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) Speaking at the Opening Ceremony of VIETFISH 2026 on August 19 at the Saigon Exhibition and Convention Center (SECC), U.S. Consul General Melissa Brown highlighted the important role of the exhibition in connecting Vietnam’s growing seafood industry with buyers, suppliers, and partners from the United States and around the world.
(vasep.com.vn) Tomorrow, August 19, 2026, the Vietnam International Seafood Exhibition – Vietfish 2026 will officially open at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Taking place over three days, from August 19–21, Vietfish 2026 promises to provide a dynamic platform for business networking, trend updates, product experiences and comprehensive cooperation across the domestic and international seafood community.
(vasep.com.vn) The global tilapia market continues to grow, creating significant opportunities for countries with strengths in aquaculture, processing, and exports. Against this backdrop, Vietnam’s tilapia industry is gradually developing toward higher quality, greater product diversification, and broader market reach. At Vietfish 2026, the Vietnam Association of Seafood Exporters and Producers (VASEP), together with the VASEP Tilapia Producers and Exporters Club, will host a joint booth to promote the image and potential of Vietnamese tilapia to domestic and international buyers.
(seafood.vasep.com.vn) Vietnam’s seafood exports are heading towards $12 billion this year, potentially the highest level on record. Yet one of the country’s export strengths is facing a growing list of challenges.
(seafood.vasep.com.vn) The first six months of 2026 indicate that Vietnam’s tilapia industry is entering a new phase of development, with strong export growth but also greater demands for production scale, quality and international competitiveness.
(seafood.vasep.com.vn) Vietfish 2026, the Vietnam International Seafood Exhibition, will officially take place from 19–21 August 2026 in Ho Chi Minh City. As Vietnam’s largest annual seafood trade event, organized by the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietfish 2026 will once again bring together leading seafood companies, industry experts, and international partners from across the global seafood value chain.
(seafood.vasep.com.vn) Vietnam’s seafood exports reached USD 1.1 billion in July 2026, up 4.8% compared to the same period in 2025. Cumulative exports in the first seven months of the year totaled nearly USD 6.86 billion, an increase of 11.5% year-on-year. Exceeding the USD 1 billion mark in July further reinforces the prospect that Vietnam’s seafood exports could surpass USD 12 billion in 2026. However, the July figures also send a clear signal that the most favorable growth period may have passed: overall export growth slowed to just 4.8%, pangasius exports fell 6.1%, tuna exports were virtually flat, while exports to the EU, South Korea, and the Middle East all recorded double-digit declines.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the seminar "Global Seafood Market and the Future Workforce: Trends, Opportunities, and Sustainable Development Pathways for Vietnam's Seafood Industry" will take place from 2:00 p.m. to 4:15 p.m. on August 19, 2026, at Convention Room B, Level 2, SECC, Ho Chi Minh City. This is the first of five specialized seminars at Vietfish 2026, focusing on key issues that are shaping the long-term development of Vietnam's seafood industry.
(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.
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