Among the top 6 largest shrimp suppliers to the US, in the first 8 months of 2019, in terms of volume, imports from India, Vietnam and Ecuador increased by 13%, 10% and 10% respectively. Imports from other suppliers decreased (Indonesia and Thailand decreased by 3% and 10% respectively, while China plunged the most by 53% compared to the same period in 2018.
In the US market, India remained its lead in terms of market share at 39%, but the average price of Indian shrimp in this market decreased from US$9/kg in the first 8 months of 2018 to US$8.2/kg in the first 8 months of 2019. Vietnam shrimp prices slid from US$11/kg to US$10.4/kg. India's market share in the first 8 months of 2019 represented for 39%, up from 35.5% in the same period in 2018. Vietnam's market share rose from 9.2% in the first 8 months of 2018 to 10.1% in the first 8 months of 2019. Compared to Asian and Latin American shrimp suppliers to the US market, Vietnamese shrimp prices remained at high levels.
According to data from the US Department of Agriculture, export of breaded shrimp from Vietnam into the US in the first 8 months of 2019 reached 7,098 tons, worth US $ 50.8 million, up 57% in volume and 52% in value over the same period in 2018. This is considered a positive signal for Vietnamese shrimp exports to the US.
China, Thailand and Vietnam were the three main suppliers of breaded shrimp to the US, accounting for 31%, 26%, and 25% respectively of the total import value of US shrimp. Of the three main suppliers of breaded shrimp for the US, China is subject to a 30% tax, leading to a sharp decline of 33% in value and 27% in volume of breaded shrimp to the US over the same period in 2018.
Currently, traditional Vietnamese shrimp products (such as IQF) exports to the US are being competed over by Indian shrimp (price advantage) and Indonesian shrimp (not subject to anti-dumping tax). In that context, breaded shrimp is a product with a high profit margin, hence Vietnamese enterprises should continue to promote exports breaded shrimp to the US.
|
Shrimp imports of the US (Value: Thousand USD, Volume: MT, Source: FAS.USDA) |
||||||||
|
Suppliers |
2018 |
Jan-Aug/2018 |
Jan-Aug/2019 |
Variation (%) |
||||
|
Value |
Volume |
Value |
Volume |
Value |
Volume |
Value |
Volume |
|
|
World |
6,251,038 |
698,265 |
3,854,401 |
426,899 |
3,643,849 |
432,820 |
-5 |
1 |
|
India |
2,224,758 |
248,833 |
1,369,720 |
151,296 |
1,408,225 |
170,860 |
3 |
13 |
|
Indonesia |
1,215,831 |
132,348 |
811,628 |
86,650 |
708,816 |
84,321 |
-13 |
-3 |
|
Vietnam |
623,967 |
59,007 |
355,360 |
32,356 |
368,100 |
35,532 |
4 |
10 |
|
Thailand |
556,757 |
50,750 |
319,525 |
28,849 |
279,481 |
25,855 |
-13 |
-10 |
|
Ecuador |
526,681 |
75,968 |
360,591 |
51,522 |
374,778 |
56,470 |
4 |
10 |
|
China |
339,669 |
50,845 |
206,188 |
29,930 |
75,618 |
13,984 |
-63 |
-53 |
|
Mexico |
282,618 |
24,884 |
113,000 |
9,454 |
144,698 |
13,251 |
28 |
40 |
|
Argentina |
120,619 |
11,033 |
75,389 |
6,836 |
92,264 |
8,127 |
22 |
19 |
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
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(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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