In the third quarter of 2022, Vietnam’s shrimp exports reached 1.13 billion USD, only a slight increase of 9% compared to the same period last year. In which, whiteleg shrimp exports only increased by nearly 4%, black tiger shrimp exports decreased by 7%. Particularly in September, whiteleg shrimp exports decreased by 5% over the same period, black tiger shrimp exports were down 7%. However, lobster exports in the third quarter increased more than 4 times over the same period.
In October, with a decrease of 16%, shrimp exports clearly revealed the downward trend of the import market as well as the inadequacies of shrimp enterprises in particular and the whole seafood industry in general.
Accordingly, in October 2022, shrimp exports earned only 360 million USD, the lowest level since the beginning of 2022 (except in February coincided in the Lunar New Year holiday). Accumulated to the end of October, the shrimp export industry recorded sales of over $3.7 billion, up 18% over the same period last year.
In October, the main markets all experienced a sharp decline in shrimp imports from Vietnam. Accordingly, shrimp exports to the US dropped 56% to over US$52 million, to Japan decreased by 19%, to Korea decreased by 26%, to the UK and EU countries decreased deeply by 55% - 88%. Particularly, exports to China and Hong Kong still maintained growth of 18% and 14% respectively compared to October 2021.
By the end of October, although it decreased by 19% over the same period, the US market still accounted for the largest proportion, accounting for nearly 20% of Vietnam's shrimp exports with a turnover of 727 million USD, equivalent to about 63 thousand tons of shrimp.
According to statistics of the US Department of Agriculture, in the first 9 months of this year, this market imported about 646.5 thousand tons of shrimp from 40 countries, worth over 6 billion USD. Import volume was similar to the same period last year, but value increased by 9%. The reason is that the average import price increased by 8.4% to 9.41 USD/kg.
Vietnam is the fourth largest shrimp supplier in the US market, accounting for 9% in volume and 11% in value. The average price of Vietnamese shrimp imports into the US was 9% higher than the same period last year, from 10.59 USD to 11.54 USD/kg.
India, Indonesia and Ecuador still hold the dominant market share with 35%, 20% and 19% in value. The average price of shrimp imports from these three countries into the US reached $9.25, $9.63 and $7.67/kg, respectively, also increasing by 7-10% over the same period last year.
Besides the US, shrimp exports to Italy by the end of October also decreased by 18%, to the UK by 6%. Economic and political instability and the upward trend in commodity prices, especially energy prices, have had a heavy impact on the Italian and British markets this year, causing imports of most goods to decrease.
However, shrimp exports to other markets by the end of October still maintained a positive growth, of which to China increased by 70%, to Australia by 50%, to Canada by 38%, to South Korea by 31%.
Vietnam shrimp exports in the last 2 months of 2022 are hard to keep the same growth as in previous months even though the upcoming end year holidays. The demand in the market is decreasing, the source of raw materials facing difficulties and production cost is increasing while enterprises and farmer are lacking of capital to rotate investment in production - processing for export
Compiled by Thuy Linh
(seafood.vasep.com.vn) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
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
