Exports to all markets simultaneously decreased by double digits. Japan was the largest shrimp import market of Vietnam in the first month of the year, accounting for 20.3%. Shrimp exports to Japan in January this year reached $29 million, down 47% over the same period.
Shrimp exports to Japan are expected to remain stable in 2023 as Vietnam's processed shrimp products are still in good demand in this market. However, this market requires increasingly high standards of food hygiene, safety and sustainability. Besides, the goods distribution system in Japan is complicated with many different levels and separate functions.
Shrimp exports to the second largest market, the EU in January reached 24 million USD, down 55% over the same period. Shrimp exports to the EU in 2023 are not positive due to the impact of inflation and uncertainties related to the Russia-Ukraine war.
In the context of increasingly strong competition from other suppliers such as Ecuador and China in the EU market, besides market diversification, enterprises need to diversify both products and supply chains, and focus on market research to boost export of goods that are in need.
Vietnamese shrimp exports to the US in January 2023 reached 23 million USD, down 65% over the same period. Demand for shrimp in the US market dropped sharply due to oversupply. Shrimp prices in this market are also falling. According to data from the National Oceanic and Atmospheric Administration (NOAA), US shrimp imports in December 2022 hit a 10-year low.
According to information from US importers, processors and wholesalers in this market are likely to buy more peeled and deveined shrimp instead of headless shell-on because this item is easier to transport - Lighter weight to reduce shipping costs and shorten processing time. The US market's demand for Vietnamese shrimp imports may improve after the first quarter of 2023, until around May when inventories are reduced and the economic situation is more positive.
Compiled by Thuy Linh
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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