrimp prices, these are supporting Vietnam exports. Thailand, one of the biggest shrimp suppliers, reduced its production sharply due to EMS. Farmers had to comply with procedures to minimize the mortality rate of shrimp and harvested early. Because of this, in 2014 shrimp production of Thailand can hardly reach 200,000 MT, which was one-third of the average amount in previous years. China was one of the countries that were strongly impacted by EMS while domestic demand increased, making Chinese shrimp lose its shares in many international markets.
Along with Ecuador, Indonesia and India, Vietnam became important shrimp suppliers. Shrimp production in Vietnam was in favorable condition as farming area for white shrimp expanded rapidly. Reports from the provinces revealed that in the first 7 months of 2014, area for shrimp farming reached an area of 644,193 ha (up 10.3% year on year), in which black tiger shrimp was grown in the area of 562,492 hectare (staying the same as 2013), and white leg shrimp was grown in the area of 81,701 hectares (rising 245.3% year on year). Total yield reached 317,305 MT, increasing 189.3% year on year, in which black tiger shrimp production was 152,035 MT (up 91% year on year) and that of whiteleg shrimp was 165 269 tons (up 449.4%).
Shrimp prices rose in 2014 as a result of weakening supply.
Statistics from the USDA on shrimp imports showed that the first 7 months of 2014, the shrimp average import price to the United States increased from US$ 9.1/kg to US$ 11.99/kg. Meanwhile, statistics from Vietnam General Customs indicated that shrimp export to the United States reached US$ 694.5 million, up 80.3% year on year.
Exports to EU reached US$ 387.7 million, up 98.8% year on year whilst shrimp exports to Japan recovered after months hampered by antibiotics barriers.
South Korea, the 5th largest market shrimp import market from Vietnam after the USA, Japan, the EU and China, accounted for 7.9% of the total shrimp exports. Among the top 10 of growing markets for Vietnam shrimp exports, this year, South Korea grew the fastest with the value of US$ 185.2 million, up 114.5% year on year.
Chinese shrimp exported to South Korea plummeted, which made Vietnam become the largest shrimp supplier to South Korea. Statistics from World Trade Center (ITC), in the first 7 months of 2014, Vietnam shrimp imports to South Korea rose by 55.1% in volume and 100% in value compared to that of 2013, while that Chinese shrimp imported into this market fell by 38.9% in volume and 22.2% in value.
|
Top 10 shrimp suppliers to South Korea in Jan-Jul/2013-2014 by value (Unit: US$ thousands) Source: ITC |
||||
|
No |
Supplier |
Jan-Jul/2013 |
Jan-Jul/2014 |
2014/2013 (%) |
|
|
World |
204,163 |
305,795 |
49.8 |
|
1 |
Vietnam |
76,203 |
152,390 |
100.0 |
|
2 |
China |
50,884 |
39,592 |
-22.2 |
|
3 |
Thailand |
32,184 |
27,686 |
-14.0 |
|
4 |
Malaysia |
12,994 |
22,239 |
71.1 |
|
5 |
Ecuador |
17,649 |
20,531 |
16.3 |
|
6 |
India |
4,377 |
13,689 |
212.7 |
|
7 |
Philippines |
1,574 |
6,807 |
332.5 |
|
8 |
Indonesia |
1,306 |
5,012 |
283.8 |
|
9 |
Argentina |
736 |
4,618 |
527.4 |
|
10 |
Iran |
122 |
2,731 |
2,138.5 |
|
Top 10 shrimp supplies to South Korea, Jan-Jul/ 2013-2014 by volume (Unit: MT) Source: ITC |
||||
|
No |
Supplier |
Jan-Jul/2013 |
Jan-Jul/2014 |
2014/2013 (%) |
|
|
World |
31,746 |
33,114 |
4.3 |
|
1 |
Vietnam |
9,142 |
14,184 |
55.1 |
|
2 |
China |
12,275 |
7,496 |
-38.9 |
|
3 |
Malaysia |
2,126 |
2,339 |
10.0 |
|
4 |
Ecuador |
2,238 |
2,072 |
-7.4 |
|
5 |
Thailand |
3,844 |
2,052 |
-46.6 |
|
6 |
India |
664 |
1,791 |
169.7 |
|
7 |
Argentina |
113 |
513 |
355.0 |
|
8 |
Indonesia |
196 |
480 |
144.8 |
|
9 |
Philippines |
96 |
461 |
378.8 |
|
10 |
Iran |
22 |
408 |
1,792.9 |
(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.
(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
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