Growth in October was strongly supported by whiteleg shrimp products and by China, which continues to show robust demand for Vietnam’s fresh and frozen shrimp.
China and CPTPP lead the expansion
In the first 10 months of 2025, Vietnam’s shrimp exports to most major markets increased. China & Hong Kong was the standout, reaching USD 1.1 billion, up 64% — the strongest growth among all markets. In October alone, this market recorded USD 140 million, maintaining the top position both monthly and cumulatively.
The CPTPP bloc reached over USD 1 billion in the 10-month period, up 33% year-on-year. October exports reached USD 121 million. This region provides stability thanks to steady demand in Japan, Canada, and Australia.
Exports to the US reached USD 702 million, up 9% year-on-year. October exports stood at USD 114 million, indicating sustained demand despite competition from Ecuador and India.
Exports to the EU reached USD 487 million, up 20% year-on-year. In October, this market posted USD 53 million, showing continued stable demand for processed, certified, and value-added products.
Notably, Taiwan recorded very strong growth in October, reaching USD 12 million—up nearly 80% from October 2024—highlighting expansion prospects in Asia–Pacific markets.
Whiteleg shrimp remains the core product; black tiger shrimp stable
Whiteleg shrimp continued to account for the largest share, reaching USD 2.5 billion, or nearly 65% of total 10-month export value. This product group recorded the highest growth thanks to competitive prices, large supply, and wide acceptance in major markets.
Black tiger shrimp reached USD 385 million (about 10% of total exports). Exports remained stable due to steady demand in Japan and strong demand for large-sized and eco-shrimp in China. Other shrimp products reached USD 991 million, a sharp increase year-on-year, reflecting growing production of frozen and deeply processed items that improve factory efficiency and target higher-value market segments.
Asia continues to be the key growth engine
Since the beginning of the year, Asia has been the strongest driver of Vietnam’s shrimp export growth. China–Hong Kong rose more than 60%, Taiwan surged in October, and Korea maintained mild growth. This shows improving regional demand amid gradual economic recovery, geographic advantages, and market diversification strategies in the context of US tariff pressures.
Meanwhile, the US, Japan, and the EU maintained stable growth, mainly in value-added and processed shrimp categories.
Shrimp exports are expected to slow in the last quarter, mainly due to US tariffs and other trade defense measures — a major challenge for Vietnam’s second-largest shrimp market. These pressures affect costs, competitiveness, and contract timelines.
If exporters continue to optimize value-added products, uphold quality, and diversify markets, the slowdown can be mitigated. However, the general trend suggests that Q4 growth will be slower or slightly lower than in mid-year months.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
(vasep.com.vn) Changing markets, shifting buyer demand, and increasingly complex trade barriers are raising a key question for Vietnam’s seafood industry: Where will the new growth opportunities lie in 2027–2029?
(seafood.vasep.com.vn) As of the end of August 2026, Vietnam’s tilapia exports to the United States reached $21 million, representing a steep 48% year-over-year decline and accounting for 23% of the country's total tilapia export turnover. Frozen fillets accounted for 78% with the remainder consisting of whole frozen tilapia and frozen cuts.
(seafood.vasep.com.vn) After a volatile first half of the year, Vietnam’s pangasius exports to Brazil registered robust growth in July and August 2026. In August alone, export turnover reached $19 million, surging 73% compared to the same period in 2025. Cumulatively for the first eight months, total export value reached $124 million, reflecting an 8% year-over-year increase.
(seafood.vasep.com.vn) Besides modifying their boats, many fishermen in Dak Lak province are making efforts to venture out to sea to harvest seafood during the rough sea season.
(seafood.vasep.com.vn) At the Responsible Seafood Summit and TCRS Shrimp Summit 2026, organized by the GSA (Global Seafood Alliance) in Bangkok, Thailand, the conversation about the future of the shrimp industry began with one of its most important foundations: seedstock quality.
(seafood.vasep.com.vn) In the first eight months of 2026, Vietnam’s tuna exports to Lithuania surpassed $14 million, up 8% year on year. While the increase remains modest, it is notable given the continued pressure on Vietnamese tuna exports to the EU as a whole. More importantly, export turnover to Lithuania has shown a clearer recovery in recent months, making the market a destination worth monitoring for Vietnamese businesses in Europe.
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