Compared with the same month of 2015, exports in Feb 2016 reported the highest growth of 52.3%. Exports in March, April, May 2016 reported smaller growth in which exports in Apr reached the lowest growth of 0.5%.
In Jan-May 2016, average import price into the U.S. reached US$9/kg compared to US$9.9/kg in Jan-May 2015. Specifically, the price of medium-sized peeled and deveined shrimp (the size found on many menus) in the U.S. market plunged to US$9.4/kg; much lower than US$15.5/kg in 2013 due to low harvests caused by disease outbreak. This price level was ideal for US restaurants to buy shrimp and stock up for year-end holiday menus and promotions.
Better outlook for the U.S. economy, USD’s strength stimulated local consumers’ spending. Besides, lower inventory and the larger number of consumers went to foodservices and restaurants in the summer that boosted the US’s demand for shrimp.
In the first months of 2015, the U.S. tend to import more black tiger shrimp. In Jan-May 2015, the proportion of black tiger shrimp exported to the U.S. accounted for 24% and whiteleg shrimp occupied 69%. As of May 2016, the proportion of black tiger increased by 3% to 27% and white shrimp increased by 1 % to 70%. During the period, out of shrimp products exported to the U.S., processed black tiger (HS 16) reported the largest increase of 164% over the first 5 months of 2015. In the US market, the price of some black tiger products from Vietnam as of July 1st 2016 is more competitive than those of rivals in the region (Indonesia, India, Malaysia). Specifically, Vietnam’s black tiger shrimp size 16/20 was priced at US$6.25/pound while black tiger with the same type from India and Malaysia have the price of US$6.60/pound; Vietnam’s black tiger shrimp count U-15 was quoted at US$8.30 while that of Indonesia was US$8.50/pound. The U.S. was the 2nd largest consumer market of Vietnam black tiger shrimp with the proportion of nearly 20%. Vietnam’s black tiger shrimp exports, especially HOSO black tiger to the U.S. are facilitated thanks to advantages of the supply on comparison with rivals.
As of May 2016, shrimp imports into the U.S. reached 218,480 MT, worth nearly US$2 billion; down 1% in volume and 10% in value compared to the same period of 2015. Indonesia is the largest supplier to the U.S., accounting for 22.3% of US’s total shrimp imports. It was followed by India and Thailand accounting for 20.9% and 13%, respectively. Vietnam ranked the 4th position, accounting for 12.4% of the market share.
|
Average price of shrimp imported into US (US$/kg) |
|||
|
Supply |
Jan-May 2015 |
Jan-May 2016 |
Variations(%) |
|
World |
10.1 |
9.4 |
-7.3 |
|
Indonesia |
10.8 |
9.5 |
-11.2 |
|
India |
10.6 |
9.8 |
-7.5 |
|
Ecuador |
7.9 |
7.8 |
-1.8 |
|
Thailand |
11.6 |
9.8 |
-15.9 |
|
Vietnam |
12.2 |
11.2 |
-8.2 |
|
China |
7.2 |
6.7 |
-7.3 |
Among top 5 largest suppliers of shrimp to the U.S., only Vietnam increased both the volume and value of shrimp exported to the U.S. with 13% and 2% in turn. Thailand raised 8% in export volume to U.S. while the volume of shrimp exported to the U.S. from India remain unchanged compared to the same period in 2015. Notably, shrimp exports from Ecuador to the U.S. fell the most in the top 5 suppliers for the U.S. The U.S. tend to reduce imports from Ecuador and raise imports from Asian suppliers such as Vietnam, India, Thailand and China because these suppliers can meet US’s demand for shrimp skewers with reasonable price. While Ecuador surged shrimp exports to China because of high demand and low import duty.
Thailand planned to raise shrimp exports to the U.S. due to decline in its market share in EU market caused by GSP lost from EU.
|
Top 5 largest shrimp suppliers to US, Jan-May 2016 (Value: US$ thousand, Volume: MT) |
|||||||||
|
Suppliers |
2015 |
Jan-May 2015 |
Jan-May 2016 |
Variations (%) |
|||||
|
Value |
Volume |
Value |
Volume |
Value |
Volume |
Average import price (US$/kg) |
Value |
Volume |
|
|
World |
5,460,271 |
587,507 |
2,200,953 |
220,418 |
1,982,174 |
218,480 |
9 |
-10 |
-1 |
|
Indonesia |
1,100,983 |
114,494 |
508,528 |
49,212 |
442,253 |
47,529 |
9 |
-13 |
-3 |
|
India |
1,284,690 |
135,650 |
444,359 |
43,600 |
415,556 |
43,817 |
9 |
-6 |
-- |
|
Thailand |
755,512 |
73,883 |
285,600 |
25,778 |
261,526 |
27,810 |
9 |
-8 |
8 |
|
Vietnam |
663,730 |
60,893 |
241,120 |
20,230 |
246,437 |
22,925 |
11 |
2 |
13 |
|
Ecuador |
635,370 |
85,744 |
282,211 |
36,558 |
228,982 |
30,253 |
8 |
-19 |
-17 |
(seafood.vasep.com.vn) With a focus on sustainable development, high-tech application, and climate change adaptation, An Giang Province aims to maintain its brackish water shrimp production in 2026 at a level equivalent to the previous year. Specifically, output is projected to reach over 155,510 tons, serving both domestic consumption and export processing, thereby sustaining the fisheries sector’s key role in the local economic structure.
(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
(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).
(vasep.com.vn) Australia is emerging as one of the most stable and promising growth markets for Vietnamese shrimp. Amid global trade disruptions driven by geopolitical tensions—particularly conflicts in the Middle East—strengthening and expanding into stable markets like Australia has become increasingly important for Vietnam’s shrimp industry.
(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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