In August 2024, Vietnam's pangasius exports reached nearly $191 million, a 12% increase compared to August 2023. Accumulated pangasius exports in the first eight months of this year reached nearly $1.3 billion, a 9% increase year-on-year. Notably, value-added pangasius products reached nearly $6 million in August 2024, a significant 75% increase, and $27 million in the first eight months of this year, up 38% compared to the same period last year.
Exports of value-added pangasius to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) bloc exceeded $8 million by the end of August 2024, a 31% increase year-on-year. June 2024 recorded the highest monthly value at over $1.3 million, up 35% compared to June 2023. Australia emerged as the largest consumer of these products within the CPTPP, accounting for 39% of total imports from Vietnam, with a value of over $3 million, representing a 21% year-on-year increase.
The United States has consistently increased its imports of Vietnam's value-added pangasius products since the beginning of 2024. August 2024 marked the highest monthly export value to the US since the start of the year, reaching nearly $3 million, a staggering 15-fold increase compared to August 2023. Prior months also witnessed record-breaking growth, with April seeing a nearly 67,000-fold increase and July a nearly 42,000-fold increase. By the end of August, exports to the US totaled nearly $6 million, a 14-fold increase year-on-year.
Thailand ranked third in terms of importing Vietnam's value-added pangasius. In August 2024, exports to Thailand reached nearly $600,000, up 17% year-on-year. However, while the overall eight-month total exceeded $4 million, a 1% increase, May 2024 saw Thailand halt its imports of these products. The UK, despite a 1% decline in the first eight months, maintained its fourth position as a consumer of Vietnam's value-added pangasius, with a total value of nearly $4 million. August 2024 recorded the highest monthly export value to the UK for the year, although it was down 21% compared to August 2023, reaching over $726,000.
Vietnam's value-added pangasius exports to the EU totaled over $2.3 million by the end of August, down 5% year-on-year. The Netherlands was the largest consumer within the bloc, accounting for 86% of the total value, with exports exceeding $2 million, a 29% increase year-on-year. China and Hong Kong, primarily importing frozen pangasius fillets, have also shown increased interest in value-added products. In August 2024, exports to China tripled year-on-year and reached the highest monthly value for the year at over $200,000. By the end of August, total exports to China reached $791,000, a 50% increase.
Popular value-added pangasius products include breaded pangasius fillets, breaded fish skin snacks, and breaded fish cutlets. The growing demand for Vietnam's value-added pangasius products highlights the success of diversification strategies among Vietnamese seafood businesses. As the global market continues to evolve, Vietnamese enterprises are well-positioned to capitalize on emerging opportunities and strengthen their position in the international seafood market.
(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.
(seafood.vasep.com.vn) In Quang Ngai Province, shrimp farming costs are rising sharply due to लगातार increases in feed, fuel, and input material prices, while farm-gate shrimp prices are declining. This has significantly reduced farmers’ profit margins and increased production risks.
(seafood.vasep.com.vn) Vietnam’s tilapia exports are experiencing impressive growth, reflecting expanding global demand as well as the sector’s development potential. However, behind the strong growth figures lie limitations in production capacity and supply chains, highlighting the need for sustainable development in the coming period.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to the Middle East in 2025 and early 2026 have shown notable growth. However, escalating geopolitical tensions in the region have increasingly impacted export activities since March. This situation presents a challenge of balancing market expansion opportunities with rising trade risks.
(seafood.vasep.com.vn) The Quang Tri Department of Agriculture and Environment has instructed localities to base their stocking schedules on actual conditions in each farming area, while developing plans, allocating resources, and implementing synchronized measures for disease prevention and disaster risk management in aquaculture production.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s exports of fish cakes and surimi exceeded USD 45 million, up 7% compared to the same period in 2025, indicating a positive outlook for this product segment amid recovering demand in many markets.
(seafood.vasep.com.vn) During the week from April 4th to 10th, 2026, Quang Ngai province intensified its monitoring and law enforcement activities with the determination to eliminate illegal, unreported, and unregulated (IUU) fishing practices.
(seafood.vasep.com.vn) Thanh Hoa’s shrimp sector is undergoing a strong transformation by accelerating the adoption of high technology, helping to improve productivity, increase profits, and meet market demands. The province currently has about 4,100 hectares of shrimp farming, with output continuing to rise despite stable farming area, mainly due to the shift from traditional methods to intensive and super-intensive farming.
(vasep.com.vn) Amid ongoing volatility in global seafood trade, Vietnam’s crab exports have made a fairly positive start to 2026. According to Vietnam Customs statistics, export turnover in the first two months of 2026 reached nearly USD 55 million, up 24% compared to the same period in 2025 and more than 2.2 times higher than in the same period of 2024. This indicates that crab exports are entering 2026 with stronger growth momentum, particularly in Asian markets.
(seafood.vasep.com.vn) Da Nang City has fully implemented all recommendations from the European Commission (EC) regarding the fight against illegal, unreported and unregulated (IUU) fishing, creating an important foundation for the removal of the “yellow card” in the near future.
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