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) 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.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
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