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US market

(seafood.vasep.com.vn) Amid market and international policy fluctuations, Vietnamese shrimp exporters need to proactively restructure their export strategies. Diversifying markets, reducing dependence on the US, and taking advantage of trade agreements such as EVFTA and CPTPP are necessary directions.

(seafood.vasep.com.vn) Vietnam’s pangasius export sector is showing resilience in April 2025, with signs of growth despite looming trade tensions with the United States. However, challenges remain on the horizon, particularly in light of the steep retaliatory tariffs announced by the Trump administration.

(seafood.vasep.com.vn) In March 2025, Vietnam’s pangasius exports to the U.S. reached USD 29 million, down 4% year-on-year. However, total pangasius exports to the U.S. in Q1/2025 amounted to nearly USD 69 million, marking a 6% increase compared to the same period last year. Notably, March recorded the highest export value since the beginning of the year.

(seafood.vasep.com.vn) Vietnamese pangasius exports in September 2024 reached $172 million, a 3% increase compared to September 2023. The total value of pangasius exports by the end of the third quarter of 2024 was $1.5 billion, marking an 8% year-on-year increase.

(seafood.vasep.com.vn) NAVICO will enter the real estate segment and start exporting pangasius products to the US market, which is expected to bring in great revenue and profit for the company.

The Minh Phu Seafood Joint Stock Company announced on February 17 that US Customs and Border Protection (CBP) has cancelled a decision issued on October 13, 2020 on the imposition of anti-dumping tariffs on the company’s frozen shrimp products exported to the US.