The export deceleration in May can be explained by the unfavorable weather. Rainfall earlier than usual affects the fishery production and causes disease in farmed shrimp, leading to a decrease in shrimp production. At the same time, the inventories from 2021 have also been depleted.
Particularly, shrimp exports in June decreased by 1% compared to the same period last year because of the shortage of raw materials. In July, shrimp exports continued to decrease by nearly 13% to reach 385 million USD. Accumulation of 7 months, shrimp exports brought in 2.65 billion USD, rising 22% over the same period last year.
Shrimp production and the world shrimp demand are not expected to be positive in the last 6 months of the year. Shrimp production from other suppliers increased sharply while import volume of major markets such as the EU and US are slowing down because of high inventory and decrease in demand. Meanwhile, the domestic production of raw shrimp is facing difficulties due to the adverse weather and rising production costs. As a result, Vietnam would experience a shortage of raw shrimp in the second half of the year.
Unlike the shrimp, the source of raw materials for pangasius is not a big problem. However, the demand also tends to decrease in some markets. Therefore, Vietnam’s pangasius exports also slowed down in the second quarter. In July, pangasius exports reached 197 million USD, an increase of 56%. Accumulated until the end of July, pangasius exports reached over 1.6 billion USD, up 79% over the same period last year.
Price inflation and the trend of increasing export prices have led to a decrease in demand in major markets to adapt to the changes. However, pangasius is still an advantageous commodity when inflation is too high in many markets. Consumers will tighten their spendings and switch to more affordable products such as frozen pangasius fillets or fish cakes, surimi as well as some other frozen products, etc.
Exports of tuna, other marine fishes and cephalopod still maintained a high growth rate of 37-44% in July. By the end of July 2022, Vietnam tuna exports increased by 53% to 641 million USD. Exports of cephalopods increased by 31% to 417 million USD, other marine fishes increased by 16% to over 1.1 billion USD.
The increase in inventories along with inflation has affected the import demand of the US since June. Consequently, Vietnam's seafood exports to this market decreased by 8% in June and continued to fall deeply by 23% in July. Accumulating the first 7 months of the year, exports to the US reached nearly 1.5 billion USD, 31% increase over the same period last year.
Exports to the EU still maintained a growth rate of 28% in July. Accumulated in 7 months, Vietnam seafood exports to the EU reached 829 million USD, an increase of 39% over the same period in 2021. Seafood exports to China after 7 months have reached 1 billion USD, increased by 71% over the same period in 2021.
Scarcity of raw materials for shrimp and seafood will continue to affect Vietnam's seafood export results in the third quarter. Accordingly, Vietnam’s seafood exports in the third quarter is forecasted to grow slower than the second and first quarters, estimated at about 3 billion USD.
Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.
(seafood.vasep.com.vn) As geopolitical tensions in the Middle East continue to escalate, the global food market is facing increasing volatility in logistics costs, energy prices, and supply chains. In the seafood sector, alongside ocean-caught products such as tuna, the surimi-based product group—including fish cakes, crab sticks, fish balls, and other imitation seafood products—has also been affected to some extent by these developments.
(seafood.vasep.com.vn) According to the 2026 brackish-water shrimp farming calendar issued by the Da Nang Department of Agriculture and Environment, the 2026 crop started in early January and is expected to harvest in late June. However, stocking progress has been slower than planned as farmers remain cautious, focusing on pond renovation and production preparations.
(seafood.vasep.com.vn) After the Lunar New Year of Binh Ngo 2026, commercial clam prices in Ha Tinh province surged sharply, nearly doubling compared to normal levels and standing about 20–30% higher than the same period last year. The spike has encouraged many aquaculture households to accelerate harvesting and sell large volumes to the market.
(seafood.vasep.com.vn) In January 2026, Vietnam’s shrimp exports reached USD 379.6 million, up 22% compared to the same period in 2025. The double-digit growth in the very first month of the year signals a relatively positive recovery in orders, particularly in Asian markets.
(seafood.vasep.com.vn) From the very beginning of 2026, India’s shrimp industry has received a series of favorable trade signals: U.S. reciprocal tariffs have been reduced, while the successful conclusion of a Free Trade Agreement (FTA) with the EU has opened prospects for eliminating nearly all seafood tariffs in the coming years. This shift not only enables Indian shrimp to quickly offset declines in the U.S. market, but also reshapes the global competitive landscape, placing greater pressure on Vietnamese shrimp exporters in terms of price, market share, and strategic positioning.
(seafood.vasep.com.vn) Entering 2026, Vietnam’s pangasius industry is recording many positive signals, both in terms of raw fish prices and export prospects. Export turnover this year is projected to reach approximately USD 2.3 billion. Amid ongoing volatility in the global market, diversifying export destinations, reducing dependence on major markets, and effectively leveraging free trade agreements (FTAs) are considered key to maintaining sustainable growth and creating new momentum for the pangasius sector.
(seafood.vasep.com.vn) With forecasts indicating that weather conditions in 2026 may become more complex—featuring prolonged heatwaves, unseasonal rains, and increased salinity intrusion—the agricultural sector of Can Tho City advises brackish water shrimp farmers to strictly follow the seasonal farming calendar and strengthen pond environmental management to minimize risks and improve production efficiency.
(seafood.vasep.com.vn) On February 4, a working delegation led by the Authority of Telecommunications (Ministry of Science and Technology) met with the Management Board of Cat Lo Fishing Port (Phuoc Thang Ward, Ho Chi Minh City) to comprehensively review the installation of Vessel Monitoring Systems (VMS), assess signal connectivity, and evaluate the effectiveness of information technology applications in fisheries management across the city.
(seafood.vasep.com.vn) The year 2025 marked a significant milestone for China’s lobster market, with total imports reaching a record high and the supply structure undergoing major changes. Amid this surge, Vietnam’s lobster exports—especially green lobster—accelerated dramatically, reaching new highs and contributing substantially to Vietnam’s overall record shrimp export value.
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
