Seafood export turnover increases by over 12% in 2024

Seafood export turnover in 2024 is estimated to reach about 10.07 billion USD, reaching 106% of the plan (9.5 billion USD), up 12.1% compared to 2023 (8.98 billion USD).
Deputy Minister of Agriculture and Rural Development Phung Duc Tien said that the fisheries industry still has a lot of room for development.
Deputy Minister of Agriculture and Rural Development Phung Duc Tien said that the fisheries industry still has a lot of room for development.

This information was shared at the conference to review the 2024 work results and outline the 2025 plan held on January 3 in Hanoi. Deputy Minister of Agriculture and Rural Development Phung Duc Tien and Director of the Department of Fisheries Tran Dinh Luan co-chaired the Conference.

According to the Department of Fisheries report, by the end of December 2024, the total seafood production is expected to reach over 9.6 million tons, a 2% increase compared to 2023. This includes nearly 3.86 million tons of captured seafood and over 5.75 million tons of farmed seafood.

Aquaculture has developed steadily, achieving 101.3% of the planned target, and has increased by 4% compared to 2023. Seafood export value has reached 106% of the target, with a growth of 12.1% compared to the previous year.

The Director of the Department of Fisheries said that in 2024, the seafood export turnover is estimated to reach about 10.07 billion USD, reaching 106% of the plan (9.5 billion USD), an increase of 12.1% compared to 2023 (8.98 billion USD).

The Director of the Department of Fisheries said that in 2024, the seafood export turnover is estimated to reach about 10.07 billion USD, reaching 106% of the plan (9.5 billion USD), an increase of 12.1% compared to 2023 (8.98 billion USD).

Speaking at the Conference, the Director of the Department of Fisheries said that in 2024, the fisheries industry will continue to implement more specifically and strongly in "Transforming from production thinking to fisheries economic thinking, shifting from single-value growth to multi-value integrated growth".

The industry has focused on reorganising production, developing markets, building product brands, producing products with specific characteristics, and combining many fields and industries to form a chain of aquatic products to improve product quality.

According to the Department of Fisheries Director, reservoir aquaculture has achieved positive results. Some aquatic products, such as tilapia, which were previously difficult to export, are now being exported to several countries.

This may be a bright spot, but there is still much room for other aquaculture products, while export demand is still limited.

Therefore, in the coming time, the Department of Fisheries hopes that many potential aquaculture products, such as native oysters, eels, and frogs, will receive increased investment. Units will sit together to review from the beginning so that farming takes place systematically and avoids spontaneity, Director Tran Dinh Luan emphasised.

NDO