In the first quarter, China, the US, and Japan emerged as the top importers of Vietnamese fishery products, with the US leading the growth at 16% to $330 million. China and Hong Kong's imports increased by 15%, with China being a significant importer of various seafood from Vietnam, notably lobster, following tighter import controls on Ecuadorian lobster. Japan's imports also grew, especially in white-legged shrimp, crab, and tra fish. While exports to the EU and the Republic of Korea had mixed results, tuna exports saw positive growth. The Vietnam Association of Seafood Exporters and Producers (VASEP) predicts a competitive shrimp industry in 2024 and expects fishery exports to gradually recover in the latter half of the year, aiming for total exports to hit $9.5-$10 billion.