In August 2020, excluding exports to Japan and China fell, Vietnam's shrimp exports to other major markets hiked such as the US (+ 28.6%), EU (+ 15.7%), South Korea (10.2%), UK (+ 16.4%), Canada (+ 17.2%), Australia (+ 20.5%). Notably, Vietnam's shrimp exports to the EU in August 2020 achieved the highest growth rate since the beginning of this year thanks to the positive impact from the EVFTA Agreement.
In the first eight months of 2020, whiteleg shrimp accounted for 71.7% of Vietnam's total shrimp exports, black tiger shrimp accounted for 16.5%, and the rest was marine shrimp. The total value of whiteleg shrimp exports rose by 12.6% while that of black tiger shrimp declined by 15.2%. Export of processed whiteleg shrimp (HS code 16) and live/fresh/frozen whiteleg shrimp (HS code 03) increased by 22.2% and 5.2%, respectively. Export of other processed tiger shrimp (HS16) increased 32.7% while that of live/fresh/frozen tiger shrimp (HS03) shrunk by 19.2%. During the Covid-19 pandemic, the export price of whiteleg shrimp increased better than that of black tiger shrimp, and processed shrimp products were consumed more than fresh/live/frozen products.
The US: The US was the leading market for importing Vietnamese shrimp, accounting for nearly 23.6%. Vietnam's shrimp exports to the US in August 2020 grew well by 28.6% compared to August 2019. Accumulated in the first 8 months of 2020, shrimp exports to this market reached over US$544 million, up 32% over the same period in 2019. Despite the Covid-19 pandemic, Vietnam's shrimp exports to the US remained positive in all the months of the first 8 months of 2020. The US is considered the market with the most stable demand for importing Vietnamese shrimp in the first 8 months of 2020.
EU: The EU was Vietnam's fourth-largest shrimp importer after the US, Japan, and China, accounting for 13.6% of Vietnam's total shrimp export value. Vietnam shrimp exports to the EU fell continuously from March to June 2020. After a slight growth in July, Vietnam's shrimp exports to the EU recorded a growth of 15.7%, reaching US$58.8 million in August. In August 2020, Vietnam's shrimp exports to the Netherlands and Belgium went up by 15% and 41%, respectively compared to August 2019. In the first eight months of 2020, shrimp exports to the EU reached $ 313.7 million, down 2% from the same period in 2019. The EVFTA Agreement, which took effect from the beginning of August 2020, has brought a lot of expectations for Vietnam's shrimp exports to the EU market in the last months of the year.
Vietnam shrimp exports to the EU from now to the end of the year are expected to continue to increase although the growth rate is not high due to the impact from the Covid-19 pandemic. Thanks to the tax advantage of Vietnamese shrimp being better than its competitors, EU importers also look for more sources from Vietnam. Deeply processed, packaged, ready-to-eat items for home consumption are still popular.
With positive signals in Vietnam's shrimp exports in the first 8 months of this year. Vietnam shrimp exports are expected to continue to grow in the coming months. For the whole year 2020, Vietnam's shrimp export is expected to reach US$3.6 billion, up 8% compared to 2019.
(seafood.vasep.com.vn) With a range of synchronized solutions, from institutional improvements and strengthened communication to strict fleet control, Quang Ninh is stepping up efforts to combat illegal, unreported and unregulated (IUU) fishing, determined to join the country in soon having the European Commission’s (EC) “yellow card” lifted.
(seafood.vasep.com.vn) The year 2025 closed with a remarkable milestone for Vietnam’s shrimp industry. According to Vietnam Customs, the country’s total shrimp export turnover in 2025 reached USD 4.6 billion, up 19% compared to 2024 and the highest level ever recorded.
(seafood.vasep.com.vn) During the 2026–2030 period, Quang Tri province aims to convert 771 fishing vessels currently engaged in activities detrimental to marine resources and the ecological environment to more environmentally friendly fishing practices or shift entirely to other economic sectors.
(seafood.vasep.com.vn) 2025 recorded a breakthrough growth in Vietnam’s tilapia exports, in which the U.S market emerging as the primary growth driver. The total export turnover of Vietnamese tilapia to the United States reached $53.15 million during the year, surging 173% year-on-year and accounting for 54% of Vietnam’s total tilapia export value, thereby making the U.S the largest import market for this commodity. Compared to 2024, tilapia exports to the U.S posted robust growth, reflecting the import demand as well as the ability of Vietnamese enterprises to capitalize on market opportunities amidst volatile global competitive dynamics.
(seafood.vasep.com.vn) After two consecutive years of decline, Vietnam’s fish cake and surimi exports rebounded in 2025. Export turnover of this product group exceeded USD 344 million, up 15% year-on-year compared with 2024 and 13% higher than 2023, although still below the peak level recorded in 2022.
(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.
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