Vietnam’s seafood exports will increase by around 15% in the second half of 2024, compared to the same period of last year, according to the latest forecast from the Vietnam Association of Seafood Exporters and Producers (VASEP), with the body explaining that the country’s aquaculture and fisheries sectors are striving to increase production to meet both domestic consumption and export demands.

 

According to the General Statistics Office, Vietnam’s total fisheries production in July 2024 was estimated at 841,100 tonnes, a 2.2% increase compared to the same period last year. Of this, fish production was estimated at 588,000 tonnes – up 2%; shrimp at 139,200 tonnes – some 3.2% more; and other aquatic species at 113,900 tonnes – a rise of 1.9%.

For the same month, aquaculture production was estimated at 490,700 tonnes, a 3.4% increase year-on-year. This comprised 307,900 tonnes of fish (+3.2%) and 127,700 tonnes of shrimp (+3.5%). 

July’s whiteleg shrimp production was estimated at 93,100 tonnes, up 4.1% year-on-year; and black tiger shrimp production was estimated at 29,100 tonnes, a rise of 2.4%.

The month’s pangasius harvest was estimated at 139,000 tonnes, a 4.5% increase year-on-year, due to the stable high price of raw pangasius and the recovery of pangasius exports. Leading farmers and enterprises have adjusted their production to meet export demand, advised VASEP.

Capture fisheries production was estimated at 350,400 tonnes, a 0.6% increase year-on-year. Of this, wild-caught fish reached 280,100 tonnes (+0.7%); shrimp 11,500 tonnes (similar to the same period last year); and other seafood reached 58,800 tonnes (+0.2%). Marine capture production was estimated at 336,200 tonnes, a 0.7% increase year-on-year.

In the first seven months of 2024, Vietnam’s seafood production was estimated at 5,225,800 tonnes, a 2.6% increase year-on-year. This included 3,760,200 tonnes of fish (+2.5%); 699,000 tonnes of shrimp (+3.9%); and other seafood at 766,600 tonnes (+2.1%).