Topic: Seafood exports

Vietnam’s rice exports are expected to exceed 8 million tons in 2024, with the region accounting for approximately 7.6 million tons, or 95% of the total.

The US, China and EU remaining key export markets.

Tuna and crab exports experiencing breakthough growth.

Total value estimated at $750 million in the opening month of the year.

Exports of shrimp the largest contributor, with $3.45 billion.

Shrimp, tuna, and tra fish the key export items as revenue slips in the first eleven months.

Figures reveal that Vietnam’s seafood exports had fetched nearly $7.5 billion this year as of the end of October, down 20 per cent year-on-year.

Country’s market share has seen it fall from third place to sixth in recent times.

Vietnam earned just $1 billion from seafood exports to its northern neighbor in the first nine months of 2023, down 18 per cent year-on-year.

US remains Vietnam’s largest seafood importer as exports slip.