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) – 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.
Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.
(seafood.vasep.com.vn) As geopolitical tensions in the Middle East continue to escalate, the global food market is facing increasing volatility in logistics costs, energy prices, and supply chains. In the seafood sector, alongside ocean-caught products such as tuna, the surimi-based product group—including fish cakes, crab sticks, fish balls, and other imitation seafood products—has also been affected to some extent by these developments.
(seafood.vasep.com.vn) According to the 2026 brackish-water shrimp farming calendar issued by the Da Nang Department of Agriculture and Environment, the 2026 crop started in early January and is expected to harvest in late June. However, stocking progress has been slower than planned as farmers remain cautious, focusing on pond renovation and production preparations.
(seafood.vasep.com.vn) After the Lunar New Year of Binh Ngo 2026, commercial clam prices in Ha Tinh province surged sharply, nearly doubling compared to normal levels and standing about 20–30% higher than the same period last year. The spike has encouraged many aquaculture households to accelerate harvesting and sell large volumes to the market.
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