Vietnam's seafood export revenue is expected to exceed US$10 billion by 2025

Vietnam's shrimp exports in 2024 saw a significant growth of 15% from the previous year, totaling $3.9 billion, despite global inflation and competition from other major producers. The country's fish exports also experienced a growth of 9% year-on-year, reaching $2 billion. Traditional markets like the United States, Brazil, Colombia, and CPTPP countries contributed to the export recovery. Seafood exports are projected to surpass $10 billion in 2025 and potentially reach the same peak of $11 billion set in 2022, even amidst challenges like IUU fishing.

Vietnam's shrimp exports reached $3.9 billion in 2024, up 15% year-on-year, successfully resisting global inflation and fierce competition from major producers such as India, Ecuador and Indonesia. Posa fish exports reached $2 billion, up 9% year-on-year. Traditional markets such as the United States, Brazil, Colombia and the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) countries played a key role in the export recovery. Despite the continued problems with IUU fishing, exports of tuna, crab, squid, octopus, ...