Vietnamese shrimp exports to several major markets have achieved positive results. As per the annual trend, exports typically accelerate in the third quarter. As of September 15, 2024, shrimp exports to the US reached $516 million, up 8%. Exports to the EU totaled $337 million, up 15%. Exports to China and Hong Kong amounted to $529 million, up 26%, while exports to Japan recorded $342 million, down 1% (a lower decrease compared to the beginning of the year).
According to data from the US National Oceanic and Atmospheric Administration (NOAA), in the US market during August 2024, Vietnamese shrimp exports outperformed competitors such as India and Ecuador, whose shrimp exports to the U.S. declined.
The average import price of shrimp from Vietnam to the US increased from $4.59 per pound in July 2024 to $4.95 per pound in August 2024. The price per pound also slightly increased compared to the same period last year, as the average price was $4.93 per pound in August 2023. August also marked the highest monthly shrimp import volume into the U.S. since the beginning of the year, although figures still indicated a year-on-year decrease.
In 2024, frozen shrimp exports have been impacted by a price trend that has yet to recover clearly, combined with competitive pricing pressure from Ecuador and India. However, Vietnam’s processed shrimp still holds a strong position in the market. As a result, by the end of September, exports of processed whiteleg shrimp increased by nearly 10%, while exports of frozen whiteleg shrimp increased slightly by 4.5%. Accumulated in the first nine months of the year, whiteleg shrimp exports reached nearly $2 billion, and black tiger shrimp exports totaled $334 million.
The price of Vietnamese raw shrimp has been more positive since July. Prices for raw whiteleg shrimp of sizes 50, 80, and 100 pieces per kilogram have risen steadily from July to September. The average export price of Vietnamese shrimp to the US and EU has also increased since June. Export prices to China and Japan have also slightly increased.
The price of raw shrimp is expected to remain favorable in the fourth quarter. However, there may be a localized shortage of raw materials as China is anticipated to ramp up purchases for the Lunar New Year and New Year holidays, and businesses will need raw materials to boost production for year-end orders.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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