Shrimp imports into the EU in 2016 inched up 2% compared to 2015 in value, but in the first 5 months of 2017, the figure downed 18.4% over the same period in 2016. This was driven by a dip in shrimp production from suppliers and a rise in prices, which made the demand for this product decrease.
In 2016, Spain was the single largest importer of shrimp in the EU, accounting for 17.7% of total shrimp imports into the EU. France and the UK respectively ranked the 2nd and the 3rd biggest ones, accounting for 13.6% and 12.9%; the Netherlands ranked the 4th with 9.3%.
In the first 5 months of 2017, shrimp imports into the EU reached over US$2 billion; down 18.4% over the same period in 2016. Out of top 4 leading buyers of shrimp into the EU, the import value of shrimp into Spain reached US$369.2 million; increased by 7.3%; those into France hit US$338.6 million; decreased by 1.4%; those into the UK touched nearly US$230 million; down 8.2% over the same period in 2016.
According to the data from Vietnam customs, in the first 8 months of 2017, the EU became the largest importer of Vietnam shrimp. Vietnam’s shrimp exports to the EU in the period amounted to US$483.6 million; increased by 30% over the same period of 2016.
As of August this year, shrimp shipments to top 3 biggest importing markets of Vietnam (the UK, the Netherlands, Belgium) in the EU reported the 2-digit growth of 46.5%; 47.8% and 34.1%, respectively. Vietnam’s shrimp sales to the EU currently recorded the good growth as the EU consumers prefer value-added seafood products and increase imports for year-end festivities.
On the EU market, Vietnam shrimp has to compete with the same item form India and Ecuador. While India tends to reduce shrimps exports to the EU, Ecuador and Vietnam are increasingly promoting shipment of shrimp to the market.
In the coming time, when Vietnam - EU Free Trade Agreement (EVFTA) takes effect (in 2018), Vietnam’s shrimp exports to the EU expected to continue positive growth thanks the preferential tax rate.
|
Shrimp imports into the EU, Jan-May 2017 (Thousand US$) |
|||
|
Markets |
T1-T5/2016 |
T1-T5/2017 |
Variation (%) |
|
EU 28 |
2,473,589 |
2,017,641 |
-18.4 |
|
Spain |
344,183 |
369,214 |
7.3 |
|
France |
343,467 |
338,551 |
-1.4 |
|
UK |
326,861 |
299,978 |
-8.2 |
|
Portugal |
67,221 |
69,617 |
3.6 |
|
Ireland |
13,621 |
13,590 |
-0.2 |
|
Greek |
25,309 |
24,849 |
-1.8 |
|
Estonia |
5,207 |
5,679 |
9.1 |
|
Czech Republic |
5,462 |
4,671 |
-14.5 |
(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
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