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) On July 9, 2026, the Embassy of Vietnam in Brazil organized the seminar titled “Sharing Information on Vietnam-Brazil Economic, Trade and Investment Relations in the First Half of 2026” to provide updates on bilateral cooperation and strengthen connections among government agencies, industry associations, and business communities of the two countries.
(seafood.vasep.com.vn) Seafood exports in the first 6 months of the year continued to be a bright spot with a total turnover of 5.7 billion USD, an increase of 11.4% compared to the same period last year. By commodity group, seafood is one of the three groups with a trade balance in the first 6 months of 2026 in a surplus state with 4.13 billion USD, an increase of 17%.
(seafood.vasep.com.vn) For many years, Vietnam’s seafood industry has been recognized as one of the country’s key export pillars. Products such as shrimp, pangasius, tuna, squid, octopus, and a wide range of other seafood have reached hundreds of markets worldwide. Yet behind these impressive export figures lies a significant challenge: a substantial share of Vietnam’s seafood export value still comes from minimally processed products, contract manufacturing, and raw material exports—segments characterized by low profit margins and high vulnerability to fluctuations in global prices.
(seafood.vasep.com.vn) In the context of a global economy shifting powerfully toward green and sustainable values, Vietfish 2026 is far more than just a commercial trade fair. It has become a strategic rendezvous and a "comprehensive ecosystem"—a convergence of value, knowledge, and sustainable growth opportunities for the entire industry chain.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to Colombia continued their strong upward momentum in May 2026. Export value to the market reached USD 4 million, up 24% compared to the same month in 2025. Cumulative exports in the first five months of 2026 totaled USD 24 million, an impressive 48% increase year-on-year.
(seafood.vasep.com.vn) Hai Phong's aquaculture sector is accelerating the adoption of high technologies in aquaculture to adapt to climate change, with red tilapia and tilapia identified as the key cultured species for priority development.
(vasep.com.vn) Vietnam’s seafood exports reached nearly US$1.1 billion in June 2026, up 21.0% year-on-year. Cumulative exports in the first half of 2026 totaled nearly US$5.8 billion, representing a 12.8% increase compared with the same period last year. Exports to China and Hong Kong continued to accelerate, while shipments to the United States rebounded strongly in June. In contrast, exports to the EU, Japan, and the Middle East remained sluggish or recorded slight declines.
(vasep.com.vn) Tilapia is playing an increasingly important role in Vietnam’s aquaculture sector, driven not only by growing market opportunities but also by its ability to meet increasingly stringent requirements on quality, food safety, and traceability. In practice, tilapia farming in Vietnam is not a spontaneous or loosely regulated activity; rather, it operates under a comprehensive legal and technical framework covering the entire value chain—from hatcheries and farming to processing and exports.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 1.9 billion in the first five months of 2026, up 12% compared with the same period last year. Amid continued volatility in the global seafood market, this result demonstrates that the shrimp sector has maintained positive growth momentum, supported by improving demand in several Asian markets, particularly China.
(seafood.vasep.com.vn) On June 16, the Department of Agriculture and Environment of Ca Mau Province announced that the locality has established a farming area code for nearly 30,400 hectares of mud crab aquaculture and granted export facility codes to five enterprises eligible to export mud crab officially to markets such as China, Cambodia, Singapore, and the United Arab Emirates (UAE).
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