Currently, CPTPP is still the leading export market group of Vietnamese shrimp enterprises. In the first 5 months of this year, shrimp export value to this block reached US$383.4 million, up 11.8%, accounting for 28.8% of total shrimp export value. In this block, Japan is the largest shrimp import market with a total export value of 230.7 million USD, up 2.3% over the same period last year.
Notably, in the first 5 months of 2021, shrimp exports to Australia increased sharply by 79.2%, reaching more than 71.8 million USD. In May 2021 alone, shrimp export value to this market reached 17.14 million USD, up nearly 144%.
So far, shrimp exports to the US and EU are still quite stable and growing well. Both of these markets have increased imports of frozen vannamei shrimp from Vietnam.
In the first 5 months of this year, in the structure of shrimp products exported to the US, steamed and processed white shrimp accounted for nearly 47% with an average price of 10.15 - 11.5 USD/kg. The second largest export product is tempura breaded shrimp, accounting for 16.5% with an average export price of 10.5 - 10.65 USD/kg. Frozen vannamei shrimp (HS code 03061721) accounted for 15% with the export value from 9.6 to 9.8 USD/kg. Currently, Vietnam is one of the four largest shrimp suppliers to the US market (along with India, Ecuador, Indonesia). However, up to this point, Vietnamese shrimp products are competing quite well in the US. By the end of May 2021, shrimp export value to this market reached 294 million USD, up 31% over the same period in 2020.
So far, vannamei products have continuously increased their market share in the EU due to lower selling prices compared to black tiger shrimp, sales increasing faster than average. Although in 2020, Europe's shrimp import picture is not very positive for the global shrimp industry due to COVID-19 reducing imports. However, since the beginning of this year, the demand for shrimp, especially whiteleg shrimp of many European countries has increased again. By the end of May 2021, shrimp export value to the EU reached 201.3 million USD, up 24% over the same period last year. In which, the export value to Germany reached 53.9 million USD, up 34%; to the Netherlands reached 51.7 million USD, up 13.8%; to Belgium reached nearly 33.5 million USD, up 14.2% and to France reached 18.4 million USD, up 8.6%.
In addition, in the first 5 months of this year, export value to some other big markets such as Korea; The UK, Taiwan and Russia also grew quite well with an increase of 1.2%, respectively; 14.9%; 16.2% and 72.8% over the same period in 2020.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
(seafood.vasep.com.vn) In November 2024, Vietnam's tuna exports failed to maintain the rapid growth momentum seen earlier. Export value during the month increased by nearly 4% year-on-year, reaching approximately USD 82 million. Cumulatively, the export value for the first 11 months of 2024 totaled USD 903 million, a 17% increase compared to the same period in 2023. However, at this growth rate, the total export turnover for 2024 is estimated to only reach around USD 1 billion.
(seafood.vasep.com.vn) On the evening of December 24, 2024, in Hanoi, the Central Youth Union, Viet nam Youth Federation and the Vietnam Young Entrepreneurs Association held the Vietnam Golden Star Award Ceremony 2024, with the theme "Reaching Vietnam", honoring 200 outstanding enterprises. Deputy Prime Minister Nguyen Hoa Binh attended.
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