Vietnam’s annual shrimp exports to the United States have exceeded US$1 billion for the first time, with nearly 90,000 tons in 2021, up 20% year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). 

Vietnam earned nearly 4 billion USD from shrimp exports in 2021 to become the second largest shrimp exporter in the world. 

Vietnam’s shrimp exports to Australia surged 81% year-on-year to US$88.7 million in the first half of 2021, becoming the Oceania country’s biggest shrimp supplier.

Earnings from shrimp exports reached 3.85 billion USD last year, up 15 percent year-on-year despite difficulties caused by the COVID-19 pandemic.

Vietnam's shrimp industry expects to increase exports this year end because of a rise in demand, according to the Viet Nam Association Seafood Exporters and Producers (VASEP).

Viet Nam’s pushback of COVID-19 pandemic has helped shrimp exporters raise their competitiveness on the world market, being over other competitors...

Vietnam’s shrimp exportsin Q1 had export turnover of $660 million, a 2 percent increase compared with the same period last year, according to the General Department of Customs (GDC).

Fearing a slump amid the epidemic, Vietnamese farmers are hesitating to begin new shrimp hatchery crops.

Vietnam gained shrimp export growth to some key export markets in the first quarter of this year, especially Japan and the US, despite the COVID-19 pandemic.

Despite the complexities of COVID-19, shrimp exporters and processors still see a bright future ahead thanks to new markets, and boosting exports to traditional markets which have cut imports from China.

Provinces in the Mekong Delta, the country's largest shrimp producer, are increasing their shrimp output this year and focusing on developing sustainable shrimp farming models that bring high profits.

VASEP Secretary General Truong Dinh Hoe says that catfish exports to the EU bounced back in the first months of the year thanks to efforts by processors to improve the quality of products and settle media problems.

Although the DOC’s announcement of zero-percent antidumping tariffs on 31 Vietnamese shrimp exporters is just a preliminary decision, the transparency of Vietnamese businesses has been proven, an official has said.

As many as 31 shrimp exporters of Vietnam to the US have been exempted from anti-dumping tariffs, according to the Vietnam Association of Seafood Exporters and Producers (VASEP) on April 10.

High anti-dumping tariff and the US Seafood Import Monitoring Programme (SIMP) are now key barriers facing Vietnamese shrimp exporters. 

While many factors come into play, ensuring a stable supply of high-quality produce and diverse, value-added products will be crucial to meeting the shrimp export target of US$10 billion by 2025

VietNamNet Bridge - Vietnamese seafood exporters are scrambling to buy raw materials to compete with  Chinese businesses to fulfill export contracts.

VietNamNet Bridge - Seafood companies are experiencing tough days, but they are still spending big money to take over companies in the same field to prevent their situation from becoming even worse.

The Vietnam Association of Seafood Exporters and Producers (VASEP) has revised down its shrimp export forecast to US$2.9 billion for this year, over US$1 billion lower than last year.