According to the Vietnam Association of Seafood Processing and Export (VASEP), in the first eight months of 2026, shrimp exports reached US$3.29 billion, an increase of 12.3% and accounting for approximately 41% of total seafood export turnover. China was the main driving force with US$1.13 billion, an increase of 37.6%.
This is seen as an important opportunity for businesses to capitalize on during the peak year-end period, especially since consumer demand in Asian markets typically increases before holidays and Tet (Lunar New Year). In addition, the need for importers to replenish their inventory after a period of cautious order placement could also provide further impetus for exports.
However, the US market is posing significant challenges for Vietnamese shrimp. Shrimp exports to this market have decreased quite sharply recently. The Article 301 tariff is at 12.5%, higher than the 10% of some competitors, creating a price disadvantage. Meanwhile, the final results of the anti-dumping duty review, expected to be announced at the end of September, will directly impact orders in the fourth quarter.