Deep dive in shrimp exports
According to International Trade Center (ITC), through February 2014, Thailand’s shrimp exports to markets continued a year-on-year sharp decrease in both volume and value. In the period, shrimp exports reached 19,150 MT, down 49.1 percent against the same period of 2013 (37,592 MT). In term of export turnover, shrimp sales hit US$244.4 million, down 30.2 percent from US$350 million of the same period of last year.
In the first 2 months of this year, the U.S. is still the largest importer of Thailand shrimp (occupying 40 percent of the country’s total shrimp exports). However, shrimp exports from Thailand to the market downed 37 percent in volume and 9.5 percent in value on those of a year ago. Besides, shrimp exports to other main markets (Japan, the U.K, Canada, Australia) also reported the downfall in the period.
|
Thailand’s shrimp exports to main markets, Jan-Feb 2013/2014 (Source: ITC) |
||||||
|
Markets |
Volume (kg) |
Variation (%) |
Value (thousand $US) |
Variation (%) |
||
|
Jan-Feb 2013 |
Jan-Feb 2014 |
2014 vs. 2013 |
Jan-Feb 2013 |
Jan-Feb 2014 |
2014 vs. 2013 |
|
|
Total |
37,592,568 |
19,150,333 |
-49.1 |
244,459 |
350,449 |
-30.2 |
|
The U.S. |
12,960,638 |
8,158,933 |
-37.0 |
108,260 |
119,617 |
-9.5 |
|
Japan |
10,759,059 |
5,702,323 |
-47.0 |
67,266 |
106,622 |
-36.9 |
|
The U.K |
2,323,328 |
986,432 |
-57.5 |
16,280 |
23,364 |
-30.3 |
|
Canada |
2,134,696 |
754,204 |
-64.7 |
10,214 |
20,683 |
-50.6 |
|
Australia |
1,054,378 |
704,799 |
-33.2 |
8,375 |
9,992 |
-16.2 |
|
South Korea |
887,278 |
570,206 |
-35.7 |
7,586 |
7,248 |
4.7 |
|
Germany |
1,242,271 |
435,289 |
-65.0 |
6,665 |
13,119 |
-49.2 |
|
Taiwan |
627,543 |
273,377 |
-56.4 |
3,417 |
3,455 |
-1.1 |
|
Hong Kong, China |
341,544 |
257,801 |
-24.5 |
2,533 |
4,956 |
-48.9 |
|
Vietnam |
1,663,321 |
165,710 |
-90.0 |
1,765 |
11,007 |
-84.0 |
In 2013, Thailand’s shrimp exports reported the deepest dive in the last 5 years. Exports to markets, particularly the U.S, edged down. Last year, shrimp volume exported to the U.S. downed 39.8 percent to 77,887 MT from 129,362 MT reported in 2012 while export value fell 23.8 percent to US$881 million from US$1.14 billion of 2012.
Before suffering the heavy damage by EMS, Thailand kept holding the top shrimp supplier to the U.S. with the market share of 25 percent. However, in 2013, shrimp exports by Thailand to the U.S. faced many difficulties due to scarcity of domestic shrimp supply caused by EMS. Besides, the shrimp industry of Thailand has been accused of abusing labor and child labor by the U.S in shrimp sector. This was attributable to the decrease in Thailand’s shrimp sales to the market.
In 2013, India surpassed Thailand to claim the top position in supplying shrimp to the U.S. thanks to sharp increase in its whiteleg shrimp output. India expected to remain the top position in 2014.
Recovery in shrimp output after QII/2014
In 2012, raw shrimp supply in Thailand reached 540,000 MT. Due to EMS, Thailand’s shrimp production was badly affected and fell to touch 250,000 MT in 2013.
According to Thai Shrimp Association, the country’s shrimp production will recover in QII/2014. Accordingly, shrimp output is expected to rise 20 percent to 300,000 – 320,000 MT this year.
(seafood.vasep.com.vn) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.
(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.
(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.
(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.
(seafood.vasep.com.vn) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
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