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.
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
(seafood.vasep.com.vn) In 2025, the fisheries sector continued to stand out as a bright spot in Ca Mau’s economic landscape, maintaining positive growth in both output and value.
(seafood.vasep.com.vn) By the end of November 2025, Vietnam’s total pangasius export turnover had exceeded the $2 billion threshold, registering a 9% compared with the same period in 2024. In November alone, pangasius exports reached $195 million, also posting a 9% increase year-on-year, underscoring a stable recovery trajectory for the sector in the final months of the year.
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(seafood.vasep.com.vn) An Giang is focusing on expanding climate-adaptive marine aquaculture models, aiming for safe and sustainable production. This approach not only enhances economic efficiency but also helps fishermen stabilize their livelihoods amid weather fluctuations.
(seafood.vasep.com.vn) In the first 10 months of 2025, Vietnam’s pangasius export value to China (including Mainland China and Hong Kong) reached $483 million, up 1% compared to the same period in 2024. October alone posted $73 million, a strong 19% increase year-on-year. The Chinese market currently accounts for nearly 27% of Vietnam’s total pangasius export value.
(seafood.vasep.com.vn) According to data from Vietnam Customs, the country’s lobster exports posted another strong month in October 2025, reaching $93 million - a 75% increase from the same month in 2024. This performance extends the sector’s impressive growth streak from earlier in the year, pushing cumulative exports for the first 10 months to $712 million, up an extraordinary 135% year-over-year. Within the product mix, green lobster remained the dominant driver, accounting for 98% of total export value, with $700 million recorded in the first 10 months - a 141% jump year-on-year. In contrast, exports of spiny lobster and other lobster varieties declined slightly by 22% and 1%, respectively, indicating that market demand is becoming increasingly concentrated on the most sought-after product line.
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