Vietnam’s Seafood Sector: A Record-Breaking Year in 2024

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Vietnam’s Seafood Sector: A Record-Breaking Year in 2024

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:

Aquaculture Production Soars

Total Production: Up by 3.9%, reaching nearly 5.2 million tons.

  • Fish Production: Increased by 3.8%.
  • Shrimp Production: Jumped by 5.3%, driven by:
  • Pangasius: Up 4.7%.
  • Black Tiger Shrimp: Up 2.9%.
  • Whiteleg Shrimp: Up 6.1%.

Fishing Industry Gains Momentum

Fishing Production: Rose by 0.8%, with marine fishing up by 0.6%, supported by favorable weather and lower fuel costs.

Export Growth Hits New Highs

  • Export Value: Reached $9.2 billion in the first 11 months, an impressive 11.8% year-on-year increase.

Strengthening Vietnam’s Trade Surplus

  • Seafood’s Contribution: A $6.88 billion surplus, up 17.5%.
  • Shrimp: Surplus hit $3.19 billion, up 20.5%.
  • Pangasius: Surplus reached $1.72 billion, up 10.1%.

 The overall agricultural, forestry, and fishery trade surplus rose by 52.8%, reaching $16.46 billion.

What’s Driving the Growth?

✅ Favorable weather conditions.
✅ Reduced fuel costs boosting fishing operations.
✅ Consistent demand for high-quality Vietnamese seafood on the global stage.

Stay Ahead with Vietnam’s Seafood Industry

At VN Seafoods Co., Ltd., we’re proud to be part of this success story. Let’s work together to bring the best of Vietnam’s seafood to the world. Contact us today to explore premium-quality products and unbeatable partnership opportunities!

VN Seafoods Co., Ltd. – Leading the Wave of Growth in Vietnam’s Seafood Industry!

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