Vietnam’s processed seafood production for December 2024 is projected to be 556,300 tons, with an estimated total of 6.22 million tons for the entire year, according to Vietnam’s General Office of Statistics. This reflects a year-on-year increase of 10.4 percent compared to 2023, demonstrating strong growth in the sector.
Vietnam’s processed seafood production is a key driver of the country’s economy, contributing significantly to export revenues and employment. The industry focuses on the processing of shrimp, pangasius (catfish), tuna, squid, and other seafood products, catering to both domestic and international markets. Vietnam is one of the largest seafood exporters globally, with its products reaching major markets such as the United States, the European Union, Japan, and China.
The sector is supported by a robust aquaculture industry, particularly in the Mekong Delta, which serves as a primary source for raw materials like shrimp and pangasius. Leading companies such as Minh Phu Seafood, Vinh Hoan, and Sao Ta Foods have invested heavily in modern processing technologies, meeting global standards for food safety, sustainability, and traceability.
Despite its success, the industry faces challenges such as fluctuating input costs, environmental concerns, and stricter regulations from export markets. Additionally, climate change and diseases affecting aquaculture pose risks to raw material supply. The Vietnamese government and private enterprises have been addressing these issues by promoting sustainable farming practices, expanding certification programs, and diversifying export markets.
With continued investments in technology and sustainability, Vietnam’s processed seafood production is expected to maintain its competitive edge, contributing to the country’s long-term economic growth and global trade standing.
See also: Seafood Processing in Vietnam