Vietnam: Aiming at $11 billion of seafood exports in 2025

Vietnam: Aiming at $11 billion of seafood exports in 2025

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Despite facing challenges like increased competition, trade wars, and market barriers, Vietnam’s seafood exports are expected to continue growing, potentially reaching $11 billion in 2025, similar to 2022.

Vasep Communications Director Le Hang stated that while Vietnam's seafood exports are expected to grow and return to 2022 levels in 2025, the industry will face significant challenges. Despite this, Hang highlighted that key global markets, including the US, EU, Japan, and China, have shown recoveries in 2024 and will continue to drive high demand for seafood exports in 2025.

Looking ahead to 2025, while challenges remain—such as climate change, competition from other countries, and rising production costs—Vietnam’s seafood industry stands to benefit from growing global demand, especially in markets like the US, EU, China, and Japan.

Source: World Fishing


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