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) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
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