The value of Vietnamese seafood exports to Malta experienced significant fluctuations between 2013 and 2023, peaking at 14.94 thousand USD in 2017 before a notable decline. The trend later steadied, with a moderate Compound Annual Growth Rate (CAGR) of 7.71% over the last five years. By 2023, exports stood at 15.38 thousand USD, showing a 5.29% year-on-year increase. Over the medium term from 2024 to 2028, the forecasted CAGR is 3.67%, indicating a more stable growth trajectory with a cumulative growth rate of 19.75% expected by 2028.
Future trends to watch for:
- Diversification in seafood product offerings- Changes in EU trade regulations and tariffs- Impact of sustainable fishing practices and environmental policies- Global economic conditions influencing trade dynamics
