Vietnam’s seafood export has been increasing dramatically in recent years and now has become one of the country’s most important exports.
PRODUCTION OUTPUT
- Viet Nam has a coastline of 3,260 km that crosses 13 latitudes, from 8°23′N to 21°39′N;
- The continental shelf has a surface area of some 700,000 km, with an Exclusive Economic Zone (EEZ) of more than 1 million km2;
- Vietnam has over 4,000 islands and the coast has more than 400,000 hectares of mangrove stands;
- There are four main fishing areas: Gulf of Tonkin, shared with China; Central Vietnam (the Southern Mainland Shelf); Southeastern Vietnam (Northern Sunda Shelf and part of the Central Sunda Shelf); and Southwestern Vietnam (part of Gulf of Thailand), shared with Cambodia and Thailand.
- Total fisheries production in 2003 reached 2,536,361 MT, of which the marine catch was 1,426,223 MT and aquaculture and inland catches totaled 1,110,138 MT;
- It is estimated that only half of the area suitable for aquaculture in Vietnam is being used at present, and approximately 800,000 ha can be developed for use by this sector;
- Vietnam has 332 seafood processing plants, of which 70 percent are located in the southern region; 24 percent in the central region and 6 percent in the North;
- 100 plants have qualified for exporting to the EU. More than 200 are applying HACCP. Ho Chi Minh City alone has about 50 seafood companies:
- The main products include fish (tongue sole, mahi-mahi, anchovies, red snapper, Spanish mackerel, catfish and yellow-fin tuna), shrimps (black tiger and cat tiger), cephalopods such as octopus and squid, and mollusks.
EXPORT PERFORMANCE

Source: Vietnam General Statistical Office
Earnings from seafood export increased from US$ 285 million in 1991 to about US$ 621 million in 1995 and to over US$ 2.8 billion in 2005. Currently, seafood is the fourth largest export commodity in terms of value and accounts for about 9% of the country’s total export. It is forecasted that Vietnam’s seafood exports will reach around US$ 3.5 billion by the year 2010.
Major Markets: Vietnam’s seafood has been exported to around 75 countries with USA, Japan, China (included Hong Kong), Korea, Tai Wan and the EU being the biggest importers.
Seafood exports from Vietnam to the US reached $US 730.5 million in 2003, but dropped in the last two years to 565.6 million in 2004 and 627.2 million in 2005 mainly due to US anti-dumping taxes imposed on fish file and shrimp.

Source: US International Trade Commission










