According to the International Trade Center (ITC), in 2016, the Philippines ranked the 6th out of top shrimp buyers in ASEAN, behind Vietnam, Singapore, Thailand, Malaysia and Indonesia.
In the first five months of this year, shrimp imports into the Philippines valued at US$7.7 million; increasing by 5.7% over the same period in 2016. Shrimp imports into the Philippines increased while those into other countries in the region reduced, the proportion of shrimp imports of the Philippines increased to 6.9% in the total shrimp imports into the region (in 2016, it was 0.6%).
|
Shrimp imports into ASEAN (Source: ITC; Thousand US$) |
|||
|
Markets |
Jan-May 2016 |
Jan-May 2017 |
Variation (%) |
|
ASEAN |
154,932 |
111,564 |
-28.0 |
|
Thailand |
50,522 |
51,546 |
2.0 |
|
Brunei Darussalam |
1,683 |
1,307 |
-22.3 |
|
Indonesia |
10,719 |
- |
-100.0 |
|
Malaysia |
31,453 |
31,193 |
-0.8 |
|
Philippines |
7,249 |
7,662 |
5.7 |
|
Singapore |
53,306 |
19,856 |
-62.8 |
According to ITC, in the first five months of this year, shrimp imports into the Philippines reached US$7.7 million; up 5.7% over the same period in 2016. Vietnam stayed as the largest supplier of shrimp to the market; accounting for 58.3% of total shrimp imports into this country.
In the period, the Philippines increased imports from Vietnam and Thailand while decreasing those from other suppliers.
The Philippines is a potential importing market of Vietnam shrimp thanks to the preferential tax rate of 0%.
The ASEAN Economic Community (AEC), in which the Philippines is a member, was established by the end of 2015 to help create a common market without barriers to goods and goods in ASEAN member countries will be subject to the same duty. This supports trade between Vietnam and the Philippines.
|
Shrimp imports into the Philippines (Source: ITC; thousand US$) |
|||
|
Markets |
Jan-May 2016 |
Jan-May 2017 |
Variation (%) |
|
World |
7,249 |
7,662 |
5.7 |
|
Vietnam |
2,751 |
4,466 |
62.3 |
|
China |
4,177 |
2,847 |
-31.8 |
|
Indonesia |
279 |
71 |
-74.6 |
|
Thailand |
16 |
158 |
887.5 |
|
South Korea |
2 |
1 |
-50.0 |
|
Taipei, Chinese |
22 |
22 |
0.0 |
(vasep.com.vn) Vietnam’s seafood exports in September 2026 are estimated at US$1.135 billion, up 11.9% year-on-year, bringing total exports in the first nine months of the year to US$9.103 billion, up 11.4%. Behind this double-digit growth, however, increasingly divergent market trends are emerging: China–Hong Kong and ASEAN posted strong growth, while the U.S., EU and Japan all recorded declines in September.
(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.
(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.
(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.
(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.
(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.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.
(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.
(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.
(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.
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