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) In March 2026, Vietnam’s tilapia exports recorded strong growth, reaching USD 15 million, up 109% compared to the same period in 2025. Cumulatively, in the first three months of 2026, export value reached USD 38 million, an increase of 174% year-on-year. This result highlights the sector’s robust expansion and reflects rapid growth across multiple markets.
(seafood.vasep.com.vn) In March 2026, Vietnam’s pangasius export value reached USD 182 million, up 1% compared to the same period in 2025. Cumulatively, exports in the first three months of 2026 totaled USD 514 million, an increase of 17% year-on-year, indicating that the growth momentum is being maintained despite signs of slowdown in some markets during March.
(seafood.vasep.com.vn) During peak heat periods, farmers raising pangasius, tilapia, and other freshwater fish in Dong Thap are implementing various technical measures to reduce risks and maintain stable production.
(seafood.vasep.com.vn) Japan continues to be one of Vietnam’s most important and stable shrimp markets. In recent years, shrimp exports to this market have fluctuated in line with Japan’s broader economic and consumption cycles, yet Japan remains a major, high-value destination with stringent standards.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain increased by 13% compared to 2024. This growth trend has continued into the first two months of 2026. According to Vietnam Customs statistics, export turnover to this market reached nearly USD 3 million in January–February 2026, up 101% year-on-year and significantly higher than the same period in 2024. This development indicates that Spain is once again becoming a notable destination for Vietnamese tuna amid strong demand for tuna raw materials and products in Europe.
(seafood.vasep.com.vn) The 2026 brackish water shrimp farming season in the Mekong Delta has started earlier than usual, mainly driven by positive market signals, as shrimp prices in 2025 remained high and supply was limited. Many enterprises and farms in Cần Thơ, Cà Mau, and Vĩnh Long have proactively stocked early to seize opportunities. By early 2026, stocking areas in many localities had reached a high proportion of planned targets, with intensive and high-tech farming models expanding rapidly.
(vasep.com.vn) Vietnam’s tilapia exports to the United States recorded remarkable growth in 2025, opening up major opportunities while also presenting considerable challenges. The U.S. remains the largest importer of Vietnamese tilapia fillets, with export turnover reaching USD 40 million—an increase of up to 499% compared to 2024. This impressive growth reflects strong demand in the U.S. market, as supply from competing countries such as China has been constrained by tariffs and rising production costs.
(seafood.vasep.com.vn) Pangasius remains a strategic export commodity in Vietnam’s seafood sector. Entering 2026, the industry faces a strong need to transition from volume-based growth to a value-driven development model, with a focus on quality, food safety, and sustainability.
(seafood.vasep.com.vn) Following damage caused by Storm No. 13 in late 2025, brackish water shrimp farming in Gia Lai is being rapidly restored. In key farming areas such as Tuy Phước and Tuy Phước Đông, farmers are focusing on rehabilitating ponds, repairing infrastructure, and treating the environment in preparation for the 2026 crop.
(seafood.vasep.com) Facing the decline in fishery resources, Vietnam is accelerating livelihood transitions for fishermen to reduce fishing pressure and move toward sustainable development. Marine fish stocks have dropped significantly from 4.82 million tons in 2000–2005 to 3.95 million tons in 2016–2020.
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