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) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(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 - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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