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
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(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.
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