This year, Vietnam's shrimp export revenue is expected to reach 3.6 to 3.8 billion USD.
Published 2025년 8월 26일
Tridge summary
This mainly relies on Vietnam's strategy to accelerate exports to Asian and European markets, thereby offsetting the increasing pressure from the United States.
The Vietnam Association of Seafood Exporters and Producers (VASEP) stated that the Chinese mainland and Hong Kong region, as well as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) member countries, are the main drivers of the growth in shrimp product exports.
Exports of Vietnamese shrimp products to China (including Hong Kong) amounted to $7.1 billion, a year-on-year increase of 78%, while exports to CPTPP member countries amounted to $6.99 billion, a year-on-year increase of 36%. As the largest market within the organization, exports to Japan increased by 15%.
Vietnamese shrimp exports to the United States fell by 29% in July, causing the growth rate for the first seven months to remain at only 3%. The main reason for this slowdown in growth is the additional 20% retaliatory tariff imposed by the United States on Vietnamese shrimp, which significantly weakened the competitiveness of Vietnamese shrimp products compared to similar products from Ecuador, Indonesia, and the Philippines.
Whiteleg shrimp is the main export category, with exports amounting to $1.6 billion, a year-on-year increase of 8%, accounting for 63% of the total exports.
VASEP predicts that the export value of Vietnamese shrimp products this year is expected to reach $3.6-3.8 billion.
The Vietnam Association of Seafood Exporters and Producers (VASEP) stated that the Chinese mainland and Hong Kong region, as well as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) member countries, are the main drivers of the growth in shrimp product exports.
Exports of Vietnamese shrimp products to China (including Hong Kong) amounted to $7.1 billion, a year-on-year increase of 78%, while exports to CPTPP member countries amounted to $6.99 billion, a year-on-year increase of 36%. As the largest market within the organization, exports to Japan increased by 15%.
Vietnamese shrimp exports to the United States fell by 29% in July, causing the growth rate for the first seven months to remain at only 3%. The main reason for this slowdown in growth is the additional 20% retaliatory tariff imposed by the United States on Vietnamese shrimp, which significantly weakened the competitiveness of Vietnamese shrimp products compared to similar products from Ecuador, Indonesia, and the Philippines.
Whiteleg shrimp is the main export category, with exports amounting to $1.6 billion, a year-on-year increase of 8%, accounting for 63% of the total exports.
VASEP predicts that the export value of Vietnamese shrimp products this year is expected to reach $3.6-3.8 billion.
Original content
This mainly relies on Vietnam's strategy to accelerate exports to Asian and European markets, thereby offsetting the increasing pressure from the United States. The Vietnam Association of Seafood Exporters and Producers (VASEP) stated that the Chinese mainland and Hong Kong region, as well as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) member countries, are the main drivers of the growth in shrimp product exports. Vietnam's exports of shrimp products to China (including Hong Kong) amounted to $7.1 billion, a year-on-year increase of 78%, while exports to CPTPP member countries amounted to $6.99 billion, a year-on-year increase of 36%. As the largest market within the organization, exports to Japan increased by 15%. Vietnam's exports of shrimp to the United States in July decreased by 29%, causing the growth rate of exports in the first seven months to remain at only 3%. The main reason for this slowdown in growth is the additional 20% ...
Source: Foodmate
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