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) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.
(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.
(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.
(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.
(seafood.vasep.com.vn) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
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