Vietnam sets seafood export revenue target of US$9.5 billion in 2024

Published Jan 3, 2024

Tridge summary

Vietnam's Ministry of Fisheries has set an export revenue target of US$9.5 billion in 2024, with a total output of around 9.22 million tons, showing a decrease in wild catch by 8.3% and an increase in farmed production by 5%. They propose establishing a production chain, enhancing competitiveness, and promoting green production for sustainable development. This year's fishery production is approximately 9.269 million tons, with an expected annual export revenue of US$9.2 billion, largely coming from shrimp, pangasius, and tuna.

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Original content

According to news from SeafoodMedia on December 25, Vietnam’s Ministry of Fisheries has set an export revenue target of US$9.5 billion in 2024, with a total output of approximately 9.22 million tons. Compared with this year, wild catch next year is expected to decrease by 8.3% to 3.54 million tons, while farmed production will increase by 5% to 5.68 million tons. The Ministry of Fisheries of Vietnam proposed that establishing a production chain, enhancing competitiveness, and promoting green production are crucial to the sustainable development of fisheries. This year's fishery production is approximately 9.269 million tons, an increase of 2% from 2022, of which wild capture is 3.861 million tons and aquaculture production is 5.408 million tons. ...

Source: Foodmate