Shrimp exports in the past 5 years achieved an average annual growth of 4% with an unstable annual growth. After 5 years, whiteleg shrimp exports have become increasingly dominant in export shrimp products thanks to strong growth.
Frozen shrimp products still accounted for a large proportion of Vietnam's total shrimp exports. Processed shrimp accounted for a significant proportion only in some major markets (the US, EU, Japan). The proportion of processed shrimp in the US market was the highest, followed by the EU, Japan, then South Korea, while ASEAN and China represented for low proportion.
Vietnam's top 6 shrimp importing markets included EU, the US, Japan, China and South Korea, accounting for 81-85% of the total shrimp import value in the last 5 years. Since 2017, the US and EU have exchanged positions because shrimp exports to the US have declined continuously and sharply decreased than the EU market. During this period, exports to China had the strongest breakthrough with an average annual growth of 16% and after 5 years increased by over 55%. After China, South Korea was also a notable market in the past 5 years, followed by the EU.
In general, regarding the import tax on shrimp products in major markets, Vietnam's products have advantages compared to other exporting countries such as Indonesia, India, Thailand, China, especially in markets signed FTA agreement with Vietnam. This will continue to be an advantage for Vietnam's shrimp exports in 2020 and in coming years.
However, the corona epidemic has been affecting shrimp production and export to markets in 2020, thus limiting the growth of shrimp industry this year, though the level of influence for each market will be different.
VASEP has released a Report on Vietnam shrimp sector, 2015 - 2019 (Vietnamese - English bilingual, 50 pages), providing detailed information and data on production and export movements of each major shrimp species to markets; assessing shrimp supply and demand trends in markets; comparing the export price, import tax of shrimp of Vietnam and other exporting countries in the markets; simultaneously evaluate the prospects of production and export to each market, the impact of the corona epidemic (opportunities, challenges and forecast on export turnover) in 2020.
Please see the details of the Report on Vietnam shrimp sector, 2015 - 2019 here.
(seafood.vasep.com.vn) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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