Marking 10 years of exporting
Before Vietnam - the United States established a Comprehensive Partnership in 2013, Vietnamese shrimp exports to the US were only around 500 million USD. After 2013, Vietnamese shrimp exports to the US grew quickly. In 10 years (2013-2022), Vietnamese shrimp export turnover to the US ranged from 638 million USD - over 1 billion USD. During this 10-year period, there were two years when shrimp exports to the US recorded an export turnover of over 1 billion USD, which were in 2014 and 2021.
In 2014, Vietnam’s shrimp exports to the US increased to a record of over 1 billion USD, up 28% over the same period in 2013. In 2014, shrimp prices in the US market remained high, a main factor contributing to growth in export value. A stronger US dollar compared to other currencies along with an improving economy helps boost shrimp imports into this market. From 2016-2018, shrimp exports to the US tended to slow down due to high anti-dumping taxes.
In 2021, Vietnamese shrimp exports to the US will reach nearly the record level of 2014 with over 1.04 billion USD thanks to retail sales in the US maintaining increased during the pandemic and demand for restaurants and food services. in the US recovered quickly thanks to the US Government's economic stimulus packages and the strategy of opening up and living with Covid.
Vietnam’s shrimp exports to the US in 2022 decreased compared to 2021 due to record inflation in the US, high inventory, weak purchasing power, and decrease in shrimp exported price.
As of August 15, 2023, shrimp exports to the US reached 405 million USD, down 30%
In 2022, shrimp exports to the US decreased compared to 2021 due to record inflation in the US, high inventory while purchasing power decreases, and the price of shrimp exported to the US decreases.
The downward trend of 2022 continues into 2023. As of August 15, 2023, shrimp exports to the US reached 405 million USD, down 30%. Although it has decreased continuously since the beginning of the year, in July, exports to the US recorded the first month of positive growth compared to the same period last year.
US shrimp import demand will more positive in the second half of 2023
According to NOAA, the US imported 69,501 tons of shrimp in July 2023, an increase of 3% compared to July 2022. For the first time after 13 months, US shrimp import volume recorded positive growth compared to the same period last year.
Orders from retailers tend to increase, demand for the year-end holidays is more positive, and the need to import goods for next year's "Vegetarian Festival" (Lent) is also increasing. It is forecast that in November and December this year, US demand for shrimp imports will also be more positive.
After 10 years of establishing the Comprehensive Partnership (2013-2023), on the occasion of the State visit to Vietnam by US President Joe Biden, Vietnam and the US on September 10, 2023 announced to upgrade their bilateral relations to the highest level "Comprehensive Strategic Partnership". This important event hopes to open up new opportunities for trade in goods, including seafood, between the two countries to become increasingly developed and sustainable.
Compiled by Thuy Linh
(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.
Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.
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