Shrimp exports to UK see upswing in January
VOV.VN - Vietnamese shrimp exports to the UK in January edged up by 8% year on year to reach more than US$16 million, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
At present, the UK ranks as the sixth largest single importer of Vietnamese shrimp, accounting for 5.5% of the country’s total shrimp export turnover. In particular, shrimp makes up 70% of Vietnam’s total seafood exports to the British market.
The major shrimp products to the UK include frozen peeled, tail-off whiteleg shrimp, frozen PD whiteleg shrimp, frozen steamed and boiled whiteleg shrimp, fresh and frozen whiteleg shrimp, and breaded whiteleg shrimp.
Despite shrimp exports to this market witnessing fluctuations over recent years, the UK remains an important export market for Vietnam thanks to preferential treatment in bilateral trade relations.
From 2018 to 2024, shrimp exports to Britain peaked in 2020 with turnover reaching more than US$243 million, before gradually declining and bottoming out in 2023.
Last year, shrimp exports showed signs of recovery with more than US$212 million, and the positive growth was maintained in January 2025.
Besides the UK – Vietnam Free Trade Agreement (UKVFTA), both countries are now members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), opening up a wealth of opportunities for their businesses to promote trade and investment activities.
Despite being the largest shrimp supplier to the UK, experts say, Vietnam faces tough competition in terms of price from rivals, including India and Ecuador.
To enjoy preferential tax rates, Vietnamese seafood products are required to meet stringent requirements relating to origin, sustainability, and social responsibility to make further inroads into the demanding market.
As British consumers have always prioritised high-quality products, Vietnamese enterprises have no choice but to meet standards on quality, design, and flavour while investing in improving production capacity, quality management, and mastering market regulations, in order to expand the market share.
China surpasses US to become Vietnam’s largest shrimp importer
VOV.VN - China exceeded the United States to become Vietnam’s biggest shrimp importer in 2024 with a total value of US$843 million, up 39% year on year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
