Tilapia exports are expected to reach US$130-150 million by 2020, according to the Viet Nam Directorate of Fisheries.
Export of the fish has seen strong growth in the past decade, rising to more than $32 million last year from $1.95 million in 2004, it said.
It has been exported in the form of frozen whole fish, skin-on fillet and skinless fillets to more than 60 countries, with the US, Spain, Colombia, the Netherlands, Belgium, Germany, Mexico, the UK, the Czech Republic, and Italy being the top importers.