Vietnam shrimp exports to the UK in Jan and Feb 2016 continued to post the year-on-year increase of 11% and 92.4%, respectively. Shrimp exports to the market in the first two months of this year reached US$17.3 million, up 38%.
While EU reduced importing shrimp from Vietnam, the UK raised importing Vietnam shrimp in 2015. In 2014, the UK was the third largest importer of Vietnam shrimp in the EU bloc. In the early 2015, the UK rose to the 2nd. Since August 2015, the UK has surpassed Germany to become the largest importer of Vietnam shrimp in the EU bloc. In Jan-Feb 2016, Vietnam shrimp exports to the UK made up 4.6% of total shrimp exports of Vietnam.
The rise in shrimp exports to the UK was attributable to higher demand for warmwarter shrimp amid lower supply of cold-water shrimp with rising price.
According to the International Trade Center (ITC), total shrimp imports into the UK in 2015 reached US$874.4 million, down 10.6% year on year. Canada was the largest supplier to the UK, Vietnam ranked the second with the proportion of 13.2% of total shrimp imports by the UK. Among top 10 largest suppliers to the UK, Vietnam and Indonesia raised exporting shrimp to the market with the growth of 16.2% and 4.9% while India, Thailand and China reduced exporting to the market. In the UK market, Vietnam shrimp exporters must compete with competitors from India on price.
Shrimp demand from EU in general and the UK in particular is expected to inch up thanks to lower inventories and stable price. This year, demand for warmwarter shrimp from the UK remains to be good. With the advantages in producing value added products, Vietnam has opportunities to raise its market share in the UK market.
|
Shrimp imports into the UK (Source: ITC, Value: US$ thousand) |
||||
|
Origin |
2014 |
2015 |
Variations (%) |
Average import price in 2015 (USD/kg) |
|
The world |
977,862 |
874,497 |
-10.6 |
- |
|
Canada |
145,690 |
170,805 |
17.2 |
13.3 |
|
Vietnam |
99,460 |
115,525 |
16.2 |
11.5 |
|
India |
142,835 |
109,111 |
-23.6 |
9.5 |
|
Bangladesh |
93,701 |
85,178 |
-9.1 |
16.4 |
|
Thailand |
121,732 |
60,065 |
-50.7 |
14 |
|
Indonesia |
52,089 |
54,642 |
4.9 |
- |
|
Denmark |
69,495 |
52,707 |
-24.2 |
9.4 |
|
Honduras |
35,164 |
41,502 |
18.0 |
12.2 |
|
Iceland |
45,272 |
36,276 |
-19.9 |
13.6 |
|
China |
25,272 |
21,042 |
-16.7 |
9 |
Compiled by Kim Thu
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(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).
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(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.
(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.
Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.
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