The US and EU - two bright markets for Vietnam's shrimp exports in 2021

News 17:15 10/01/2022 Lê Hằng
(seafood.vasep.com.vn) According to data of Vietnam Customs, as of December 15, 2021, Vietnam's shrimp exports reached $3.7 billion, up 3.7% over the same period in 2020. Shrimp exports for the whole year in 2021 are estimated at about 3.88 billion USD, up 4% compared to 2020. In which, exports to the US and EU markets continue to record good growth rates.

The US and EU - two bright markets for Vietnam's shrimp exports in 2021

Despite the piling up of difficulties, shrimp exports for the whole year of 2021 still achieved positive growth. This is thanks to the great efforts of businesses and the safe and flexible anti-epidemic policy according to Resolution 128/NQ-CP of the Government, helping shrimp production and export quickly recover in the latter monthsof 2021, creating export momentum for 2022.

The bright spot of Vietnamese shrimp in 2021 is to maintain good growth in the US market. As of December 15, 2021, Vietnam's shrimp exports to the US reached over 1 billion USD, up 22% over the same period in 2020.

In 2021, Vietnam's shrimp market share in the US market has increased to 13% from 11% in 2020. In the US market, Vietnamese shrimp will also increase its competitiveness when the US doubles anti-dumping duties on imported from India (the largest supplier of shrimp for the US). Retail sales in the US remained up during the pandemic. Demand for restaurants and food services in the US gradually recovered thanks to the economic stimulus packages of the US Government and the strategy of opening up and living with Covid. The growth rate of Vietnam's shrimp exports to the US will continue until the first quarter of 2022.

Along with the US, the EU is also a shrimp import market of Vietnam that recorded positive activities in 2021. Accumulated to December 15, 2021, Vietnam's shrimp exports to the EU reached 576.6 million USD, an increase of 17 % over the same period in 2020. Exports to 3 main markets (Netherlands, Germany, Belgium) increased by 8%, 22% and 17% respectively.

Particularly in November 2021, shrimp exports to the EU reached US$66.5 million, up 86.4%, of which, exports of most member countries had a breakthrough: to the Netherlands increased by 47%, to Germany increased by 87 % and to Belgium increased by 118%. In addition, shrimp exports to some other markets in the bloc also increased spectacularly such as to France up 161%, to Denmark up 99%, to Sweden up 196%, to Italy up 123%...

One year after the EVFTA Agreement between Vietnam and the EU took effect, Vietnam's shrimp exports to the EU market recorded good growth.

In order to recover the post-Covid-19 economy, the EU has activated many support packages and disbursed production recovery funds to rebuild commodity supply chains. In the last months of 2021, the EU is very scarce for goods because many of its supply partners for the EU are struggling with the Covid-19 epidemic, plus the pressure of rising sea freight rates while consumer demand in the last few months is very low. year-end of the EU population increased.

For more information on Vietnam's shrimp production and export, the world's shrimp import trends in 2016-2021, the impact of the Covid-19 epidemic on Vietnam's shrimp exports, please refer to VASEP "Report on Vietnam's shrimp industry in 2016-2021 and forecast to 2025".

 

 

vietnam shrimp exports eu the us

TIN MỚI CẬP NHẬT

Vietnamese tilapia to Brazil: growth recovers but challenges remain

 |  13:31 01/10/2026

(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.

Vietnam’s tuna exports return to growth but headwinds remain

 |  08:46 30/09/2026

(vasep.com.vn) Vietnam’s tuna exports sustained their upward trajectory in August 2026, though the pace remained modest at just 2%. The month saw divergent trends across key markets: the US maintained its leading position, Japan and Canada improved, Russia surged and the EU continued to experience a steep downturn. These developments suggest that exporters are entering the final months of the year amid a market environment marked by greater uncertainty.

Spain's Congalsa acquires Lenger Seafood Vietnam

 |  08:00 30/09/2026

(seafood.vasep.com.vn) Congalsa has acquired the entire charter capital of Lenger Seafood Vietnam, giving it full ownership of the business and its Nam Dinh processing facility.

Ninh Binh determined not to have IUU fishing violations left unresolved

 |  09:02 29/09/2026

(seafood.vasep.com.vn) Ninh Binh Province is entering a peak period of action against illegal, unreported and unregulated (IUU) fishing, focusing on thoroughly addressing violations, closely monitoring fishing vessels at ports and preventing vessels from violating regulations and operating illegally in foreign waters ahead of the European Commission’s (EC) upcoming inspection in 2026.

Biotechnology elevates pangasius seed quality

 |  08:52 25/09/2026

(vasep.com.vn) The application of biotechnology in seed production is increasingly viewed as a strategic imperative to upgrade pangasius fingerling quality, optimize farming efficiency and anchor sustainable industry development.

VASEP and ASC update new standards, address practical challenges for seafood businesses

 |  08:51 23/09/2026

(vasep.com.vn) On September 15, 2026, in Can Tho, VASEP and ASC jointly organized a training course titled “New ASC standards: updates and practical implementation guidance for farms, businesses and aquafeed mills”. Beyond briefing stakeholders on updated ASC requirements for aquaculture facilities and feed production, the workshop dedicated substantial floor time to directly addressing on-the-ground compliance bottlenecks encountered by Vietnamese enterprises.

Vietnamese tilapia explores new segments and markets

 |  10:10 21/09/2026

(searfood.vasep.com.vn) Vietnam’s tilapia exports continued to post positive results in the first eight months of 2026, with total export value reaching US$90 million, up 43% year-on-year. However, exports in August alone stood at US$11 million, down 8%, reflecting uneven market developments. Brazil remained the leading market, while Japan recorded notable growth, opening up new opportunities for Vietnamese tilapia products.

Vietnam’s shrimp exports in the first eight months of 2026: positive growth continues as competition shifts toward efficiency and value

 |  10:35 19/09/2026

(vasep.com.vn) Vietnam’s shrimp exports reached US$3.3 billion in the first eight months of 2026, up 12% year on year. However, growth has begun to slow and become more differentiated across markets, while the U.S. and EU continue to present significant challenges. The latest insights from the Global Shrimp Forum 2026 (GSF 2026), held in early September, also indicate that the final months of the year will remain highly competitive as global supply continues to expand and buyers increasingly focus on quality, product specifications, supply stability and the ability to meet market-specific demand.

August 2026 seafood exports: Growth slows, momentum continues to pivot to Asia

 |  15:28 17/09/2026

(seafood.vasep.com.vn) In August 2026, Vietnam’s seafood exports reached $1.14 billion, up 6% year on year. Cumulative eight-month exports rose 11.8% to $8.00 billion, though momentum has cooled compared to the 12.8% growth seen through July. China - Hong Kong and ASEAN are offsetting weakness in the U.S, EU and partly Japan. This divergence will likely widen in Q4 as trade tariffs and traceability requirements directly weigh on new orders.

Vietnamese tuna gains wider access to Russia amid a new phase of cooperation

 |  15:38 15/09/2026

(seafood.vasep.com.vn) Vietnam–Russia relations are entering a new phase of cooperation, with a focus on expanding trade, investment and economic connectivity. Against this backdrop, tuna is emerging as one of the seafood products with significant growth potential in the Russian market. Export data for the first seven months of 2026 show strong growth in Vietnamese tuna exports to Russia. However, turning this momentum into sustainable market share will require businesses to address challenges related to logistics, payment and supply competition.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC