Shrimp imports into the country hit about US$900 million per year. For the 10 years (2008-2017), shrimp imports into the UK from 2014 up to now posted a higher increase over those in the period from 2014 backwards.
In the first three months of this year, shrimp imports into the UK reached US$196.3 million, up 6.4% over the same period in 2017. Vietnam held as the largest supplier of shrimp to the UK, accounting for 24% of total UK’s shrimp imports. India ranked the second with 17%. Among the main shrimp suppliers to this market, the UK’s shrimp imports from Vietnam, India and Thailand increased by 61%, 26% and 36%, respectively, while imports from Bangladesh and Indonesia declined by 53% and 35%, respectively. Coldwater shrimp imports from Canada to the UK also decreased by 3%. In the period, the average import price of shrimp from Vietnam into the UK got quite competitive compared to other suppliers such as Bangladesh and Thailand.
|
The average import price of shrimp into the UK, Jan-Mar 2018 (US$/kg) |
|||
|
Supplier |
Jan |
Feb |
Mar |
|
World |
12 |
11 |
11 |
|
Vietnam |
12 |
11 |
12 |
|
India |
11 |
10 |
9.80 |
|
Denmark |
10 |
10 |
11 |
|
Bangladesh |
13 |
12 |
12 |
|
Thailand |
13 |
12 |
12 |
|
Indonesia |
13 |
9.59 |
9.63 |
|
Canada |
11 |
11 |
11 |
|
Netherlands |
15 |
17 |
17 |
In the EU, the UK stayed as Vietnam's second largest shrimp importer behind the Netherlands, accounting for 31% of Vietnam's shrimp exports to the EU and accounting for 5.6% of Vietnam's shrimp exports to all markets. In 2017, Vietnam’s shrimp exports to the UK touched US$210.6 million, up 55.5% over 2016. The figure in the first three months of 2018 estimated at US$41.4 million, up 49% compared with same period last year.
Over the last three years, Vietnam’s shrimp exports to the UK have grown steadily from US$114.6 million in 2014 to US$210.6 million in 2017, an increase of nearly 84%. Shrimp exports to the UK tended to increase as the UK boosted imports of warmwater shrimp thanks to reasonable prices over coldwater shrimp. The price of coldwater shrimp was on the upward trend due to a fall in quotas.
The UK continued to be one of potential importing markets of Vietnam in the EU because exporters to this market also enjoy the GSP.
(seafood.vasep.com.vn) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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