In the first eight months of 2018, imports of shrimp to Japan reached US$1.5 billion, down by 4.5% over the same period in 2017. In the top six shrimp suppliers of Japan, imports of shrimp from India, Indonesia increased slightly while imports from Vietnam, Argentina and China decreased compared with the same period last year.
In the first eight months of this year, imports of shrimps to Japan fell due to high inventories from the beginning of the year as well fluctuations of the Yen currency exchange rate. Exports from suppliers such as China and Argentina plummeted sharply due to shrunken shrimp production in these countries.
Vietnam remained the largest shrimp supplier to Japan, accounting for 25.7% of total shrimp imports of the country. Thailand ranked second with 18.9%, followed by Indonesia with 16% and India with 12.6%. The position of the largest shrimp suppliers to Japan has not changed since 2015. The average price of shrimp imports from Vietnam is the highest (12 US$/kg) in the top suppliers, calling for price competition of Vietnam with other suppliers in this market (Indonesia: 11 US$/kg, Thailand: 11.5 US$/kg, India: 9.5 US$/kg ...)
According to statistics of Vietnam Customs, as of September this year, Vietnam shrimp exports to Japan reached US$453.3 million, down 11.7% over the same period in 2017. Japan is the third largest shrimp exports market in Vietnam, accounting for 17.3% of the total export value.
For many years, Vietnam has maintained its No. 1 position in shrimp supply to Japan due to its advantages over other suppliers in the Japan market. The ASEAN-Japan Comprehensive Economic Partnership Agreement (AJCEP) (in effect since 1 December 2008) and Japan-Viet Nam Economic Partnership Agreement (VJEPA) (in effect since 1 October 2009) have helped create the most favorable conditions for tariffs for Vietnam seafood exports to Japan. For AJCEP, immediately after being in effect in 2009, shrimp products of Vietnam were entitled to 0% tax rate.
Processed shrimp products with high convenience are expected to grow well in the near future as Japan's ready-to-eat food business grows, thanks to the increase in the number of single people and decrease in the proportion of housewives. In order to promote shrimp exports to Japan, enterprises should innovate their market approach and enhance brand promotion for their products.
|
Shrimp imports into Japan (Value: US$thousand, Source: ITC) |
|||
|
Supplier |
M1-T8/2017 |
M1-T8/2018 |
Variation (%) |
|
World |
1,537,676 |
1,468,395 |
-4.5 |
|
Vietnam |
419,013 |
376,829 |
-10.1 |
|
India |
182,579 |
184,843 |
1.2 |
|
Thailand |
267,672 |
277,272 |
3.6 |
|
Indonesia |
224,924 |
234,457 |
4.2 |
|
Argentina |
86,021 |
69,605 |
-19.1 |
|
China |
67,658 |
63,574 |
-6.0 |
(seafood.vasep.com.vn) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.
(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.
(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.
(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.
(seafood.vasep.com.vn) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
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