By the end of August 2024, the export of frozen whole butterfly-cut pangasius with HS code 03032400 to markets reached more than 168 million USD, accounting for 13% of the total export of pangasius from Vietnam. In particular, August 2024 was recorded as the month when this product reached the highest export value, with more than 29 million USD. Vietnam exported frozen whole butterfly-cut pangasius to 73 markets worldwide.
China continues to be the largest consumer market for frozen butterfly fin pangasius from Vietnam. In the first eight months of this year, exports of this product to China reached more than 93 million USD, accounting for 55% of the total value of Vietnam's exports of frozen butterfly fin whole pangasius to the market. Localities in China that import many frozen whole pangasius products from Vietnam include Guangdong, Shandong, Shanghai, Zhejiang, Hunan, and Anhui...
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Top Enterprises Exporting Whole Butterfly-Sliced Pangasius to China, January-August 2024 |
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No |
Enterprises |
Proportion |
|
1 |
TG FISHERY HOLDINGS CORPORATION |
28% |
|
2 |
NAM VIET CORPORATION |
19% |
|
3 |
HOANG LONG SEAFOOD PROCESSING COMPANY LIMITED |
11% |
|
4 |
VINH HOAN CORP |
8% |
|
5 |
CADOVIMEX II |
5% |
There are 46 enterprises participating in exporting frozen whole butterfly-finned pangasius to China. Of which, Truong Giang Seafood Joint Stock Company exports many products (HS code 03032400) to China, using 28% of the proportion and reaching a value of nearly 26 million USD. After Truong Giang, Nam Viet, Hoang Long, Vinh Hoan, and Cadovimex II are the suppliers of whole butterfly-finned pangasius to China.
China mainly imports frozen pangasius fillets. However, from the second half of 2023, this market had gradually become more interested in other pangasius products from Vietnam. In 2018, frozen butterfly pangasius exports only accounted for about 15% of total pangasius exports to China, and this proportion is expected to increase to 25% in 2022.
Colombia is the second largest consumer market for frozen whole butterfly-cut pangasius from Vietnam, with an export value of 13 million USD in the first 8 months of this year, accounting for 8% of the total export value of this product to the market. Vietnam has 12 enterprises exporting frozen whole butterfly-cut pangasius to Colombia. Vinh Tien is the leading supplier of the best products to Colombia, with nearly 8 million USD, accounting for 59%. Nam Viet Joint Stock Company, Phat Tien Seafood Company Limited, Ben Tre Seafood Import-Export Joint Stock Company, and Vietnam Global Textile Company Limited are behind Vinh Tien as the top enterprises exporting frozen whole butterfly-cut pangasius to Colombia, with time rates of 27%, 7%, 3%, and 1%.
In addition to China and Colombia, consumers in the US, Singapore, Saudi Arabia, Mexico, Iraq, Canada, Russia, the UK, and Uzbekistan also import frozen whole pangasius from Vietnam. These markets all account for 2% of Vietnam's total export value.
Vietnamese pangasius products, such as whole pangasius with fins, are increasingly favored by international markets. Searching for and expanding customer bases and promoting communication for other potential Pangasius products to maximize advantages will be a proactive direction for businesses in the future.
(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.
(vasep.com.vn) Vietnam’s tuna exports sustained their upward trajectory in August 2026, though the pace remained modest at just 2%. The month saw divergent trends across key markets: the US maintained its leading position, Japan and Canada improved, Russia surged and the EU continued to experience a steep downturn. These developments suggest that exporters are entering the final months of the year amid a market environment marked by greater uncertainty.
(seafood.vasep.com.vn) Congalsa has acquired the entire charter capital of Lenger Seafood Vietnam, giving it full ownership of the business and its Nam Dinh processing facility.
(seafood.vasep.com.vn) Ninh Binh Province is entering a peak period of action against illegal, unreported and unregulated (IUU) fishing, focusing on thoroughly addressing violations, closely monitoring fishing vessels at ports and preventing vessels from violating regulations and operating illegally in foreign waters ahead of the European Commission’s (EC) upcoming inspection in 2026.
(vasep.com.vn) The application of biotechnology in seed production is increasingly viewed as a strategic imperative to upgrade pangasius fingerling quality, optimize farming efficiency and anchor sustainable industry development.
(vasep.com.vn) On September 15, 2026, in Can Tho, VASEP and ASC jointly organized a training course titled “New ASC standards: updates and practical implementation guidance for farms, businesses and aquafeed mills”. Beyond briefing stakeholders on updated ASC requirements for aquaculture facilities and feed production, the workshop dedicated substantial floor time to directly addressing on-the-ground compliance bottlenecks encountered by Vietnamese enterprises.
(searfood.vasep.com.vn) Vietnam’s tilapia exports continued to post positive results in the first eight months of 2026, with total export value reaching US$90 million, up 43% year-on-year. However, exports in August alone stood at US$11 million, down 8%, reflecting uneven market developments. Brazil remained the leading market, while Japan recorded notable growth, opening up new opportunities for Vietnamese tilapia products.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.3 billion in the first eight months of 2026, up 12% year on year. However, growth has begun to slow and become more differentiated across markets, while the U.S. and EU continue to present significant challenges. The latest insights from the Global Shrimp Forum 2026 (GSF 2026), held in early September, also indicate that the final months of the year will remain highly competitive as global supply continues to expand and buyers increasingly focus on quality, product specifications, supply stability and the ability to meet market-specific demand.
(seafood.vasep.com.vn) In August 2026, Vietnam’s seafood exports reached $1.14 billion, up 6% year on year. Cumulative eight-month exports rose 11.8% to $8.00 billion, though momentum has cooled compared to the 12.8% growth seen through July. China - Hong Kong and ASEAN are offsetting weakness in the U.S, EU and partly Japan. This divergence will likely widen in Q4 as trade tariffs and traceability requirements directly weigh on new orders.
(seafood.vasep.com.vn) Vietnam–Russia relations are entering a new phase of cooperation, with a focus on expanding trade, investment and economic connectivity. Against this backdrop, tuna is emerging as one of the seafood products with significant growth potential in the Russian market. Export data for the first seven months of 2026 show strong growth in Vietnamese tuna exports to Russia. However, turning this momentum into sustainable market share will require businesses to address challenges related to logistics, payment and supply competition.
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