Vietnam’s seafood exports fell 6.23 percent in September over August from US$983.2 million to US$921.9 million. Vietnam’s seafood exports for the year now stand at US$7.23 billion which represents an increase of 9.5 percent over the same period last year.
Of note:
- China saw a 9.59 percent increase in seafood exports for September, reaching US$197.32 million, with year-to-date exports totaling US$1.21 billion.
- In contrast, exports to the USA dropped by 13.77 percent, amounting to US$171.41 million for the month, and year-to-date exports reached US$1.33 billion.
- Japan’s exports fell by 3.24 percent to US$133.52 million in September, with YTD exports at US$1.11 billion.
- South Korea experienced a significant 22.38 percent decline, with exports totaling US$58.19 million in September, and YTD exports reaching US$568.78 million.
- Australia showed growth with a 9.34 percent increase, bringing exports to US$33.34 million in September and US$248.61 million for the year.
- The UK saw a decrease of 15.48 percent, with US$30.39 million in September and YTD exports of US$238.76 million.
See also: Vietnam Seafood Processing: Industry Overview 2024
Vietnam’s seafood exports by country, value, September 2024
September | August | Change | YTD | |
Total | 921,928,655 | 983,162,044 | -6.23% | 7,228,922,527 |
China | 197,322,981 | 180,047,918 | 9.59% | 1,211,789,352 |
USA | 171,405,510 | 198,768,131 | -13.77% | 1,334,735,573 |
Japan | 133,518,384 | 137,992,470 | -3.24% | 1,111,147,553 |
South Korea | 58,189,344 | 74,965,742 | -22.38% | 568,778,356 |
Australia | 33,338,515 | 30,491,199 | 9.34% | 248,606,234 |
UK | 30,393,954 | 35,959,001 | -15.48% | 238,760,791 |
Canada | 26,680,576 | 31,454,621 | -15.18% | 201,487,313 |
Thailand | 26,097,158 | 21,103,767 | 23.66% | 175,762,839 |
Russia | 22,645,354 | 24,924,105 | -9.14% | 164,504,589 |
Germany | 15,452,427 | 20,947,195 | -26.23% | 146,211,015 |
Other | 206,884,452 | 226,507,895 | -8.66% | 1,827,138,912 |
Source: Vietnam Exports Tracker