In 1997, the country exported only 425 MT of pangasius with a total value of over US$1.65 million. Thus, pangasius exports just accounted for 0.2% of total seafood exports and were equal to 0.6% of total shrimp exports. However, in the first stage, pangasius export price was at the high of US$3.9 – US$4.1/kg. In particular, most exporters focused on the neighboring markets in the region such as China - Hong Kong, Singapore and Taiwan. Nearly 50% of pangasius output was exported to China - Hong Kong.
The next 5 years marked the stepping stone of the pangasius industry. According to a report from some Departments of Agricultural and Rural Development in the Mekong Delta, from 2000 onward, pangaisus farming in the Mekong Delta has started spectacularly with the formation of large concentration farms in An Giang , Dong Thap, Can Tho, Vinh Long ... with a total area of over 5 thousand ha. In 2001, the total output reached over 100 thousand MT; and in 2009 it reached over 1 million MT, earning an export turnover of US$1.4 billion. Thus, from the spontaneous raising of some small farming households and rudimentary production facilities, Vietnamese pangasius began to "grow" into an industrial production.
In 2002, exports marked the "spectacular" development with a sharp rise of 6,580% in the export volume and 5,253% in the export value compared with 1997; the number of markets also increased by three times. In the next four years, from the export volume of thousand MT of pangasius, it had increased to hundreds of thousands of MT of pangasius with the value up to hundreds of millions. However, the average export price of pangasius decreased from US$3.11 - US$3.15 to US$2.5 – US$2.75/kg. During this time, the pangasius export companies focused strongly on the U.S market. In 2001, the production of frozen fish fillets exported to the U.S market increased to nearly 21,000 MT, rising by more than 20 times from the export volume in 1998. The FOB prices ranged from US$1.2 to US$1.5 per pound or VND40,000 to VND50,000 per kilogram.
The 10 leading importing markets of Vietnam pangasius in the 10 years (1998-2007) |
||||||||||
No. |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
1 |
China |
U.S |
U.S |
U.S |
U.S |
U.S |
EU |
EU |
EU |
EU |
2 |
U.S |
China |
Japan |
Singapore |
China |
EU |
China |
ASEAN |
Russia |
ASEAN |
3 |
Singapore |
Singapore |
Singapore |
Hong Kong |
Singapore |
ASEAN |
U.S |
U.S |
U.S |
U.S |
4 |
Switzerland |
Switzerland |
Taiwan |
Germany |
Germany |
Australia |
Hong Kong |
Australia |
Hong Kong |
Mexico |
5 |
Belgium |
Germany |
Australia |
Canada |
Australia |
Canada |
ASEAN |
Mexico |
Australia |
Ukraine |
6 |
Australia |
Belgium |
Hong Kong |
Japan |
Belgium |
Mexico |
Australia |
Canada |
Mexico |
Australia |
7 |
Netherlands |
Japan |
Canada |
Netherlands |
Japan |
Japan |
Mexico |
Russia |
Canada |
China-HK |
8 |
Sweden |
Taiwan |
- |
Australia |
Canada |
Taiwan |
Canada |
Lithuania |
Ukraine |
UAE |
9 |
Japan |
Malaysia |
- |
Malaysia |
Switzerland |
South Korea |
Japan |
UAE |
UAE |
Canada |
10 |
Taiwan |
Netherlands |
- |
China |
Malaysia |
Dominica |
Russia |
Taiwan |
Lithuania |
Egypt |
Despite the technical and commercial barriers from markets, Vietnam’s pangasius exports continue to grow. In 2008, for the first time, the export turnover of Vietnam pangasius reached billions of dollars. In this year, Vietnam exported 640.8 thousand MT, worth by US$1.45 billion with the average export price of US$2.27/kg. During this period, Vietnam pangasius continuously faced the anti-dumping tariffs, catfish inspection program (in the U.S); and the media smear campaign in the EU which greatly affected the exports. The average price of pangasius decreased from US$2.75 to US$2.15 – US$2.25/kg. In the next 3 years, the export value of pangasius reached US$1.8 billion in 2011. This was the record exports of Vietnam pangasius in the past 20 years. From 2012 to now, the average export value of pangasius was lower than the peak in 2011 and reached from US$1.56 to US$1.78 billion. After the 20 years of exports, Vietnam pangasius has been growing steadily and gained international stature.
The 10 leading importing markets of Vietnam pangasius in the 10 years (2008-2018) |
|||||||||||
No |
2008 |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
3M/2018 |
1 |
EU |
EU |
EU |
EU |
EU |
EU |
EU |
U.S |
U.S |
China |
China |
2 |
Russia |
U.S |
U.S |
U.S |
U.S |
U.S |
U.S |
EU |
China |
U.S |
U.S |
3 |
Ukraine |
ASEAN |
Mexico |
ASEAN |
ASEAN |
ASEAN |
ASEAN |
China |
EU |
EU |
ASEAN |
4 |
U.S |
Russia |
Russia |
Mexico |
Mexico |
Brazil |
Brazil |
ASEAN |
ASEAN |
ASEAN |
EU |
5 |
Mexico |
Ukraine |
Egypt |
Brazil |
Brazil |
Mexico |
Mexico |
Mexico |
Mexico |
Brazil |
Mexico |
6 |
Egypt |
Egypt |
Australia |
Saudi Arabia |
China |
China |
China |
Brazil |
Brazil |
Mexico |
Brazil |
7 |
Australia |
Australia |
Saudi Arabia |
China |
Russia |
Colombia |
Colombia |
Saudi Arabia |
Colombia |
Colombia |
Colombia |
8 |
Saudi Arabia |
Saudi Arabia |
Brazil |
Australia |
Saudi Arabia |
Saudi Arabia |
Saudi Arabia |
Colombia |
Saudi Arabia |
Saudi Arabia |
Saudi Arabia |
9 |
UAE |
Canada |
Colombia |
Colombia |
Colombia |
Australia |
Egypt |
Canada |
Canada |
Canada |
UK |
10 |
Canada |
UAE |
Ukraine |
Russia |
Australia |
Russia |
Australia |
Egypt |
Australia |
Australia |
Australia |
According to Vietnam Customs, the export of value-added pangasius in the first eight months of 2024 has been evaluated as quite positive, with continuous growth in many major markets such as the United States, CPTPP, and the Netherlands...
(seafood.vasep.com.vn) The Department of Fisheries of Ca Mau province coordinated with the School of Fisheries under Can Tho University to organize training courses on high-tech shrimp farming for 120 people in processors, cooperatives and families that are raising intensive and super-intensive shrimp in the province.
(seafood.vasep.com.vn) Currently, Soc Trang province plans to expand its shrimp farming area from over 50,000 hectares to 57,000 hectares by 2025, aiming for a production of 233,800 tons and maintaining a $1 billion export value. The project will establish 45 climate-resilient shrimp farming models and ensure all farms meet aquaculture standards for traceability.
(seafood.vasep.com.vn) In July 2024, Vietnam's fish cake and surimi exports declined. The export value reached just over 24 million USD, down 3% over the same period. In the first 7 months of 2024, the cumulative export of this product group reached 152 million USD, down 13%.
(seafood.vasep.com.vn) Dong Thap is a key region for pangasius farming, boasting the largest production in the Mekong Delta. In the first seven months of 2024, the estimated aquaculture area reached 4,778 hectares, with a harvest yield of 307,336 tons. Of this, the intensive pangasius farming area covered 2,042 hectares, with a harvest of 252,670 tons.
(seafood.vasep.com.vn) According to Vietnam Customs, in the first half of August 2024, Vietnam's pangasius exports to the EU reached nearly 8 million USD, up 57% over the same period. Cumulative pangasius exports to this market as of August 15, 2024, reached 107 million USD, up 0.5% over the same period last year.
(seafood.vasep.com.vn) The Board of Directors of International Development & Investment Corporation (IDI) is confident of completing this year's profit plan in the context of gradually recovering demand for pangasius in China and Mexico.
(seafood.vasep.com.vn) Some farmers in Soc Trang province have successfully applied a balanced biological shrimp farming technique, which eliminates the use of chemicals to minimize environmental impacts. This is a model of farming that adapts to climate change.
8 finalists have been named in the best new seafood product competition to be awarded at Seafood Expo Asia, taking place 4 to 6 September at the Sands Expo and Convention Centre in Singapore.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn