Vietnam's seafood exports increased by 8.5% year-on-year in the first nine months of 2024

In the third quarter, the export value of aquatic products rose by nearly 13% year-on-year to 2.76 billion USD, with notable increases in pangasius, shrimp, crab, and shelled molluscs. Over the first nine months, pangasius exports grew by 8% to 1.46 billion USD, and shrimp exports increased by 10.5% to nearly 2.8 billion USD. While squid and octopus exports slightly declined, tuna exports rose by 16% to 715 million USD. Crabs and deep-sea swimming crabs saw a 66% increase, mainly due to exports to China. VASEP forecasts the export value of aquatic products to reach 9.5 billion USD in 2024, with significant contributions from shrimp, pangasius, tuna, and squid and octopus.

In the third quarter, the export value of aquatic products reached 2.76 billion US dollars, an increase of nearly 13% year-on-year, of which pangasius increased by 13.5%, shrimp increased by 17.5%, crab and offshore swimming crab increased by 56%, and shelled molluscs increased by 95%. In the first nine months, the export value of pangasius reached 1.46 billion US dollars, an increase of 8% year-on-year. The export value of shrimp was relatively high, reaching nearly 2.8 billion US dollars, an increase of 10.5% year-on-year. Among them, the export of white shrimp increased slightly. In the first nine months, the export value of white shrimp reached nearly 2 billion US dollars, and the export value of tiger prawn reached 334 million US dollars. For squid and octopus products, in the third quarter, processed squid increased by 22% and increased by 13% in the first nine months. However, in the first nine months of this year, the export value of squid and octopus only reached 464 ...