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...
|
Top Enterprises Exporting Whole Butterfly-Sliced Pangasius to China, January-August 2024 |
||
|
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) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.
(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.
(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.
(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.
(seafood.vasep.com.vn) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn