Vietnam's seafood exports reach destination ahead of schedule

Published 2024년 12월 12일

Tridge summary

Vietnamese seafood exports, including fish and shrimp, are projected to grow by 10-20% in 2024, building on a steady increase in demand, particularly from China and the Middle East. This growth is expected to continue into 2025, bolstered by government trade promotion efforts and the implementation of free trade agreements. However, the industry faces challenges such as rising input costs, the impact of the epidemic on productivity, and international trade policies. To overcome these challenges and ensure sustainable growth, enterprises are encouraged to innovate, understand consumer trends, and diversify export markets. The exports of shrimp, tra fish, and tuna are expected to dominate, with crabs and mollusks showing significant growth.

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Original content

Back on track Mr. Tran Van Hung, Chairman of the Board of Directors of Hung Fish Co., Ltd., said that in 2024, the company's fish export output will increase by 10-20%. Specifically, in previous years, the company exported about 300 containers per month, and this year it exported about 360 containers per month. Especially in the last few months of this year, many markets require large quantities of fast delivery. "We are still preparing sources of raw materials to be ready to meet orders from international partners." Similarly, Mr. Tran Ing Kho, General Manager of Ing Kho Co., Ltd. in Ca Mau Province (specialized in exporting shrimp products), said that there is currently a large demand in the import market, especially in China and the Middle East. Many buyers in China sell directly to retail customers through e-commerce channels with high growth rates, so large quantities of goods are needed. They evaluate the quality of Vietnamese shrimp higher than that of Ecuador and India, so ...

Source: Foodmate