The top 5 main shrimp import markets of Vietnam, including the US, Japan, EU, China, and South Korea, recorded growth of 15%-91% in the first 4 months of this year.
Shrimp exports remained stable growth in the first 4 months of this year thanks to high market demand and good export prices.
Demand in the markets recovered after the most stressful period of the COVID-19 epidemic, the supply in markets was insufficient, and price inflation increased. The conflict between Russia and Ukraine has contributed to disrupting the global supply of seafood including shrimp.
In this context, Vietnamese shrimp exporters have planned production, taking advantage of opportunities from the market.
According to some businesses, the demand, as well as the interest of international customers for Vietnamese shrimp at the present time, has also increased markedly, reflected in international seafood fairs such as the the North American Seafood Show in March 2022 and the Global Seafood Expo e at the end of April 2022.
The US is the single market that imports the most shrimp from Vietnam, accounting for 16%. In the first 4 months of the year, Vietnam shrimp exports to the US reached over US$291 million, up 47% over the same period.
Vietnam's shrimp exports to the US grew well in the first four months of the year. This market needs food supplies for the summer and the fall.
Shrimp is the most consumed seafood product in the United States because of its ease of preparation at home and popularity in the foodservice sector. The average American shrimp consumption is about 5 pounds per person in 2020.
However, high inflation in the US and large inventories after importing large quantities in the first months of the year, may cause US shrimp imports in April and May to slow down.
In March 2022, the US imported 76,626 tons of shrimp, worth over USD 729 million, up 22% in volume and 39% in value compared to March 2021. The average price of shrimp imports into the US in March 2022 reached $9.52/kg, up from $8.36/kg in March 2021.
China is Vietnam's fourth-largest shrimp import market. In April, shrimp exports to China increased sharply by 128% to USD 81 million. Accumulated in the first 4 months of the year, shrimp export turnover to this market reached more than USD 187 million, up 91% over the same period.
COVID-19 broke out strongly in China and the "zero COVID" policy caused shrimp exports to this market to encounter many bottlenecks. However, because many factories in China were closed, production was stalled, so this market also lacked shrimp supply for domestic consumption and export processing.
Therefore, Vietnam's shrimp exports to this market recorded growth despite the above challenges. It is expected that shrimp exports to China in the following months will continue to grow strongly.
Although the export results were quite good, the unusual weather affected the supply of raw shrimp and input costs such as gasoline and production materials, and shrimp seed price continued to increase, which eroded the profits of the business. In the second quarter of this year, shrimp export turnover is forecasted to continue to increase by about 12% over the same period in 2021, reaching USD 1.2 billion.
Compiled by Minh Trang
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain increased by 13% compared to 2024. This growth trend has continued into the first two months of 2026. According to Vietnam Customs statistics, export turnover to this market reached nearly USD 3 million in January–February 2026, up 101% year-on-year and significantly higher than the same period in 2024. This development indicates that Spain is once again becoming a notable destination for Vietnamese tuna amid strong demand for tuna raw materials and products in Europe.
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(vasep.com.vn) Vietnam’s tilapia exports to the United States recorded remarkable growth in 2025, opening up major opportunities while also presenting considerable challenges. The U.S. remains the largest importer of Vietnamese tilapia fillets, with export turnover reaching USD 40 million—an increase of up to 499% compared to 2024. This impressive growth reflects strong demand in the U.S. market, as supply from competing countries such as China has been constrained by tariffs and rising production costs.
(seafood.vasep.com.vn) Pangasius remains a strategic export commodity in Vietnam’s seafood sector. Entering 2026, the industry faces a strong need to transition from volume-based growth to a value-driven development model, with a focus on quality, food safety, and sustainability.
(seafood.vasep.com.vn) Following damage caused by Storm No. 13 in late 2025, brackish water shrimp farming in Gia Lai is being rapidly restored. In key farming areas such as Tuy Phước and Tuy Phước Đông, farmers are focusing on rehabilitating ponds, repairing infrastructure, and treating the environment in preparation for the 2026 crop.
(seafood.vasep.com) Facing the decline in fishery resources, Vietnam is accelerating livelihood transitions for fishermen to reduce fishing pressure and move toward sustainable development. Marine fish stocks have dropped significantly from 4.82 million tons in 2000–2005 to 3.95 million tons in 2016–2020.
(seafood.vasep.com.vn) Vietnam’s shrimp industry is entering a period of strong transformation with the emergence of various high-tech farming models, helping improve productivity and competitiveness. Over the past 5–10 years, farming practices have shifted from traditional methods to intensive and super-intensive systems, featuring lined ponds, environmental sensors, automated feeding, and data management.
(seafood.vasep.com.vn) With a focus on sustainable development, high-tech application, and climate change adaptation, An Giang Province aims to maintain its brackish water shrimp production in 2026 at a level equivalent to the previous year. Specifically, output is projected to reach over 155,510 tons, serving both domestic consumption and export processing, thereby sustaining the fisheries sector’s key role in the local economic structure.
(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
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