On-the-Ground Updates

Vietnamese Seafood Exports Decreased by 3.2% YoY in Mar-24

Other Value Added Seafoods
Vietnam
Market & Price Trends
Nhu Nguyen
Published Apr 19, 2024
According to Vietnam Customs, Vietnam's seafood exports reached USD 742.05 million in Mar-24, a decrease of 3.2% year-over-year (YoY). In Q1-24, Vietnamese seafood exports reached USD 1.95 billion, an increase of 6.5% YoY. From Jan-24 to Mar-24, Vietnam's seafood exports showed positive growth in several key markets. Seafood exports to the United States (US) reached USD 323 thousand, marking a 14.3% YoY. Similarly, exports to China reached USD 271 thousand, showing a 14.4% YoY increase. Australia received USD 73 thousand worth of Vietnamese seafood, a rise of 14.3% YoY. Canada also saw an increase in Vietnamese seafood imports, reaching USD 50 thousand, representing a 47.8% YoY increase.
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