Vietnam's shrimp exports in September this year saw positive signals from markets such as the US, Australia, Canada, Belgium, and Taiwan with positive growth rates from 1% -54%. The remaining major markets such as the EU, Japan, and Korea still recorded negative growth from 10% to 26%, but the decrease was lower than in previous months. As for the China and HK markets, after positive growth in the three months of June, July and August, shrimp exports to this market continued their downward trend.
Regarding export products, as of September this year, the export value of whiteleg shrimp (accounting for 74%) reached US$1.9 billion, down 26%, exporting black tiger shrimp reached US$356 million (accounting for 14%), down 23%. The remaining is the export value of other shrimp with US$298 million, down 28%, in which the export of other canned shrimp and other dried shrimp increased positively by 20% and 57% respectively.
In September 2023, Vietnamese shrimp exports to China & Hong Kong decreased by 13% to reach US$61 million. Shrimp exports to this market decreased in September after consecutive positive growth in 3 months of June, July and August. Accumulated in 9 months, shrimp exports to this market reached US$454 million, down 6%.
After the long holiday period including the Mid-Autumn Festival and National Day in China, shrimp demand recorded a decrease. Inventory is high because previously, China imported a lot of shrimp from Ecuador. Companies hold inventory and do not want to reduce prices to release goods. The nuclear waste discharge event from Japan is also said to have an impact on the demand for seafood in general, including shrimp, in the Chinese market. It is expected that in the last quarter of the year, China's shrimp consumption demand will not recover.
The US is regarded as a market with a positive trend in shrimp imports from Vietnam as shrimp exports to this market continued to grow positively in September - marking the 3rd consecutive month of positive growth. Shrimp exports to the US in September recorded the highest growth compared to the previous two months with an increase of 23% over the same period last year. In the first 9 months of the year, shrimp exports to the US reached US$520 million, down 23%.
Shrimp imports into the US in August this year continued to increase with a total of 73,429 tons, up from 71,388 tons in August 2022 and from 69,356 tons in July 2023. India, Ecuador and Indonesia continue to be the three largest shrimp suppliers to the US.
Along with the trend of increasing shrimp imports, the US economic growth forecast is also quite positive. According to IMF forecasts, the US economy will grow by 2.1% in 2023 and 1.5% in 2024, up 0.3 and 0.5 percentage points respectively compared to the forecast in July.
The US is a net energy exporter, so it benefits more when energy price increases due to the impact of the Russia-Ukraine war. In addition, consumer spending in the US is more stable, less affected by interest rate increases due to higher long-term mortgage debt ratios and financial support measures during the Covid-19 period in the US also more "generous".
With more positive signals from markets such as the US, Canada, and Australia, the demand for deeply processed shrimp tends to increase during the year-end holidays, and Vietnam's shrimp exports in the last months of this year continue to narrow their decline and recorded more positive results than the first half of the year.
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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