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) 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.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(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.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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