The EU is currently Vietnam's fourth largest shrimp import market, accounting for 13% of Vietnam's total shrimp export value. In this market, Vietnamese shrimp faces fierce competition from heavyweights from Asia such as India and Thailand, and from Latin America like Ecuador and Brazil. This demonstrates that Vietnamese shrimp is increasingly affirming its quality and meeting the high standards of the EU market.
In the first nine months of this year, Vietnam's shrimp exports to the EU reached over $360 million, a 15% increase compared to the same period last year. In the first nine months of 2024, shrimp exports to the EU only declined in February and March, while exports in the remaining months recorded double-digit growth.
The average export price of Vietnamese shrimp to the EU, especially the price of whiteleg shrimp, has also recorded continuous growth since June this year. This indicates that the EU market still has a high demand for Vietnamese shrimp, especially whiteleg shrimp.
With strict standards for quality and food safety, the EU market has become a crucial benchmark for the competitiveness of Vietnam's shrimp industry. From minimizing environmental impacts during farming to ensuring clear traceability and animal welfare, each exported shrimp must meet the highest standards.
In the first nine months of this year, among Vietnam's seafood export products, shrimp brought in the highest export turnover of $2.8 billion, up 11% compared to the same period in 2023. Shrimp exports to major markets (US, EU, China, etc.) all recorded positive growth.
In the first nine months of this year, Vietnam's shrimp exports to the US reached $566 million, a 9% increase compared to the same period last year. In the US, the Federal Reserve has cut interest rates in its September meeting and is expected to cut rates two more times in November and December, which will help boost consumption due to lower borrowing costs, especially as the number of jobs is increasing. This is beneficial for exporting goods to this market.
According to data from the US National Oceanic and Atmospheric Administration (NOAA), in the US market, in August 2024, Vietnamese shrimp exports were more positive than other competitors such as India and Ecuador when shrimp exports from these sources to the US all decreased.
The average import price of shrimp from Vietnam to the US increased from $4.59/pound in July 2024 to $4.95/pound in August 2024.
Vietnam's shrimp exports to China and Hong Kong increased by 77% in September. In the first nine months, shrimp exports to this market increased by 29% to $585 million. China is introducing many solutions to increase consumer spending, which supports shrimp imports into this market. In 2024, frozen shrimp exports are still affected by the trend of prices not recovering significantly, along with the pressure of competitive selling prices with Ecuadorian and Indian shrimp. However, processed shrimp from Vietnam still has a good position in the markets. Therefore, as of the end of September, exports of processed whiteleg shrimp still increased by nearly 10%, while exports of frozen whiteleg shrimp increased slightly at 4.5%.
The price of Vietnamese raw shrimp has been more positive since July this year. The prices of raw whiteleg shrimp of sizes 50, 80, and 100 pcs/kg have increased continuously from July to September. The average export price of Vietnamese shrimp to the US and EU has also increased since June. Export prices to China and Japan have also recorded a slight increase.
It is expected that the price of raw shrimp will continue to be positive in the fourth quarter, although there may be a local shortage of raw materials as this is the period when China will increase purchases for the Lunar New Year and New Year holidays, and businesses need raw materials to boost production for year-end orders.
(seafood.vasep.com.vn) Vietnam’s shrimp industry is entering a period of strong transformation with the emergence of various high-tech farming models, helping improve productivity and competitiveness. Over the past 5–10 years, farming practices have shifted from traditional methods to intensive and super-intensive systems, featuring lined ponds, environmental sensors, automated feeding, and data management.
(seafood.vasep.com.vn) With a focus on sustainable development, high-tech application, and climate change adaptation, An Giang Province aims to maintain its brackish water shrimp production in 2026 at a level equivalent to the previous year. Specifically, output is projected to reach over 155,510 tons, serving both domestic consumption and export processing, thereby sustaining the fisheries sector’s key role in the local economic structure.
(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).
(vasep.com.vn) Australia is emerging as one of the most stable and promising growth markets for Vietnamese shrimp. Amid global trade disruptions driven by geopolitical tensions—particularly conflicts in the Middle East—strengthening and expanding into stable markets like Australia has become increasingly important for Vietnam’s shrimp industry.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.
(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.
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