In Vietnam, the fishery sector plays an important role in the national economy, accounting for about 4-5 percent of Gross Domestic Product (GDP) and about 9-10% of national export revenue.

More than 4 millions of people working in the fishery and the growth in production have attributed to the fish exports. Thanks to strongly increase in many years, Vietnam ranks among the top ten seafood suppliers and its seafood products are exported to 170 markets in the world.

Shrimp, pangasius, tuna, squid and octopus are main seafood products exported by the country. In which, shrimp exports create about US$ 3.5 – 4 billion, make up 46-50% of the total seafood sales of Vietnam. Earnings from pangasius reached at US$ 1.7 – 1.8 billion (25% of the total) and exports from Tuna and Cephalopods are US$ 450 – 550 million for each.

Exports to the U.S, Japan, EU, China and South Korea make up 75% of Vietnam’s seafood sales to the wolrd.

5 advantages for Vietnam seafood exports:  

(1)  High commitment and participation from Government, Industry and companies for food safety, environment  and social responsibility;

(2)  Able to supply the big volume and safe quality and stable seafood products;

(3)  Meet all the customers’ requirements, incl. the vertical linkage (integration) for each species sector;

(4)  Vietnam is one in few countries in the world which has the good and stable labor resource; 

(5)  Vietnam has Agreements / FTAs with many countries and territories and has advantages both in product quality and im-ex tax.  

Vietnamese seafood will be displayed at the global exhibition

( Seafood Expo Global – The Global Seafood Expo is one of the largest Seafood Trade Fairs in Europe and the World. The exhibition attracts more than 1,550 exhibitors from more than 76 countries around the world with the exhibition space of nearly 40,000 square meters. This year's fair will be held from April 25 to 27, 2023 in Barcelona, Spain.

This year, there are 38 Vietnamese seafood enterprises participating with VASEP at the Global Expo 2023. The number of participating enterprises has doubled compared to 2022. Major seafood products will be displayed at the fair including pangasius, shrimp. Seafood products are all present here with a diverse range of deep-processed products, extremely convenient "ready to eat" "ready to cook" products to meet rapidly changing consumption trends after the pandemic. The Global Expo 2023 with large participation of producers, importers, suppliers will be the most suitable place for Vietnamese enterprises to introduce products and their transition from raw materials to value-added products.

Chú thích ảnh

Attending international exhibitions is a valuable opportunity for Vietnamese seafood enterprises

Besides trading activities, searching for customers and introducing products at the booth, this year, VASEP will organize more demonstrations of dishes made from pangasius, shrimp, tuna, and other items under the theme “Healthy Convenience” with Vietnamese chefs living and working for many years in Spain.

In the first quarter of 2023, imports of seafood decreased significantly. In this context, attending international exhibitions is a valuable opportunity for seafood enterprises to update information about markets,  direct production and export strategy for the year 2023-2024. 

Chú thích ảnh

The slogan “Vietnam Seafood- Sustainable Destination” affirms the determination of the Vietnamese seafood industry to choose a sustainable development direction

With more than 20 years of attending this prestigious exhibition along with the position as the 3rd seafood supplier in the world, the Vietnamese pavilion will be very  exciting and attractive at the exhibition. The slogan “Vietnam Seafood- Sustainable Destination” affirms the determination of the Vietnamese seafood industry to choose a sustainable development direction.

Please visit the Vietnam Pavilion at Hall 4, booth 4B501-4B601-4C600 and enjoy seafood dishes from Vietnam.

Compiled by Thuy Linh 

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