In August 2023, Vietnamese pangasius exports to Germany reached more than 2 million USD, down 18% over the same period last year. This is also the third consecutive month that Vietnamese pangasius exports to Germany recorded negative growth.
By the end of August 2023, Germany still maintained the No. 2 position in the EU market in importing Vietnamese pangasius after the Netherlands, contributing 20% of the value to the EU's total imports.
Previously, in the first 5 months of this year, Germany was always among the top markets maintaining increased imports of Vietnamese pangasius despite world fluctuations. Germany is also one of the few markets that recorded double-digit growth from 20% - 84% in the first 5 months of this year while most pangasius exports to other markets decreased. Notably, in March 2023, Vietnamese pangasius exports to Germany increased 2.3 times compared to March 2022, this is also the highest increase since the beginning of this year.
Pangasius exports to Germany started decreasing from June 2023
Pangasius exports to Germany started decreasing from June 2023. In July and August 2023, pangasius exports to Germany also decreased by 28% and 18% respectively compared to the same period last year.
Like other markets in the EU, Germany imports mainly frozen pangasius fillets and cuts (HS0304). In the first 6 months of this year, the top enterprises exporting pangasius to Germany include: Vinh Hoan accounts for 20%, GODACO accounts for 13%, Hung Ca accounts for 11%, Hung Ca 2 accounts for 9%, DATHACO accounts for 9%, Van Duc accounts for Tien Giang accounts for 7%,…
The German economy is facing many difficulties. It is forecast to fall into recession this year. According to forecasts of the Organization for Economic Cooperation and Development (OECD), Germany will be the only major economy in the G7 group to have negative growth in 2023. Inflation in Germany is currently at 6.5% in the month July 2023 and will likely continue to stand at a high level for a long time before dropping to the 2% target set by the ECB, despite energy prices cooling down. So it is expected that in the next months, Vietnamese pangasius exports to Germany will not increase yet.
Compiled by Thuy Linh
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
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