Frozen pangasius fillets are still the main product for Vietnam's pangasius exports. In May 2024, exports of this product reached 134 million USD, up 2% over the same period last year. By the end of May, Vietnam had exported nearly 603 million USD of frozen pangasius fillets to markets, down slightly by 0.1% over the same period last year.
Regarding consumption markets, China and Hong Kong are still consuming the most Vietnamese pangasius. Cumulative pangasius exports to this market in the first 5 months of this year reached nearly 203 million USD, down 13% over the same period. In particular, in May 2024 alone, pangasius export turnover to China reached nearly 48 million USD, an increase of 1%; exports to Hong Kong reached more than 2.3 million USD, down 16% compared to the same period in 2023. May 2024 was recorded as the month with the second-highest value of Vietnamese pangasius exports to China and Hong Kong since the beginning of the year with a value of nearly 50 million USD, a slight increase of 0.4% over the same period, up 21% over the previous month.
Pangasius exports to the US in May 2024 reached 30 million USD, down 7% over the same period last year. Cumulative pangasius exports in the first 5 months of this year to the US reached more than 132 million USD, up 12% over the same period in 2023.
Pangasius exports to the CPTPP market continued to maintain growth momentum in May 2024, with a value of nearly 13 million USD, an increase of 17% over the same period. Among them, a few markets recorded an increase in pangasius imports, including Mexico, Japan, Canada, Singapore, etc. By the end of May 2024, pangasius exports to CPTPP reached 103 million USD, an increase of 9% over the same period.
Similar to the US market, pangasius export turnover to the EU market witnessed a decrease of 16% in May 2024, with a value of 14 million USD. Cumulative exports in the first 5 months of the year to this market reached 70 million USD, down 9% over the same period last year. Although turnover decreased, many markets in the EU recorded an increase in imports of Vietnamese pangasius in May 2024, while in May 2023 there was almost no import, including Bulgaria (59 thousand USD), Hungary (40 thousand USD), and Czech Republic (53 thousand USD).
The US and EU tightening of seafood imports from Russia open up great opportunities for Vietnamese pangasius. Meanwhile, demand for pangasius in China is expected to improve as policies to support the country's economy "permeate.".
Vietnam's pangasius export prospects will remain positive in the second half of this year, especially in main markets such as the US, and China,...According to the global economic outlook report for April 2024, the Fund The International Monetary Fund (IMF) raised this year's growth forecast for the US to 2.7% and the EU to 0.8%.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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