Commodity Origins

How much fishmeal does Vietnam produce and export?

Vietnam is the 4th largest producer of fishmeal: 328,000 tonnes in 2024, 5.7% of the world's 5.7 million tonnes (FAO FishStat). It is the nullth largest exporter by value: $300.8 million in 2024, 3.2% of world exports of fish and meat meal (HS 2301) (CEPII BACI).

All about fishmeal · All about Vietnam · Fishmeal price history

Vietnam's fishmeal production

Vietnam fishmeal production, 2024
World rankProduction (tonnes)Share of worldTen-year growthYear
4328,000 tonnes5.7%+7.3% a year2024

FAO Fisheries and Aquaculture statistics (FishStat), 2024. World total is the sum of reporting countries.

Vietnam fishmeal production monthly prices, tonnes, Jan 1981 to Jan 2024Line chart of vietnam fishmeal production monthly prices in tonnes from Jan 1981 to Jan 2024: Vietnam fishmeal production from 5,997 to 328,000, peaking at 379,000.0100,000200,000300,000400,00019851990199520002005201020152020tonnes
Vietnam fishmeal production

Share of world output over time

Vietnam's share of world fishmeal production in selected years
19902000201020202024
<0.1%0.4%1.6%6.7%5.7%

Average annual share by decade: 1980s 0.1%, 1990s 0.3%, 2000s 0.7%, 2010s 3.9%, 2020s 6.4%. See the concentration-over-time report.

Vietnam's fishmeal exports

Vietnam exports of Flours, meals and pellets of meat or fish, unfit for human consumption, 2024
World rankExport valueShare of world exportsQuantity (tonnes)Average value per tonneYear
$300.8 million3.2%259,822 t$1,1582024

CEPII BACI international trade database (HS22, V202601), HS 2301 (Flours, meals and pellets of meat or fish, unfit for human consumption).

Vietnam as a buyer of fishmeal

Vietnam imported $567.4 million of fish and meat meal (HS 2301) in 2024, 6% of world imports, ranked #2. Of its $567.4 million of fishmeal imports in 2024, 36% came from the United States and 10% from Australia, among 34 suppliers. Largest sources: United States (36%), Australia (9.8%), India (7.1%), Brazil (6.8%), South Korea (5.5%).

Import dependency · Supplier shifts

The fishmeal price Vietnam sells into

The benchmark price, Any origin, 64-65% protein, CIF Hamburg, was $2,916/t in September 2026, up 65% over twelve months. Its five-year volatility is 13% a year, calmer in 32% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Fishmeal price history.

Cite as: Commodity Origins, "Vietnam fishmeal: production, exports and prices", https://commodityorigins.com/countries/VNM/fishmeal/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.