Key Market Indicators
Vietnam is set to become one of the top seafood exporters in the world, with exports expected to reach $7.2 billion by 2026. This is an average year-on-year growth rate of 1.9% since 2005. In 2021, Vietnam was ranked fourth in exports with $6.3 billion, overtaken by India. Norway, India and Vietnam were the top three countries in this ranking. Vietnam is also expecting a growth in imports of seafood, reaching $2 billion by 2026. This is an average year-on-year growth rate of 3.4% since 2005. In 2021, Vietnam was ranked eighteenth in imports with $1.6 billion, overtaken by Belgium. Japan, China and Spain held the top three spots in this ranking.