Vietnam’s shrimp exports reach $2.8 billion in the first three quarters

News 15:40 30/10/2024
(seafood.vasep.com.vn) Vietnam's shrimp exports accounted for the highest export value among all seafood products in the first nine months of the year, reaching nearly $2.8 billion, a 10.5% increase compared to the same period in 2023.

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.

shrimp exports

TIN MỚI CẬP NHẬT

Vietnam’s fish cake and surimi exports show positive signs in early 2026

 |  09:49 20/04/2026

(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s exports of fish cakes and surimi exceeded USD 45 million, up 7% compared to the same period in 2025, indicating a positive outlook for this product segment amid recovering demand in many markets.

Quang Ngai ensures transparency in declaring seafood production.

 |  08:48 17/04/2026

(seafood.vasep.com.vn) During the week from April 4th to 10th, 2026, Quang Ngai province intensified its monitoring and law enforcement activities with the determination to eliminate illegal, unreported, and unregulated (IUU) fishing practices.

Thanh Hoa promotes high-tech shrimp farming

 |  08:41 16/04/2026

(seafood.vasep.com.vn) Thanh Hoa’s shrimp sector is undergoing a strong transformation by accelerating the adoption of high technology, helping to improve productivity, increase profits, and meet market demands. The province currently has about 4,100 hectares of shrimp farming, with output continuing to rise despite stable farming area, mainly due to the shift from traditional methods to intensive and super-intensive farming.

Vietnam’s crab exports brighten in 2026, but face pressure from reliance on major markets

 |  16:15 14/04/2026

(vasep.com.vn) Amid ongoing volatility in global seafood trade, Vietnam’s crab exports have made a fairly positive start to 2026. According to Vietnam Customs statistics, export turnover in the first two months of 2026 reached nearly USD 55 million, up 24% compared to the same period in 2025 and more than 2.2 times higher than in the same period of 2024. This indicates that crab exports are entering 2026 with stronger growth momentum, particularly in Asian markets.

Da Nang completes EC recommendations, accelerates efforts to lift IUU “yellow card”

 |  10:50 11/04/2026

(seafood.vasep.com.vn) Da Nang City has fully implemented all recommendations from the European Commission (EC) regarding the fight against illegal, unreported and unregulated (IUU) fishing, creating an important foundation for the removal of the “yellow card” in the near future.

Red tilapia farming opens up an effective economic development path in Da Nang

 |  10:42 09/04/2026

(seafood.vasep.com.vn) In Hoa Vang district (Da Nang City), red tilapia farming is demonstrating clear economic efficiency, becoming a promising livelihood that helps many households increase their income. A notable example is the model of Mr. Huynh Ngoc Nam, who operates two red tilapia ponds covering more than 4 hectares, generating stable annual income.

Ninh Binh promotes tilapia farming with a focus on high-quality seed

 |  10:30 06/04/2026

(seafood.vasep.com.vn) In Gia Vien district, tilapia farming—particularly the “duong nghiep” strain—is expanding rapidly and gradually becoming an efficient production model for local farmers. Hatcheries in the area are supplying high-quality, uniform, and disease-free fingerlings, meeting the growing demand for commercial farming.

Ca Mau promotes scaling up RAS-IMTA shrimp farming model toward sustainable development

 |  10:11 01/04/2026

(seafood.vasep.com.vn) On the afternoon of March 19, Vice Chairman of the Ca Mau Provincial People’s Committee, Le Van Su, chaired a meeting to address bottlenecks and propose solutions to expand the super-intensive whiteleg shrimp farming model using low water exchange and high biosecurity standards (RAS-IMTA).

Ho Chi Minh City approves aquatic animal disease prevention and control plan for 2026–2030

 |  10:07 30/03/2026

(seafood.vasep.com.vn) On March 10, 2026, the Ho Chi Minh City People’s Committee issued Decision No. 1377/QD-UBND approving the Aquatic Animal Disease Prevention and Control Plan for the 2026–2030 period. The decision takes effect from the date of signing and replaces previous plans for the 2021–2030 period that had been issued prior to the administrative merger in Ba Ria – Vung Tau, Binh Duong, and Ho Chi Minh City.

Chile’s tuna imports surge in 2025, can Vietnamese tuna accelerate?

 |  09:59 28/03/2026

(vasep.com.vn) In 2025, Chile imported more than USD 156 million worth of tuna, up 8.1% compared to the previous year and the highest level in the past five years. As the supply structure in this market is rapidly shifting, Vietnamese tuna is facing both opportunities to expand market share and increasing competitive pressure from Thailand, Colombia, and China.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC