The global seafood market is experiencing unprecedented growth, driven by increasing health consciousness, protein demand, and sustainable consumption trends. According to FAO data, global seafood consumption reached 20.5 kg per capita in 2025, representing a 5.2% annual growth rate [1]. Southeast Asia, with its extensive coastline and established aquaculture infrastructure, remains one of the world's largest seafood exporting regions, contributing approximately 28% of global seafood exports [3].
However, the region faces intensifying competition from Latin America, particularly Ecuador and Chile, which have successfully positioned themselves as premium, sustainable seafood suppliers. Vietnam, Thailand, and Indonesia continue to dominate volume-based exports, but their average export prices remain significantly lower than competitors, indicating a persistent value gap [4].
Southeast Asia Seafood Export Volume vs. Value Comparison (2025)
| Country | Export Volume (MT) | Average Price ($/kg) | Primary Markets |
|---|---|---|---|
| Vietnam | 1.8M | 8.2 | US, EU, Japan |
| Thailand | 1.2M | 9.1 | US, EU, China |
| Indonesia | 0.9M | 7.8 | US, Japan, Middle East |
| Ecuador (Comparison) | 0.8M | 12.4 | US, EU, China |

