How much shrimp does Vietnam produce and export?
Vietnam is the 3rd largest producer of shrimp: 1.4 million tonnes in 2024, 12% of the world's 11.9 million tonnes (FAO FishStat). It is the 4th largest exporter by value: $2.2 billion in 2024, 6.8% of world exports of crustaceans (HS 0306) (CEPII BACI). Its biggest customer is China, which takes 25% of its shrimp exports by value.
All about shrimp · All about Vietnam · Shrimp price history
Vietnam's shrimp production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 3 | 1.4 million tonnes | 12% | +6.5% a year | 2024 |
FAO Fisheries and Aquaculture statistics (FishStat), 2024. World total is the sum of reporting countries.
Share of world output over time
| 1990 | 2000 | 2010 | 2020 | 2024 |
|---|---|---|---|---|
| 2.5% | 4.6% | 7.1% | 11% | 12% |
Vietnam's shrimp exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 4 | $2.2 billion | 6.8% | 253,351 t | $8,514 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 0306 (Crustaceans, including shrimps and prawns).
Where Vietnam's shrimp goes
| Destination | Value | Share of Vietnam's exports |
|---|---|---|
| China | $546M | 25% |
| United States | $306M | 14% |
| Japan | $255M | 12% |
| South Korea | $211M | 9.8% |
| Australia | $159M | 7.4% |
Vietnam as a buyer of shrimp
Vietnam imported $534.2 million of crustaceans (HS 0306) in 2024, 1.7% of world imports, ranked #12. Of its $534.2 million of shrimp imports in 2024, 45% came from India and 8% from Australia, among 38 suppliers.
The shrimp price Vietnam sells into
The benchmark price, Mexico, US import price, No. 1 shell-on, was $8.6/kg in October 2023, down 25% over twelve months. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Shrimp price history.
Cite as: Commodity Origins, "Vietnam shrimp: production, exports and prices", https://commodityorigins.com/countries/VNM/shrimp/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.