Vietnam's shrimp exports to China and Hong Kong in October amounted to $91 million, up 44%. Accumulated by October 2024, shrimp exports to this market reached $676 million, up 31% year-on-year. Shrimp exports to this market are more promising, especially with lobster exports surging 157% to $298 million in the first ten months of this year. China's consumer stimulus policies have also contributed to boosting imports into this market.
Vietnam's shrimp exports to the US in October exceeded $80 million, up 17%. In the first ten months, shrimp exports to this market reached $646 million, up 10% year-on-year.
Shrimp imports into the US from the top three suppliers have all decreased, raising concerns about supply shortages. Improved market sentiment and an optimistics economic outlook, coupled with declining inventories and a balanced supply-demand situation, have led to expectations of higher US imports and improved shrimp prices in this market.
Proposals to increase import tariffs on goods into the US by President Trump after re-election have prompted US businesses to accelerate imports to stockpile goods ahead of potential duties. Therefore, in the short term, US demand for goods, including shrimp, is expected to continue to increase.
Vietnam's shrimp exports to two Asian markets, Japan and South Korea, also recorded positive growth of 18% and 28% respectively in October, after fluctuating in previous months.
Vietnam's shrimp exports to the EU rose by 32% in October, and accumulated exports in the first ten months reached $408 million, up 17% year-on-year. The EU's demand for Vietnamese shrimp imports has been quite stable this year, with continuous positive growth since April.
The export data from the first ten months of 2024 indicate promising trends across all major markets. Exports to the US and EU have demonstrated steady growth while China’s policies to stimulate consumption are expected to further boost demand for shrimp imports from Vietnam.
Export shrimp prices have shown signs of increasing, especially for whiteleg shrimp, enhancing profit margins for exporters. Raw shrimp prices are also at a favorable level, which will support production and exports.
The strong development of processed shrimp is a positive sign, indicating that businesses are shifting towards value-added items.
In 2023, global economic volatility, geopolitical tensions, high inflation, and tightened consumer spending led to a decrease in shrimp imports from major markets. In addition, global shrimp production rose sharply, with Ecuador’s explosive export growth creating oversupply and significantly lowering global shrimp prices.
In 2024, these adverse factors have improved: Inflation has eased, import demand from major markets is rebounding, shrimp production has not increased as rapidly as the previous year, and global shrimp prices have tended to increase. Despite internal and external challenges, Vietnam's shrimp export sector has achieved encouraging results. The target of $4 billion in export turnover in 2024 is entirely within reach.
(seafood.vasep.com.vn) On July 9, 2026, the Embassy of Vietnam in Brazil organized the seminar titled “Sharing Information on Vietnam-Brazil Economic, Trade and Investment Relations in the First Half of 2026” to provide updates on bilateral cooperation and strengthen connections among government agencies, industry associations, and business communities of the two countries.
(seafood.vasep.com.vn) Seafood exports in the first 6 months of the year continued to be a bright spot with a total turnover of 5.7 billion USD, an increase of 11.4% compared to the same period last year. By commodity group, seafood is one of the three groups with a trade balance in the first 6 months of 2026 in a surplus state with 4.13 billion USD, an increase of 17%.
(seafood.vasep.com.vn) For many years, Vietnam’s seafood industry has been recognized as one of the country’s key export pillars. Products such as shrimp, pangasius, tuna, squid, octopus, and a wide range of other seafood have reached hundreds of markets worldwide. Yet behind these impressive export figures lies a significant challenge: a substantial share of Vietnam’s seafood export value still comes from minimally processed products, contract manufacturing, and raw material exports—segments characterized by low profit margins and high vulnerability to fluctuations in global prices.
(seafood.vasep.com.vn) In the context of a global economy shifting powerfully toward green and sustainable values, Vietfish 2026 is far more than just a commercial trade fair. It has become a strategic rendezvous and a "comprehensive ecosystem"—a convergence of value, knowledge, and sustainable growth opportunities for the entire industry chain.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to Colombia continued their strong upward momentum in May 2026. Export value to the market reached USD 4 million, up 24% compared to the same month in 2025. Cumulative exports in the first five months of 2026 totaled USD 24 million, an impressive 48% increase year-on-year.
(seafood.vasep.com.vn) Hai Phong's aquaculture sector is accelerating the adoption of high technologies in aquaculture to adapt to climate change, with red tilapia and tilapia identified as the key cultured species for priority development.
(vasep.com.vn) Vietnam’s seafood exports reached nearly US$1.1 billion in June 2026, up 21.0% year-on-year. Cumulative exports in the first half of 2026 totaled nearly US$5.8 billion, representing a 12.8% increase compared with the same period last year. Exports to China and Hong Kong continued to accelerate, while shipments to the United States rebounded strongly in June. In contrast, exports to the EU, Japan, and the Middle East remained sluggish or recorded slight declines.
(vasep.com.vn) Tilapia is playing an increasingly important role in Vietnam’s aquaculture sector, driven not only by growing market opportunities but also by its ability to meet increasingly stringent requirements on quality, food safety, and traceability. In practice, tilapia farming in Vietnam is not a spontaneous or loosely regulated activity; rather, it operates under a comprehensive legal and technical framework covering the entire value chain—from hatcheries and farming to processing and exports.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 1.9 billion in the first five months of 2026, up 12% compared with the same period last year. Amid continued volatility in the global seafood market, this result demonstrates that the shrimp sector has maintained positive growth momentum, supported by improving demand in several Asian markets, particularly China.
(seafood.vasep.com.vn) On June 16, the Department of Agriculture and Environment of Ca Mau Province announced that the locality has established a farming area code for nearly 30,400 hectares of mud crab aquaculture and granted export facility codes to five enterprises eligible to export mud crab officially to markets such as China, Cambodia, Singapore, and the United Arab Emirates (UAE).
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