From 2018 to now, shrimp exports to Australia have continuously grown positively from 115 million USD in 2018 to 188 million USD in 2021. As of August 15, 2022, shrimp exports to this market reached 169 million USD, up 52% compared to the previous year.
As of August 15, 2022, in the total structure of Vietnam's shrimp exports to Australia, processed shrimp (HS code 16) accounted for 40% while frozen raw shrimp (HS code 03) accounted for 60%. The export value of shrimp with HS code 16 reached US$68 million, up 41% while the export value of HS code 03 reached US$101 million, up 60% over the same period last year.
The proportion of Vietnam processed shrimp exports to Australia in the past 5 years has tended to decrease due to the country's strict regulations on biosecurity. Recently, Australia has eased its inspection regulations for some processed shrimp products, which would create good conditions for Vietnam processed shrimp exports to this market from now to the end of 2022.
According to information from the Vietnam Trade Office in Australia, on August 19, 2022, the Australian Department of Agriculture, Fisheries and Forestry announced the addition of breaded, battered, or crumbed (BBC) shrimp and highly processed (HP) on the list of items eligible for incentives under the Preferential Intervention Program (CBIS) - Preferential mechanism for plant goods imported into Australia to enjoy the preferential rates and less biosafety testings.
Accordingly, from August 22, 2022 BBC and HP shrimp from all approved countries will enjoy incentives in the CBIS Program. These products will be eligible for incentives based on a history of compliance with biosafety regulations and risk probabilities test rate of the Australian Government.
Specifically, for BBC shrimp, instead of checking 100% of the shipments to verify the goods, from August 22, 2022, only a part of the shipments must be checked with the seal intact. For HP shrimp, instead of 25% of the shipments that must be inspected to verify the goods, from August 22, 2022 only a smaller part of the shipments must be inspected.
The main Vietnam shrimp products currently exported to Australia include frozen boiled headless and tailless shell-on whiteleg shrimp; frozen fresh PD headless and tailless whiteleg shrimp, frozen fresh PDTO headless shrimp, frozen PD IQF whiteleg shrimp, etc.
Australia's shrimp imports in the first half of 2022 also recorded good growth with import value reaching more than 205 million USD, up 30% over the same period last year. Australia tends to reduce imports from Thailand and China - the main competitors of Vietnamese shrimp in this market. China's shrimp production faced difficulties, output decreased due to the zero covid policy causing China's shrimp exports to Australia to decrease.
In the context of high inflation, the Australian economic indicators are still positive. Therefore, the Australian economy is forecast to be able to avoid a recession this year. Along with the support from the RCEP and the CPTPP that Vietnam and Australia have joined, Vietnam's shrimp exports to this market are expected to remain positive from now until the end of the year.
|
Top 10 largest Vietnam shrimp exporters to Australia, Jan-July/2022 |
|
|
Company |
Proportion (%) |
|
CASES (CA MAU SEAFOOD PROCESSING AND SERVICE JOINT STOCK COMPANY) |
13.3 |
|
MINH PHU SEAFOOD CORP |
11.4 |
|
MINH PHU HAU GIANG SEAFOOD JOINT STOCK COMPANY |
8.9 |
|
SEAVINA JOINT STOCK COMPANY |
4.6 |
|
VIET SHRIMP CORPORATION |
4.5 |
|
FIMEX VN |
3.9 |
|
O&H LOONG PTY LTD |
3.9 |
|
Vinh Hoan Corporation |
3.5 |
|
TAC VAN SEAFOODS CO. |
3.5 |
|
VD FOOD LTD |
3.1 |
|
(Source: VASEP, FRO) |
|
Compiled by Thuy Linh
(vasep.com.vn) Tomorrow, August 19, 2026, the Vietnam International Seafood Exhibition – Vietfish 2026 will officially open at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Taking place over three days, from August 19–21, Vietfish 2026 promises to provide a dynamic platform for business networking, trend updates, product experiences and comprehensive cooperation across the domestic and international seafood community.
(vasep.com.vn) The global tilapia market continues to grow, creating significant opportunities for countries with strengths in aquaculture, processing, and exports. Against this backdrop, Vietnam’s tilapia industry is gradually developing toward higher quality, greater product diversification, and broader market reach. At Vietfish 2026, the Vietnam Association of Seafood Exporters and Producers (VASEP), together with the VASEP Tilapia Producers and Exporters Club, will host a joint booth to promote the image and potential of Vietnamese tilapia to domestic and international buyers.
(seafood.vasep.com.vn) Vietnam’s seafood exports are heading towards $12 billion this year, potentially the highest level on record. Yet one of the country’s export strengths is facing a growing list of challenges.
(seafood.vasep.com.vn) The first six months of 2026 indicate that Vietnam’s tilapia industry is entering a new phase of development, with strong export growth but also greater demands for production scale, quality and international competitiveness.
(seafood.vasep.com.vn) Vietfish 2026, the Vietnam International Seafood Exhibition, will officially take place from 19–21 August 2026 in Ho Chi Minh City. As Vietnam’s largest annual seafood trade event, organized by the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietfish 2026 will once again bring together leading seafood companies, industry experts, and international partners from across the global seafood value chain.
(seafood.vasep.com.vn) Vietnam’s seafood exports reached USD 1.1 billion in July 2026, up 4.8% compared to the same period in 2025. Cumulative exports in the first seven months of the year totaled nearly USD 6.86 billion, an increase of 11.5% year-on-year. Exceeding the USD 1 billion mark in July further reinforces the prospect that Vietnam’s seafood exports could surpass USD 12 billion in 2026. However, the July figures also send a clear signal that the most favorable growth period may have passed: overall export growth slowed to just 4.8%, pangasius exports fell 6.1%, tuna exports were virtually flat, while exports to the EU, South Korea, and the Middle East all recorded double-digit declines.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the seminar "Global Seafood Market and the Future Workforce: Trends, Opportunities, and Sustainable Development Pathways for Vietnam's Seafood Industry" will take place from 2:00 p.m. to 4:15 p.m. on August 19, 2026, at Convention Room B, Level 2, SECC, Ho Chi Minh City. This is the first of five specialized seminars at Vietfish 2026, focusing on key issues that are shaping the long-term development of Vietnam's seafood industry.
(seafood.vasep.com.vn) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.
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