On January 14, 2019, the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CPTPP) was officially in force for Vietnam. The CPTPP Agreement consists of 11 members including Canada, Mexico, Peru, Chile, New Zealand, Australia, Japan, Singapore, Brunei, Malaysia and Vietnam.
CPTPP is said to have more marketable products and faster and easier time to reduce taxes. So after the CPTPP took effect, Vietnam shrimp export turnover to other markets such as Japan, Canada, Australia and Singapore has not changed much. However, it also recorded some positive changes.
Japan was the second largest shrimp importer of Vietnam in the first 4 months of 2019, accounting for 19.2% of the total export value of Vietnam shrimp to markets. In February and March of 2019, Japan was the only market among the major importers for Vietnamese shrimp that recorded positive growth. In April, shrimp exports to Japan decreased partly due to reduced demand in the context of economic growth showing signs of deceleration and unstable Japanese Yen. In the first four months of 2019, shrimp exports to Japan reached US$162.5 million, down 7.3% compared to the same period in 2018 while exports to EU, US, China and South Korea declined by 2 digits.
In addition to the Vietnam-Japan FTAs (VJEPA) and ASEAN - Japan (AJCEP), the CPTPP Agreement, that took effect from January 2019, also helps Vietnamese shrimp to increase their competitiveness in this market. According to Japan's commitments at CPTPP, most of Vietnam's main seafood products including frozen shrimp (HS 030617) and processed shrimp (HS 160521) are entitled to 0% tax rate right after the agreement took effect.
Canada ranked the 6th on Vietnam's shrimp imports, accounting for 4.4% of the total export value of Vietnamese shrimp to the markets. In the first four months of this year, Vietnam shrimp exports to Canada reached US$37.6 million, up 4.8% over the same period in 2018. Shrimp exports to Canada showed signs of increasing turnover after the CPTPP took effect earlier this year.
Among the countries participating in CPTPP, Canada is one of the countries with the highest market access commitments with thousands of tariff lines for imported goods returning to 0%; A tax cut of up to 95% tariff lines, covering 78% of Vietnam's total export turnover to Canada. Besides, Canada is one of three member countries that Vietnam has no bilateral trade agreement.
Under the CPTPP commitment, import duties on aquatic products, including frozen shrimp, processed shrimp ... from Vietnam to Canada all fell to 0% immediately after the Agreement came into effect.
CPTPP is also an opportunity for Vietnamese shrimp in the Canadian market as competitors such as India, Thailand and Indonesia do not join this agreement.
In recent years, Canada has consumed more warm water shrimp from Southeast Asian countries in the context of declining supply of cold water shrimp. Vietnam is the largest shrimp exporters to Canada, accounting for nearly one third of the market share of Canada’s shrimp imports. With this advantage, CPTPP shall be a leverage to help Vietnam shrimp compete better than other competitors in Canadian market.
Australia ranked seventh in Vietnam shrimp imports, accounting for 4.8% of Vietnam's total shrimp exports to markets. Under the commitment in CPTPP, all exported shrimp products to Australia shall reduce to 0% immediately after the Agreement comes into effect.
Chile is a small market. However, it is an open market for Vietnamese shrimp. According to Chile's commitment in CPTPP, seafood products including shrimp imported to Chile were reduced from 6% to 0% as soon as the Agreement came into effect.
In the first three months of 2019, Vietnam shrimp exports to Chile reached US$712.4 thousand, a sharp increase of 1,465% year on year (turnover in 2018 only reached US$45.5 thousand). Chile from the 60th position in the top importers of Vietnam shrimp rose to 46th position with the proportion increased from 0.01% to 0.12%.
CPTPP sets out for enterprises the conditions of technical barriers, quality standards and rules of origin. Enterprises need to improve competitiveness, capture market information and barriers to promptly respond.
Thus, after the CPTPP took effect, its benefits for Vietnam shrimp export were not much. However, it is considered as necessary support factors to help improve the points that previous bilateral and multilateral agreements have not been available.
(seafood.vasep.com.vn) Vietnam’s seafood exports in February 2026 reached approximately USD 707 million, up 8% compared to the same period last year. Cumulatively, exports in the first two months of 2026 totaled USD 1.7 billion, an increase of 20.2% year-on-year. The results show that the sector’s recovery momentum has remained relatively solid following strong growth in January, although the pace slowed noticeably in February for several key products and major markets. Within the overall picture, shrimp continues to be the largest pillar, pangasius rebounds strongly, while tuna exports and the U.S. and Korean markets are sending signals that warrant closer monitoring. In March, seafood exports are expected to gain additional momentum from markets other than the U.S., potentially supporting stronger growth.
(seafood.vasep.com.vn) In the first months of 2026, fishing activities in Quang Tri province recorded many positive signals, with output reaching over 15,941 tons. This result not only demonstrates fishermen’s efforts to stay offshore but also reflects the effectiveness of management and support measures implemented by local authorities.
(seafood.vasep.com.vn) In the first months of 2026, IUU prevention models focused on communication and mobilizing fishermen to comply with fisheries laws and avoid encroaching on foreign waters—related to combating illegal, unreported, and unregulated (IUU) fishing—have been implemented in coastal localities of Lam Dong province and have delivered initial positive results.
(seafood.vasep.com.vn) The sharp rise in raw pangasius prices to record levels is sending positive signals for the industry, but experts warn of potential supply–demand imbalances if production is not tightly controlled.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, the country’s total canned tuna export value in 2025 reached over USD 275 million, down 8% compared to 2024. Vietnamese canned tuna products were present in approximately 80 markets worldwide. However, the 2025 picture shows clear divergence: the U.S. maintained stability, the EU declined sharply, while several Middle East–North Africa (MENA) markets accelerated.
(seafood.vasep.com.vn) In 2025, Vietnam’s crab exports reached nearly USD 86 million, up almost 6% compared to 2024. A notable feature of 2025 was the strong market concentration in the United States, which accounted for more than 81% of Vietnam’s total crab export value, up 10% from the previous year. In contrast, exports to several Asian markets declined significantly, resulting in only modest overall growth for the year.
(seafood.vasep.com.vn) In 2025, Vietnam’s tilapia exports recorded impressive growth, with total export turnover reaching over USD 99 million, highlighting the increasingly important role of this product in the country’s seafood export structure. Of this total, tilapia fillets and other fish meat products accounted for USD 61 million, representing 61% of total export value and reaffirming their position as the key product category.
(seafood.vasep.com.vn) Shrimp seed quality is considered the “first link” and a decisive factor affecting the efficiency of the entire commercial shrimp production chain. High-quality seed directly influences survival rates, growth performance, and disease resistance, thereby determining production costs, productivity, and farmers’ profitability.
(seafood.vasep.com.vn) As part of its agricultural restructuring strategy toward sustainability, Quang Tri Province is gradually promoting environmentally friendly aquaculture models. Among these, organic-oriented golden pompano farming is considered a promising direction, aligned with the goals of enhancing production value and building sustainable rural areas.
(seafood.vasep.com.vn) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
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