However, Vietnamese pangasius sales to Mexico are downing. In September, exports decreased by 37 percent to US$4.8 million. This was the second consecutive month reporting drop in value.
Some exporters said that Mexican pagasius imports downed because there were much more domestic-farmed tilapia in this market. Moreover, prices for domestic and imported tilapia products were stable, so local consumers were turning to eat this kind of fish.
Importing tilapia products into the market has increased since May 2013. In the first months of the year, Mexico just purchased a much lower volume of tilapia compared to that of pangasius. However, purchases of these two kinds of fishes were nearly the same since May.
With total of US$78.7 million, China remained the leading supplier of frozen fish fillets of Mexico in terms of value through July 2013, followed by Vietnam with US$69.4 million.
Generally, Mexican consumers like eating more frozen fish than fresh and canned products. So far, per-capita seafood consumption of the country was 9 kilogram per year. Mexico’s governement took measures to enhance per-capita consumption in the next ten years. Currently, the country reports an annual fishery production of 1.7 million MT; 85 percent of which was wild-caught fishes, the rest is aquacultural species. Shrimp, tilapia, tuna are the main wild-caught and farmed species. Tilapia and catfish are also increasingly grown in some states of Mexico.
Mexico plans to undertake a pilot farming program with pangasius seeds from Vietnam, as well as conduct research to assess eventual environmental impacts of pangasius aquaculture on surrounding areas and communities.
Despite downing pangasius exports to Mexico in the last two months, this country has still been a steady market for Vietnamese pangasius with higher exported price compared to those offered by other importers, Vietnamese companies said.
|
Mexican imports of frozen fish fillets (HS code 0304) in 2013, US$ thousand |
||||||||
|
Origin |
January |
February |
March |
April |
May |
June |
July |
Jan - Jul |
|
China |
11,564 |
10,826 |
3,665 |
7,601 |
12,997 |
14,506 |
17,559 |
78,718 |
|
Vietnam |
12,450 |
12,514 |
9,582 |
7,721 |
8,120 |
8,667 |
10,355 |
69,409 |
|
Chile |
3,530 |
5,020 |
3,998 |
2,338 |
6,199 |
5,419 |
6,753 |
33,257 |
|
Indonesia |
14 |
478 |
238 |
464 |
680 |
282 |
790 |
2,946 |
|
Nicaragua |
152 |
164 |
29 |
64 |
48 |
54 |
244 |
755 |
|
Peru |
0 |
202 |
96 |
0 |
100 |
17 |
220 |
635 |
|
The U.S. |
177 |
129 |
342 |
149 |
166 |
197 |
200 |
1,360 |
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(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.
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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.”
According to data released by the General Statistics Office, Vietnam’s total aquatic production in the third quarter of 2025 reached over 2.71 million tons, up 3.3% year-on-year. Cumulatively, in the first nine months of 2025, the country’s total aquatic production exceeded 7.26 million tons, an increase of 3.2% compared to the same period last year.
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