Aquaculture exports hoped to reach 9.5 billion USD in 2024

The fisheries industry has set a target to earn 9.5 billion USD from exporting aquaculture products in 2024, heard a conference in Hanoi on December 21.
Aquaculture exports hoped to reach 9.5 billion USD in 2024 ảnh 1Processing tra fish for export (Photo: VNA)
Hanoi (VNA) – The fisheries industry has set a targetto earn 9.5 billion USD from exporting aquaculture products in 2024, heard a conferencein Hanoi on December 21.

According to Tran Dinh Luan, General Director of the Department of Fisheries under the Ministryof Agriculture and Rural Development, the total aquaculture output is expected to reach approximately 9.22 million tonnes next year.

Apart from strengthening business connections with the seafoodvalue chain, addressing market challenges for key products, the sector ispersistently reducing fishing activities, increasing aquaculture, anddeveloping maritime economy in a sustainable direction in adaptation to climatechange and improving competitiveness for seafood products, Luan said.

Aquaculture exports hoped to reach 9.5 billion USD in 2024 ảnh 2Participants at the meeting (Photo: VNA)
According to Nhu Van Can, vice general director of the Departmentof Fisheries, the country’s total fishery output in 2023 was estimated to top 9.2 million tonnes, up 2% compared to 2022. Of the figure, the exploitationand aquaculture outputs hit 3.86 million tonnes and 5.4 million tonnes,respectively.

Meanwhile, this year's aquaculture export revenue was estimated at 9.2 billion USD, equivalent to 92% of the set target.

The shrimp sector is the largest contributor to the totalexport turnover with about 3.45 billion USD, followed by tra fish (1.9 billionUSD), mollusks (0.8 billion USD), and tuna (0.9 billion USD).

Duong Long Tri, vice secretary of the Vietnam Fisheries Association, stressed the need to increase aquaculture outputand reduce fishing one, and to have appropriate processing and processingsolutions to increase the value of key products, thus promoting exportturnover.

Regarding fisheries management, participants said it is necessary to perfect electronic logbook softwareserving traceability of fisheries sources, and strengthen inspection andsupervision of the implementation of regulations on fisheries management inlocalities.
Digitising data is a crucial foundation for transparently managingand operating the fisheries industry, they stressed./.
VNA

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