Regarding export products, export value of black tiger shrimp declined while whiteleg shrimp still increased in 11 months of 2022. Processed shrimp products increased more strongly than fresh/frozen shrimp products. Among black tiger shrimp products, only fresh/frozen black tiger shrimp decreased by 8%, other processed black tiger shrimp increased by 21%. The export value of processed vannamei and fresh/frozen vannamei increased by 15% and 5%, respectively.
In November, shrimp exports to main markets decreased simultaneously, in which exports to the US and EU decreased the most by approximately 50%, exports to Japan decreased by 16%, and exports to South Korea increased by only 2%. China is the only market still strongly increased shrimp imports from Vietnam with a growth rate of 88%.
In November 2022, Vietnam's shrimp exports to the US reached US$41 million, down 55% over the same period. Accumulating 11 months of 2022, shrimp exports to the US reached more than 773 million USD, down 21% compared to the same period in 2021.
According to data from the US National Oceanic and Atmospheric Administration (NOAA), in October 2022, the US imported 69,767 tons of shrimp, worth $633.99 million, down 18% in volume and 22% in value. This is the third consecutive month, shrimp imports into the US have recorded a decrease. As of October 2022, US shrimp imports reached 715,711 tons, worth $ 6.7 billion, down 2% in volume and 4% in value over the same period in 2021.
The reason for the decrease in shrimp imports to the US is due to the high inventory. Retail sales and F&B service sales have both slowed down, retailers sometimes even asking to delay deliveries. Despite high inventories, the price of shrimp in the US did not decrease because wholesalers did not want to sell because the price was not yet profitable. Christmas is coming soon, the Super Bowl takes place on February 12, and the Lent Festival takes place from February 22 to April 6. However, these events are also expected to be unlikely to reduce inventory supply in the US.
The US market's demand for Vietnamese shrimp imports may improve after the first quarter of 2023 when inventories are reduced and the economic situation is more positive.
Vietnam's shrimp exports to the EU reached 37 million USD in November 2022, down 44% over the same period. Exports to the main single markets in the bloc dropped by double digits. By November, exports to the EU market reached 655 million USD, up 19%.
Vietnam's shrimp exports to the EU began to decline from October. Record high Inflation, the energy price crisis, exchange rate fluctuations have affected storage costs and consumption demand.
In November 2022, while exports to most major markets decreased, exports to China still rose. Vietnamese shrimp exports to China this month reached more than 68 million USD, up 88%. Accumulating 11 months, shrimp export value to this market reached nearly 616 million USD, up 63% over the same period in 2021.
Since the beginning of December, the Chinese government has taken steps to relax the zero-covid policy. In particular, China is canceling the testing process for imported seafood, helping to shorten the time to wait for customs clearance and import costs for Chinese importers, which will increase import demand and consumption. Therefore, Vietnam's shrimp exports to China are expected to increase in the last month of this year.
In the first half of 2022, thanks to good export prices, high demand, and orders from the end of 2021, shrimp exports increased quite impressively. In the second half of 2022, enterprises have to face many difficulties and challenges such as a decline in world market demand due to record-high global inflation, Russia-Ukraine conflict, currency fluctuations, and rising production costs, limited raw materials, limited capital to rotate production while facing strong competition from other suppliers. However, as of November 2022, Vietnam's shrimp exports have exceeded the shrimp export turnover in 2021, reaching more than 4 billion USD, up 14% over the same period in 2021.
Although there are many challenges ahead, this result is an encouraging number for a year with such much uncertainty. For the whole year of 2022, shrimp exports will reach about $4.3 billion, up 10% compared to 2021.
Compiled by Thuy Linh
(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.
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