After recording a growth rate of 52% in April, Vietnam shrimp exports to the US decelerated in May, only increasing 2.8% from the same period last year, reaching 99 mil USD. Vietnam's shrimp export to this market in the first 4 months has experienced a growth rate ranging from 25% to 61% compared to the same period last year. In the first 5 months of 2022, Vietnam's shrimp export to the US reached 390 million USD, rising 21% compared to the same period last year.
In the past few months, the US imported shrimp in large quantities from Vietnam, Indonesia, India, and Ecuador, leading to high inventories. This could reduce the buying demand of US importers. Total US shrimp imports in April this year have shown a drop compared to the previous month.
Besides, the rising inflation in the US, China’s new policy on COVID prevention, the continuous conflict in Ukraine, labour shortages and difficulties in the domestic supply chain are all affecting sales and the shrimp-consuming demand in the US.
Vietnam's shrimp exports to the US in the coming months are expected not to increase as strongly as in the first months of the year. It was only in September that the US demand for shrimp imports recovered strongly again to serve Thanksgiving and other year-end festivals.
Since March, Vietnam's shrimp exports to China have been accelerating, continuously recording a 3-digit growth. Vietnam's shrimp export growth rate to this market from January to May ranged from 126% to 140%. In May, Vietnam's shrimp exports to China reached 88 million USD, up 126% compared to May 2021. Accumulating in the first 5 months of the year, shrimp exports to this market achieved 275 million USD, rising 101% over the same period last year.
Currently, China's strict COVID-19 prevention and control policy has been loosened, creating conditions for China's shrimp imports to increase sharply again. China's shrimp imports in the first four months of this year increased 26% in volume and 51% in value over the same period last year, to 224,000 tons and 1.45 billion USD, respectively.
The two largest shrimp suppliers to China, Ecuador and India, both had shipments rejected by Chinese authorities in April due to traces of the Sar-CoV2 virus on the product packaging. As a result, shrimp imports from Ecuador and India into China dropped by 28% and 30%. China might import more shrimp from other sources, including Vietnam.
The Chinese government is working on a favorable business policy, providing stimulus packages to encourage consumer spending. This is expected to boost shrimp consumption in China. Therefore, Vietnam's shrimp export to China is predicted to accelerate in the next few months.
Vietnamese shrimp exports in June to major markets are not expected to fluctuate much compared to the trend in May and depend heavily on the supply of raw shrimp.
The unfavourable weather and the unusual first rain of the season affected shrimp production and, consequently, led to negative results in the sources of shrimp raw materials. Therefore, in the next few months, it is likely that shrimp materials will be in short supply. Shrimp exports in the second quarter are also forecast to slow down compared to the first quarter.
Compiled by Thuy Linh
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
(vasep.com.vn) Changing markets, shifting buyer demand, and increasingly complex trade barriers are raising a key question for Vietnam’s seafood industry: Where will the new growth opportunities lie in 2027–2029?
(seafood.vasep.com.vn) As of the end of August 2026, Vietnam’s tilapia exports to the United States reached $21 million, representing a steep 48% year-over-year decline and accounting for 23% of the country's total tilapia export turnover. Frozen fillets accounted for 78% with the remainder consisting of whole frozen tilapia and frozen cuts.
(seafood.vasep.com.vn) After a volatile first half of the year, Vietnam’s pangasius exports to Brazil registered robust growth in July and August 2026. In August alone, export turnover reached $19 million, surging 73% compared to the same period in 2025. Cumulatively for the first eight months, total export value reached $124 million, reflecting an 8% year-over-year increase.
(seafood.vasep.com.vn) Besides modifying their boats, many fishermen in Dak Lak province are making efforts to venture out to sea to harvest seafood during the rough sea season.
(seafood.vasep.com.vn) At the Responsible Seafood Summit and TCRS Shrimp Summit 2026, organized by the GSA (Global Seafood Alliance) in Bangkok, Thailand, the conversation about the future of the shrimp industry began with one of its most important foundations: seedstock quality.
(seafood.vasep.com.vn) In the first eight months of 2026, Vietnam’s tuna exports to Lithuania surpassed $14 million, up 8% year on year. While the increase remains modest, it is notable given the continued pressure on Vietnamese tuna exports to the EU as a whole. More importantly, export turnover to Lithuania has shown a clearer recovery in recent months, making the market a destination worth monitoring for Vietnamese businesses in Europe.
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