Last year, the seafood export industry surpassed the 10 billion USD mark, an annual increase of 12%, solidifying Vietnam’s position as the third-largest seafood exporter globally, following China and Norway.
However, the seafood sector is forecast to face significant challenges this year. These include resolving the EU’s "yellow card" warning against illegal, unreported and unregulated fishing, adapting to climate change, mitigating environmental pollution, and navigating market barriers.
Experts remain optimistic about export prospects for 2025 thanks to the availability of financial packages for the seafood and forestry sectors since 2023, which provide enterprises with an opportunity to plan production and exports for 2025.
Meanwhile, improvements in raw material availability and market expansion are likely to help the industry achieve this year’s 11 billion USD export target.
Europe, the US, and Japan remain Vietnam's top three seafood export markets./.
