VASEP releases Seafood Export Report for the first nine months of 2024 and year-end forecast

News 10:06 01/11/2024 Lê Hằng
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.

Key products, including shrimp, pangasius, tuna, crab, and shellfish, all saw significant growth compared to 2023. This recovery not only highlights the seafood industry's development potential but also reflects the ongoing efforts of businesses and regulatory agencies to enhance product quality and expand export markets. However, challenges remain, including the EU's IUU inspections and the U.S. anti-subsidy tax on imported shrimp.

We are optimistic that overcoming these challenges will lead to continued positive growth in seafood exports during the fourth quarter, resulting in better overall performance for 2024 compared to 2023. This report not only details market developments but also offers forecasts and recommendations to optimize export strategies, enhancing the position of Vietnamese seafood in the global market.

To gain deeper insights into the current status of seafood production and exports, including key products like shrimp, pangasius, tuna, squid, octopus, crab, and shellfish, we invite businesses and readers to register for the Report on Vietnam Seafood Exports for the third quarter of 2024, released by VASEP at the end of October 2024.

For more information or to register for the report, please contact:

Ms. Nguyen Thu Trang Mobile: 0906 151 556 | 0868 093 697 Email: nguyentrang@vasep.com.vn

Or register online here

vasep report seafood report

TIN MỚI CẬP NHẬT

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 |  08:16 23/07/2026

(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.

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 |  09:34 21/07/2026

(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.

Tilapia Exports Surge but Begin to Slow in June

 |  14:45 20/07/2026

(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.

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 |  14:48 18/07/2026

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China has become the largest importer of Vietnamese seafood.

 |  12:47 17/07/2026

(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.

International Seafood Hosted Buyer Program at Vietfish 2026: Connecting Global Buyers with Vietnam's Value-Added Seafood Supply Hub

 |  17:35 16/07/2026

(seafood.vasep.com.vn) As part of Vietfish 2026, the International Seafood Hosted Buyer Program has been designed as a dedicated B2B matchmaking initiative for selected international buyers. The program provides opportunities to meet directly with Vietnamese seafood companies, gain market insights, and experience Vietnam's seafood supply chain firsthand.

Sustainable seafood solutions: ESG vision & net zero commitment at Vietfish 2026

 |  08:45 16/07/2026

(seafood.vasep.com.vn) A Story from Cà Mau’s Coast It’s 5 AM in Cà Mau. Minh, a third-generation fisherman, is ready to set sail. But unlike his father and grandfather, his boat no longer runs on an old diesel engine that burns fuel and clouds the sky with smoke. Instead, it’s powered by a hybrid engine that saves 40% fuel—funded by an ESG program from a major seafood exporter.

Pangasius industry shifts from volume growth to value creation

 |  10:21 14/07/2026

(seafood.vasep.com.vn) Vietnam's pangasius industry is shifting its focus from increasing production volume to enhancing value-added products in order to meet the increasingly stringent requirements of export markets. In An Giang Province—the country's leading hub for pangasius farming and processing—businesses and farmers are prioritizing product quality, traceability, food safety, and sustainable development rather than expanding output.

Vietnamese tuna maintains momentum in Sweden, but the market Is becoming more unpredictable

 |  08:55 12/07/2026

(seafood.vasep.com.vn) Following strong growth in 2025, Vietnam’s tuna exports to Sweden continued to edge higher during the first five months of 2026. However, the picture is far from straightforward. Orders have fluctuated significantly from month to month, indicating that this market remains cautious, with purchasing decisions closely tied to actual demand and the import cycles of Nordic distributors rather than to a steady upward trend.

China’s rising shrimp imports: Expanding opportunities amid intensifying competition

 |  08:56 10/07/2026

(seafood.vasep.com.vn) China’s shrimp imports in the first five months of 2026 continued to surpass the same period in 2025, indicating that demand in the world’s largest seafood-consuming market remains strong. However, behind the growth figures lies an increasingly competitive landscape: Ecuador dominates the competitively priced whiteleg shrimp segment, India remains the second-largest supplier, while Vietnam stands out in the lobster segment but still needs to strengthen its advantages through quality, traceability, and reliable supply.

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