Vietnam is a growing market for consumer-oriented and edible fish and seafood products. World exports of consumer-oriented products to Vietnam have continually accelerated over the past five years, rising from $7.6 billion in 2012 to $12.5 billion in 2016, up 5.4 percent over 2015. Likewise, global fish and seafood exports to Vietnam sharply increased from $2.5 billion in 2012 to $5.3 billion in 2016, up 22.2 percent over 2015.
Why the growth? Vietnam’s large population, strong and stable economic growth, growing middle class with higher disposable income, concerns about hygiene and food safety, and rapid development of the modern food retail sector are some of the major factors driving market demand for these products.
Want to learn more? Register for SUSTA's webinar featuring Gerald Smith and Megan Francic from the Office of Agricultural Affairs at the U.S. Consulate Ho Chi Minh City. Smith and Francic are experts on U.S. imports of food and agricultural products into Vietnam, and their office authored the Exporter Guide on Vietnam.
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