In the first three quarters of 2024, Vietnam's shrimp exports to the US totaled 566 million dollas, up 9% year-over-year. After a 7% decline in Q2, shrimp exports rebounded in Q3, increasing by 19%. In Q3/2024 alone, shrimp exports to the US amounted to 263 million dollas, a 19% rise from Q3/2023.
Lower inventory levels, rising demand for the year-end holiday season, and a more positive economic outlook have contributed to the improvement in Vietnam’s shrimp exports to the U.S.
In the first three quarters of 2024, the product mix of Vietnam's shrimp exports to the US was dominated by whiteleg shrimp (85.5%), followed by black tiger shrimp (8.9%), with other shrimp products making up the remainder. Notably, processed black tiger shrimp saw the highest growth rate of 44%, while among other shrimp categories, fresh/frozen shrimp experienced the strongest growth at 188%.
During the first three quarters of 2024, the average export price of frozen whiteleg shrimp to the US ranged from $9.6 to $10.3 per kg, while black tiger shrimp prices ranged from $14.9 to $19.3 per kg. In Q3/2024, the average export price of frozen whiteleg shrimp to the US increased slightly compared to Q2 but remained lower than the same period in 2023. Conversely, the average export price of black tiger shrimp to the US in Q3 declined slightly compared to Q2, with fluctuating prices observed throughout Q3/2024.
According to the USDA Foreign Agricultural Service (FAS.USDA), the US imported 550,162 tons of shrimp valued at 4.3 billion dollas in the first nine months of this year, down 4% in volume and 10% in value compared to the same period last year.
FAS.USDA data indicates that, during the first nine months of 2024, shrimp imports from Vietnam into the US showed a more positive trend compared to other major suppliers such as India, Ecuador, and Indonesia. India remains the leading shrimp supplier to the US, exporting 213,520 tons worth 1.6 billion dollas during this period, which represents a 1% decrease in volume and a 7% decline in value compared to last year.
On October 22, 2024, the US Department of Commerce (DOC) announced the final results of its anti-dumping (AD) and countervailing duty (CVD) investigations on frozen warm-water shrimp from Ecuador, Indonesia, and the CVD investigations on imports from Ecuador, India, Indonesia, and Vietnam.
The findings revealed that India faces a CVD rate of 5.77%, which is higher than Vietnam’s rate of 2.84%. Ecuador saw positive results in the AD investigation but faces an average CVD rate of 3.78%, while Indonesia experienced the opposite, with favorable CVD results but an average AD rate of 3.90%. Among these countries, Vietnam recorded the most favorable outcomes from the DOC’s latest announcement.
The re-election of Donald Trump as US President will undoubtedly impact the import of goods, including seafood, into the country. The new administration could present both opportunities and challenges for Vietnam's shrimp exports, depending on the tariff rates Trump’s policies might impose. Trump has proposed a 10% tariff on all imported goods into the US, with goods from China facing a hefty 60% tariff. These proposals could potentially drive up consumer prices, while also impacting GDP growth and employment. Additionally, the trade war with China is expected to remain a focal point in global agricultural trade, given China’s status as a top consumer market for numerous products.
(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.
(seafood.vasep.com.vn) Amid the increasingly evident impacts of drought and saltwater intrusion, the shrimp-rice production model in Ca Mau province continues to prove itself as a viable direction, contributing to higher farmer incomes, improved soil conditions and the promotion of ecological and sustainable agricultural development.
(seafood.vasep.com.vn) The management of fishing vessels, monitoring of fishing activities, and handling of violations in the fisheries sector in Lam Dong province have continued to be implemented in a synchronized and stringent manner, contributing to raising awareness of legal compliance among fishermen and aiming to end illegal, unreported and unregulated (IUU) fishing.
(seafood.vasep.com.vn) Can Tho’s fishery industry sustained steady growth in 2025 with total aquatic and marine output reaching nearly 783,000 tons, fulfilling 100% of the annual target. Aquaculture, capture fisheries and fishing fleet management were further strengthened, aiming for sustainable development in the coming years.
(seafood.vasep.com.vn) In 2025, Vietnam’s pangasius export turnover reached nearly USD 2.2 billion, up 8% year-on-year. This result indicates that pangasius exports maintained their growth momentum despite significant volatility in the global market environment. In December 2025, pangasius export value reached USD 200 million, up 10% compared to December 2024. This solid performance in the final month of the year reflects increased import demand for consumption and inventory replenishment in key markets.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain experienced significant fluctuations. According to Vietnam Customs, during the first 11 months of 2025, export turnover for the first 11 months of the year edged up by 0.3% year-on-year, reaching nearly $15 million.
(seafood.vasep.com.vn) Deputy Prime Minister Bui Thanh Son has signed Decision No. 16/QD-TTg, dated January 5, 2026, approving the implementation plan for the Vietnam-Israel Free Trade Agreement (VIFTA). Under the plan, in the coming period, ministries, ministerial-level agencies, government-affiliated entities and People’s Committees of provinces and centrally-run cities must institutionalize and execute tasks focused on the dissemination of information regarding VIFTA and the Israeli market; legislative and institutional development, as well as enhancing competitiveness and human resource growth...
(seafood.vasep.com.vn) Beyond achieving double-digit growth, Vietnam’s fish cake and surimi exports are showing a notable year-end "inflection point": the EU his accelerating with nearly twofold growth, China & Hong Kong are rising sharply, while the largest market, South Korea, signaled a slowdown in November. According to Vietnam Customs data, export turnover of fish cake and surimi reached $327 million in the first 11 months of 2025, up 22% year-on-year; November 2025 alone accounted for $35 million, marking a 5% increase. This serves as a critical foundation for exporters to reassess market structures and competitive intensity while finalizing order strategies for 2026.
(seafood.vasep.com.vn) Ca Mau, widely regarded as the nation’s “shrimp capital”, continued its strong performance in 2025 as shrimp output reached nearly 600,000 tons, maintaining its position as Vietnam’s leading shrimp-producing locality.
(seafood.vasep.com.vn) On December 29, 2025, at the 2025 Pangasius Industry Review Conference held in Can Tho City, the Vietnam Pangasius Association announced that fingerling prices have surged to record levels due to acute supply shortages.
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