In the structure of shrimp products exported to China & HK, vannamei accounted for 54.9%, black tiger shrimp accounted for 25.3%, the rest was other shrimp. In the first 6 months of this year, the export value of whiteleg shrimp and black tiger shrimp to China & HK increased by 1% and 30% respectively over the same period in 2022. The export value of processed vannamei shrimp increased the most by 66%; Export of processed black tiger shrimp and frozen raw black tiger shrimp increased by 55% and 29%, respectively; Dried shrimp exports increased sharply by 3 digits with 583%.
China & HK mainly import frozen raw shrimp (HS code 03) from Vietnam, accounting for 97% of the proportion. In the first half of 2023, the average price of Vietnam's vannamei shrimp exported to China ranged from 4.9 to 7.9 USD/kg, and the average price of black tiger shrimp exported to this market ranged from 8.2 to 13.8 USD/kg.
According to data from China Customs, China's imports of warm water shrimp in H1 of 2023 increased by 49% year-on-year to 502,669 tons. Total import value increased 29% to 2.84 billion USD. This shows that China's shrimp demand is strong despite the slow economic recovery after the COVID-19 pandemic.
Vietnam’s black tiger shrimp exports to China & HK increased by 30% in the first half of 2023
Ecuador is China's largest shrimp supplier with 362,000 tons, up 63% year-on-year. Imports from India and Argentina also have strong growth. Shrimp imports from India increased by 31% and Argentina by 270% in the first half of this year to 60,700 tons and 17,700 tons, respectively. However, the products from these sources are mainly headless, semi-processed and wild-caught red shrimp, so the price is higher than that of Ecuador.
After the Chinese government lifted the “Zero Covid-19” policy, Ecuador shrimp exports to China increased dramatically. Localities with large populations such as Guangdong, Fujian, etc are “flooded” by Ecuadorian shrimp. This put a high pressure on Vietnamese shrimp in this market.
In the H1 2023, Ecuador promotes the export of cheap inventories to China while the harvest amount will tend to decrease in the second half of the year due to adverse weather conditions. As a result, the supply of Ecuadorian shrimp to China in the latter part of the year is likely to decline while this is the time that China often has high import demand. Therefore, Vietnam's shrimp exports to China during this period are anticipated to surpass the first half of the year.
Compiled by Thuy Linh
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first two months of 2025, Vietnam's shrimp exports recorded positive signs with strong growth in a number of important markets, of which lobster exports to China increased sharply.
In recent years, the agricultural and environmental sectors and localities in the province have created favorable conditions to develop and effectively maintain seafood chains, increasing income for people in rural areas.
(seafood.vasep.com.vn) According to Vietnam Customs, the country’s pangasius exports regained growth momentum in February 2025. Export value reached USD 150 million, marking a 66% increase compared to February 2024. Cumulative pangasius export revenue for the first two months of the year totaled USD 284 million, up 11% year-on-year.
Minh Phu Seafood Corp, one of the leading enterprises in shrimp processing and export, is actively promoting cooperation with shrimp farmers to develop the shrimp industry in Ca Mau.
(seafood.vasep.com.vn) In 2024, Vietnam’s tuna exports to the Middle East continued their impressive growth, rising by 28% compared to 2023. The Middle East is now emerging as one of Vietnam’s top four tuna export markets.
(seafood.vasep.com.vn) Recently, the price of Pangasius in the Mekong Delta has increased significantly, making fishermen very excited. However, looking at the overall picture of this industry, the rise in Pangasius prices is not just an opportunity, but also comes with many challenges.
(seafood.vasep.com.vn) Dishes made from fish, especially pangasius, have become common and are found in nearly all restaurants, hotels, and banquets in Pakistan.
Looking back at the period from 2022 to 2024, crab exports to China have shown significant fluctuations. In 2022, China imported over 62 million USD worth of crabs, averaging 5-9 million USD per month, indicating a stable import demand from China. However, in 2023, exports sharply dropped to 13.3 million USD, averaging only 1-2 million USD per month, due to China's tighter quarantine controls and weakening consumption demand.
In January 2025, Vietnam's shrimp exports to the UK reached over 16 million USD, an 8% increase compared to the same period last year. The UK is the sixth-largest individual market for Vietnam’s shrimp imports, accounting for 5.5% of the total shrimp exports to various markets. Shrimp also holds the largest share (70%) in Vietnam’s total seafood exports to the UK.
Nguyễn Đức Bình, vice director of Quảng Ngãi Province's Department of Agriculture and Rural Development, said that 4,259 out of 5,194 fishing boats (82 per cent) had registered for operations at sea.
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