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) 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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