Vietnam’s seafood exports to China continue to thrive, with strong demand expected to persist in 2025. As one of Vietnam’s largest seafood markets, China represents a crucial destination for products such as shrimp, pangasius, tuna, and others. Let’s explore why this market is vital and how Vietnam is seizing new opportunities.

Pangasius has emerged as the leading force behind Vietnam’s seafood export success in the Middle East, accounting for a significant 40% of the region’s seafood export revenue in the first 11 months of 2024. Let’s take a closer look at this remarkable achievement and the factors driving growth in this promising market.

Vietnam’s shrimp exports to the EU have shown substantial growth, reaching over USD 422 million by November 2024—a 16% year-on-year increase. This steady demand for Vietnamese shrimp has been particularly notable since April, with Southern Europe emerging as the largest market.

The seafood industry in Vietnam has achieved remarkable milestones in 2024, with exports approaching an impressive USD 10 billion. The month of November alone saw exports valued at USD 924 million, representing a 17% year-on-year increase. However, as the industry prepares for 2025, it must navigate several significant challenges that threaten to disrupt its growth trajectory.

Vietnam is making waves in the U.S. canned tuna market, capturing more market share and cementing its position as a key player. Here's what you need to know about this exciting development:

Vietnam’s seafood industry has achieved impressive growth in 2024, solidifying its position as a global leader in aquaculture and seafood exports. Here’s a snapshot of the remarkable progress:

Vietnam’s seafood export sector maintained its robust momentum in November 2024, achieving exports worth $924 million, an impressive 17% increase compared to November 2023. This strong monthly performance pushed the total export turnover for the year to nearly $9.2 billion, a 11.5% year-on-year growth, bringing the country closer to its ambitious $10 billion export target.

Remarkable Growth Highlights a Positive Year for Vietnam’s Seafood Industry

In the first 11 months of 2024, Vietnam's pangasius exports achieved impressive results, with total revenue reaching 1.8 billion USD, representing a 10% increase compared to the same period in 2023. This demonstrates a steady recovery and growth for one of Vietnam's key seafood export products.

Vietnam’s shrimp industry is experiencing a surge in demand from Southern Europe while maintaining stable performance across other regions of the European Union (EU). By November 15, 2024, Vietnam’s shrimp exports to the EU had surpassed $422 million, marking a remarkable 16% growth compared to the same period last year.

In recent years, Vietnam's pangasius products have gained immense popularity in global markets, and Malaysia has emerged as a key destination for these products. As a member of the Association of Southeast Asian Nations (ASEAN) and one of the world's largest free trade areas, Malaysia has witnessed steady growth in pangasius imports, presenting a vast opportunity for Vietnam to expand its exports.