Vietnam shrimp exports gain dual boost from key markets

Vietnam’s shrimp exports are receiving positive signals from its two largest markets, China and the U.S., creating momentum for the sector at the start of 2026.

Vietnam’s shrimp exports maintain steady growth

Shrimp exports grow in the first month of 2025

Shrimp exports to major markets bounce back

The seafood industry targets export earnings of about 11.5 billion USD this year, with shrimp expected to account for nearly half.

As of February 15, seafood export turnover had reached nearly 1.46 billion USD, placing it among the top three agricultural export earners.

Vietnam shrimp exports gain dual boost from key markets. (Photo for illustration: vneconomy.vn)

China continues to show strong demand, particularly for high-quality and premium products. In January alone, Vietnam’s exports of green lobster to China exceeded 100 million USD, up 6% year on year. In 2025, China became Vietnam’s largest shrimp market with total imports worth 1.3 billion USD, a surge of 55% compared to 2024.

Notably, green lobster exports to China reached 840 million USD, up 131%, making Vietnam the largest supplier of this product in the market. Industry experts say China is shifting toward higher-quality consumption, favoring suppliers capable of meeting strict requirements on quality, traceability and value-added processing – areas where Vietnam holds advantages.

Meanwhile, the U.S. market - Vietnam's second-largest shrimp export market, has turned more optimistic after the anti-dumping duty on Vietnamese shrimp was reduced to 4.58%, significantly lower than the previously announced rate of 35.29%. The lower deposit rate is expected to reduce import costs and improve the competitiveness of Vietnamese shrimp against rival suppliers.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the duty reduction will enable Vietnamese firms to offer more competitive prices and secure long-term or seasonal contracts, while maintaining stable supply for U.S. buyers.

The industry is also strengthening production capacity through improved farming practices, technical support and enhanced value chains to meet strict standards on quality and traceability.

With strong demand from China and improved trade conditions in the U.S., Vietnam’s shrimp sector is expected to consolidate its position and sustain export growth in 2026.

Source: VNA