Raw data from General Department of Vietnam Customs
Stable growth until 2022: Vietnam’s seafood exports saw steady growth from 2011 to 2022, peaking at a record $10.59 billion in 2022. However, export values slightly decreased in 2023.
Dominance of the U.S. and Japan markets: The U.S. and Japan continue to be the largest consumers of Vietnamese seafood, accounting for a significant share of total exports.
Vietnam’s seafood industry holds strong potential for continued growth due to:
Increasing demand for clean food: Developed countries such as the U.S., Japan, and Europe are seeing increasing demand for high-quality, food-safe seafood products.
Investment in sustainable aquaculture: Vietnam needs to continue investing in sustainable aquaculture practices to meet international standards and expand its export markets.