In the past 10 years (2007-2016), the import volume of shrimp into the country ranged from 76.7 thousand MT in 2007 to 83 thousand MT in 2016, up 8%. In the last 4 years (2013-2016), the demand for shrimp in South Korean was stable due to the decrease in domestic fish production and a tendency towards a healthy diet.
According to the World Trade Center (ITC), in the first 7 months of 2017, shrimp imports into the country reached US$307.3; up 13% year on year. Among the largest shrimp suppliers to South Korea, imports from Vietnam, Thailand and Ecuador increased by 15.8%; 26.8%; 33.9% respectively, while imports from China decreased 37.4% over the same period in 2016.
South Korea stayed as the fifth largest importer of Vietnam shrimp behind the EU, Japan, China and the U.S; accounting for 9.7% of Vietnam’s shrimp exports to markets. It was also the third largest buyer of Vietnam whiteleg shrimp in 2016.
In the past 10 years (2007-2016), Vietnam’s shrimp exports to South Korea showed the continuous positive growth. In 2015, exports to the market decreased due to a sharp increase in 2014 with an increase in the global shrimp prices and the dollar. In the first 9 months of 2017, Vietnam’s shrimp exports to the market kept a good growth rate. As of 15th Sep 2017, Vietnam’s shrimp export to South Korea hit US$243.2 million; up 29.8% over the same period in 2016.
With the stable demand and high export prices and tax incentives under The Free Trade Agreement between Vietnam and Korea (VKFTA); Korea expected to be a potential importing market of Vietnam in the coming time while exports to the main traditional markets face difficulties.
From 2007 to 2016, exports of whiteleg shrimp to South Korea remained to take the largest share in Vietnam’s shrimp sales to the market, from 42% in 2009 to over 80% in 2016. With the strong demand over the years, in 2016, South Korea held as Vietnam's third largest whiteleg shrimp importer. Of that, the country prefers fresh/live/frozen whiteleg shrimp (HS code 03). From 2009 to 2016, shipments of live/fresh/frozen whiteleg shrimp (HS code 03) to Korea were 1.4 - 2.2 times higher than those of processed items (HS code 16). In the coming time, the import demand for whiteleg shrimp in South Korea expected to continue the rise.
Sales of black tiger shrimp took the second proportion in total shipments to the market, but decreased from 23.5% in 2009 to 10.5% in 2016. In the period of 2010-2012, the proportion of black tiger shrimp accounted for 50-60% in total shrimp exports. However, in the period of 2013-2016, it decreased to 29-30% due to a drop in Vietnam’s export volume of this item.
Although Vietnam’s exports of black tiger shrimp to South Korea were low, the export turnover to the market in the last two years (2015-2016) tended to increase.
In South Korea, Vietnam shrimp has to compete with the same item from China and India. However, Vietnam enjoyed the lowest import duty (10%) compared to other competitors such as China (20%), India (12.5%), Ecuador (20%) and Thailand (10%).
After a year implementing the VKFTA, Vietnam's shrimp exports to the market recorded many positive changes.
(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.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
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