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Vietnam’s fishery products exports decline by 4.97 percent in December

Vietnam’s exports of fishery products decreased by 4.97 percent in December compared to November, reaching US$872.07 million, according to data from Vietnam’s General Department of Customs.

Vietnam’s exports of fishery products total US$10.04 billion for 2024, reflecting a strong performance despite the month-on-month decline.

The decrease in exports was driven by a reduction in shipments to China, which saw a 7.08 percent decline, amounting to US$155.56 million. Exports to Japan and South Korea also showed a decline of 18.45 percent and 9.67 percent, respectively. Exports to Thailand and the Philippines also decreased by 19.45 percent and 25.11 percent, respectively.

However, some markets showed positive growth. Exports to Australia, the UK, Germany, and Mexico increased by 7.29 percent, 7.95 percent, 19.78 percent, and 31.02 percent, respectively.

See also: Seafood Processing in Vietnam

Vietnam fishery products exports, December 2024, US$

DecemberNovemberMoM2024
Total872,071,760917,686,926-4.97%10,040,016,233
Other101,098,040105,167,557-3.87%1,208,701,417
China155,557,326167,409,080-7.08%1,729,512,619
USA150,482,494151,860,572-0.91%1,832,900,465
Japan120,862,813148,215,324-18.45%1,532,249,518
South Korea74,953,17882,981,401-9.67%806,663,307
Australia33,420,47431,148,8727.29%343,138,835
Canada24,599,15526,187,141-6.06%278,314,665
Thailand23,676,20429,392,760-19.45%258,591,641
UK22,878,86921,193,5437.95%311,416,025
Russia22,491,54621,499,4504.61%231,401,784
Germany19,340,96316,147,27419.78%202,346,075
Taiwan18,399,19915,833,04616.21%168,043,191
Netherlands16,366,28715,262,5427.23%198,120,274
Hong Kong16,007,05213,920,79314.99%154,641,803
Brazil12,005,88713,488,193-10.99%129,134,396
Belgium11,007,25211,000,6760.06%140,887,309
Singapore10,841,7509,299,02516.59%94,832,093
Mexico10,503,0618,016,38731.02%105,476,350
Philippines9,834,81813,132,308-25.11%108,208,592
Malaysia9,725,35110,081,659-3.53%112,536,381
Italy8,020,0416,449,32324.35%92,899,493

See also: How to Start an Export Business in Vietnam.

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