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 |
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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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(seafood.vasep.com.vn) According to the 2026 brackish-water shrimp farming calendar issued by the Da Nang Department of Agriculture and Environment, the 2026 crop started in early January and is expected to harvest in late June. However, stocking progress has been slower than planned as farmers remain cautious, focusing on pond renovation and production preparations.
(seafood.vasep.com.vn) After the Lunar New Year of Binh Ngo 2026, commercial clam prices in Ha Tinh province surged sharply, nearly doubling compared to normal levels and standing about 20–30% higher than the same period last year. The spike has encouraged many aquaculture households to accelerate harvesting and sell large volumes to the market.
(seafood.vasep.com.vn) In January 2026, Vietnam’s shrimp exports reached USD 379.6 million, up 22% compared to the same period in 2025. The double-digit growth in the very first month of the year signals a relatively positive recovery in orders, particularly in Asian markets.
(seafood.vasep.com.vn) From the very beginning of 2026, India’s shrimp industry has received a series of favorable trade signals: U.S. reciprocal tariffs have been reduced, while the successful conclusion of a Free Trade Agreement (FTA) with the EU has opened prospects for eliminating nearly all seafood tariffs in the coming years. This shift not only enables Indian shrimp to quickly offset declines in the U.S. market, but also reshapes the global competitive landscape, placing greater pressure on Vietnamese shrimp exporters in terms of price, market share, and strategic positioning.
(seafood.vasep.com.vn) Entering 2026, Vietnam’s pangasius industry is recording many positive signals, both in terms of raw fish prices and export prospects. Export turnover this year is projected to reach approximately USD 2.3 billion. Amid ongoing volatility in the global market, diversifying export destinations, reducing dependence on major markets, and effectively leveraging free trade agreements (FTAs) are considered key to maintaining sustainable growth and creating new momentum for the pangasius sector.
(seafood.vasep.com.vn) With forecasts indicating that weather conditions in 2026 may become more complex—featuring prolonged heatwaves, unseasonal rains, and increased salinity intrusion—the agricultural sector of Can Tho City advises brackish water shrimp farmers to strictly follow the seasonal farming calendar and strengthen pond environmental management to minimize risks and improve production efficiency.
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