In terms of consumption markets, after five months of positive growth, pangasius exports to China declined by 16% in September 2024 compared to the same period in 2023, with an export value of $48 million. This marks the third month this year in which imports of Vietnamese pangasius have decreased in this market. By the end of September, pangasius exports to China totaled $418 million, down 4% year-on-year.
Pangasius exports to the U.S. continued to show positive results in the last month of the third quarter of 2024, reaching over $30 million, a 32% increase compared to September 2023. In the first nine months of this year, pangasius exports to the U.S. totaled $256 million, a 24% year-on-year increase. The U.S. remains the second-largest consumer of Vietnamese pangasius, after China. According to the International Trade Center (ITC), Vietnam continues to be the largest supplier of pangasius products to the U.S. during this period.
Lower finished pangasius inventories in the U.S. compared to 2023 and 2022 are encouraging retailers to replenish their stocks for the year-end holiday season. Additionally, declining inflation in the U.S. is boosting consumer demand.
In September 2024, Thailand emerged as the third-largest importer of Vietnamese pangasius. Exports to the "Land of Smiles" in the last month of the third quarter reached $5.8 million, down 21% compared to the same period last year. By the end of September 2024, pangasius exports to Thailand totaled $46 million, an increase of 6% compared to the same period in 2023.
Pangasius exports to the EU experienced a slight decrease of 1% in the first nine months of this year, with a value of $128 million. In September 2024 alone, exports to this market reached $14 million, down 2% compared to September 2023. The Netherlands remains the leading market in the EU for Vietnamese pangasius consumption, with exports to the Netherlands in the first nine months of this year totaling $36 million, an increase of 2% compared to the same period last year.
Regarding export products, frozen pangasius fillets continued to be the main product of Vietnamese pangasius exports. The export value of this product to various markets in the first nine months of this year increased by 5%, reaching $1.2 billion. By the end of September 2024, exports of processed pangasius continued to grow by 45%, reaching $32 million. Exports of dried pangasius and other frozen products (whole, cut pieces, etc.) reached $273 million, an increase of 23% compared to the same period last year.
Vietnamese pangasius exports ended the first nine months with positive results, as markets maintained growth. In the last three months of the year, commercial and service activities are expected to become more active in stocking goods in preparation for the holidays, which will be the peak season for pangasius exports in 2024. Enterprises need to capitalize on this time, strengthen communication, and actively promote other pangasius products, such as value-added varieties, to seize opportunities in the market, especially with customers near the border like China.
(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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