Vietnam's pangasius exports to Brazil surged to US$14 million in January 2024, marking an impressive 83% increase compared to January 2023. However, in February 2024, Brazil's pangasius consumption dipped slightly to nearly US$6 million, representing a 6% decline from the previous month. Nevertheless, March 2024 witnessed a strong rebound, with pangasius exports to Brazil reaching over US$8 million, indicating a 48% growth compared to the same period in 2023.
The majority of the frozen fillets and segments imported by Brazil under the HS code 0304 are Vietnamese pangasius. During the first quarter of 2024, the amount of this item sent to Brazil was close to USD 28 million, which represented 99.6% of the entire import value and a 44% rise over the same period in 2023. Remarkably, Brazil bought more than USD 110,000 worth of frozen pangasius products from Vietnam in the first three months of this year compared to very little imports of the same product during the same period last year.
In February 2024, the average export price of Vietnamese pangasius to Brazil reached USD 2.67 per kg, the lowest level in three years. Compared to the same period last year, the average export price of pangasius has decreased by 12%–14% in the first three months of this year.
The export volume of pangasius to this market has showed an opposite trend, despite the ongoing reduction in prices. Almost 7,000 tons of pangasius were sent to Brazil in the first quarter of 2024, a stunning 79% increase over the same period in 2023. With nearly 3,000 tons, January 2024 had the biggest growth rate in the first quarter—a 183% increase over the same period previous year. Pangasius export quantities to Brazil reached above 1,800 tons in February and 1,700 tons in March 2024, respectively. These figures represent increases of 23% and 46% over the corresponding month in 2023.
According to the latest data from ITC, in 2023, Brazil imported nearly USD 98 million worth of pangasius from Vietnam, primarily frozen fillets. Vietnam remains the largest supplier of white meat fish, mainly pangasius, to Brazil. Meanwhile, Norway stands at 4th place with USD 43 million; China ranks 5th with USD 15 million, the US with over USD 1 million, and is the 6th largest supplier of white meat fish to Brazil.
The top 5 Vietnamese pangasius exporters to Brazil in the first quarter of this year include: Hung Ca 2 Corporation with a 26%, South Vina CO.,LTD with 16%, Hoang Long with 11%, Cafish with 10%, and Frozen Food Vietnam with a 9% of total export value to the market.
(seafood.vasep.com.vn) Vietnam’s shrimp industry is entering a period of strong transformation with the emergence of various high-tech farming models, helping improve productivity and competitiveness. Over the past 5–10 years, farming practices have shifted from traditional methods to intensive and super-intensive systems, featuring lined ponds, environmental sensors, automated feeding, and data management.
(seafood.vasep.com.vn) With a focus on sustainable development, high-tech application, and climate change adaptation, An Giang Province aims to maintain its brackish water shrimp production in 2026 at a level equivalent to the previous year. Specifically, output is projected to reach over 155,510 tons, serving both domestic consumption and export processing, thereby sustaining the fisheries sector’s key role in the local economic structure.
(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).
(vasep.com.vn) Australia is emerging as one of the most stable and promising growth markets for Vietnamese shrimp. Amid global trade disruptions driven by geopolitical tensions—particularly conflicts in the Middle East—strengthening and expanding into stable markets like Australia has become increasingly important for Vietnam’s shrimp industry.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.
(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.
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