Recently, pangasius exports have had a positive growth again after 9 months of decline, what is the cause, Sir?
According to the data that we have, pangasius exports in the first month of this year reached 214 million USD, up by 1.7% compared to the same period last year. Thus, after many months of decline, the export of pangasius has recovered showing that importers as well as our pangasius businesses are gradually adapting to the epidemic situation. In addition, enterprises boosting exports to markets with free trade agreements (FTAs) to get tax incentives, increase competitiveness and expand exports to new markets also partly help pangasius turnover to recover.
Specifically, pangasius shipment to countries in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has a turnover only less than that of exports to the US market and even surpasses China and Hong Kong. This is a good sign when pangasius exporting enterprises gradually reduce their dependence on the Chinese market, creating a balance in export activities to major markets.
With the above improvement, how do you evaluate the pangasius export market trend this year?
According to our assessment, due to the impact of travel restriction to prevent the spread of the coronavirus, customers of enterprises in FTA countries cannot come to Vietnam to speed up the buying process.
If the epidemic is controlled, the global economy, trade and consumer spending will strongly recover, which will have a positive impact on the recovery and growth rate of Vietnam's seafood industry in general and pangasius sector in particular. From there we forecast that this year pangasius will recover with an increase of 5%, reaching about 1.6 billion USD.
However, the recovery and development of the industry will depend heavily on the successful implementation of Covid-19 vaccination programs in other countries. Along with the rapid and widespread vaccine deployment, countries’ governments will also soon promote policies to recover and develop economy.
I think the road ahead is brighter than last year, but there are obviously many challenges that need to be solved, such as: Anti-dumping tax barriers in the US market having no signs of being ended in the next 5 years.; The Chinese market having an increasing demand for seafood imports, but at the same time tightening inspection of imported seafood, especially after the Covid epidemic occurs; import markets increasingly paying attention to quality and higher requirements for products with traceability, sustainable production processes …
So what will the pangasius sector do to deal with these challenges, Sir?
To solve these challenges, we recommend that besides focusing on developing traditional markets such as the US, EU, China, ASEAN ... pangasius businesses need to look for new markets such as India. In addition, we will coordinate with relevant agencies to continue promoting C/O propaganda and in-depth dissemination at international commitments to which Vietnam is a party; disseminating knowledge about FTAs, especially CPTPP Agreement, Vietnam - EU Free Trade Agreement (EVFTA) ... in many forms to help businesses to have access to and take advantage of incentives in export activities.
At the same time, we also encourage businesses to implement activities to promote domestic consumption of pangasius, in order to limit the risks and damages of the decline of the export market. Accordingly, in the coming time, businesses need to connect with the system of restaurants, resorts, kitchens in schools, industrial zones, the military ... associated with product branding, good quality management and guaranteed traceability.
According to our assessment, so far, the pangasius business has been active in bringing products into the domestic market through a system of large supermarkets, with diversified items to meet the needs of consumers. However, frozen products still account for the majority, so some businesses are promoting distribution through e-commerce sites such as Shopee, Tiki ... We assess that, in the long term, the development of domestic market will not only helps businesses sell products but also contribute to building the image of Vietnamese pangasius products. Thereby, the pangasius industry can develop more sustainably.
Refer to Vietnamese source: http://www.vasep.com.vn/san-pham-xuat-khau/ca-tra/nguyen-lieu/cach-nao-giup-ca-tra-duy-tri-da-xuat-khau-tang-21285.html
(seafood.vasep.com.vn) Vietnam’s seafood exports in February 2026 reached approximately USD 707 million, up 8% compared to the same period last year. Cumulatively, exports in the first two months of 2026 totaled USD 1.7 billion, an increase of 20.2% year-on-year. The results show that the sector’s recovery momentum has remained relatively solid following strong growth in January, although the pace slowed noticeably in February for several key products and major markets. Within the overall picture, shrimp continues to be the largest pillar, pangasius rebounds strongly, while tuna exports and the U.S. and Korean markets are sending signals that warrant closer monitoring. In March, seafood exports are expected to gain additional momentum from markets other than the U.S., potentially supporting stronger growth.
(seafood.vasep.com.vn) In the first months of 2026, fishing activities in Quang Tri province recorded many positive signals, with output reaching over 15,941 tons. This result not only demonstrates fishermen’s efforts to stay offshore but also reflects the effectiveness of management and support measures implemented by local authorities.
(seafood.vasep.com.vn) In the first months of 2026, IUU prevention models focused on communication and mobilizing fishermen to comply with fisheries laws and avoid encroaching on foreign waters—related to combating illegal, unreported, and unregulated (IUU) fishing—have been implemented in coastal localities of Lam Dong province and have delivered initial positive results.
(seafood.vasep.com.vn) The sharp rise in raw pangasius prices to record levels is sending positive signals for the industry, but experts warn of potential supply–demand imbalances if production is not tightly controlled.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, the country’s total canned tuna export value in 2025 reached over USD 275 million, down 8% compared to 2024. Vietnamese canned tuna products were present in approximately 80 markets worldwide. However, the 2025 picture shows clear divergence: the U.S. maintained stability, the EU declined sharply, while several Middle East–North Africa (MENA) markets accelerated.
(seafood.vasep.com.vn) In 2025, Vietnam’s crab exports reached nearly USD 86 million, up almost 6% compared to 2024. A notable feature of 2025 was the strong market concentration in the United States, which accounted for more than 81% of Vietnam’s total crab export value, up 10% from the previous year. In contrast, exports to several Asian markets declined significantly, resulting in only modest overall growth for the year.
(seafood.vasep.com.vn) In 2025, Vietnam’s tilapia exports recorded impressive growth, with total export turnover reaching over USD 99 million, highlighting the increasingly important role of this product in the country’s seafood export structure. Of this total, tilapia fillets and other fish meat products accounted for USD 61 million, representing 61% of total export value and reaffirming their position as the key product category.
(seafood.vasep.com.vn) Shrimp seed quality is considered the “first link” and a decisive factor affecting the efficiency of the entire commercial shrimp production chain. High-quality seed directly influences survival rates, growth performance, and disease resistance, thereby determining production costs, productivity, and farmers’ profitability.
(seafood.vasep.com.vn) As part of its agricultural restructuring strategy toward sustainability, Quang Tri Province is gradually promoting environmentally friendly aquaculture models. Among these, organic-oriented golden pompano farming is considered a promising direction, aligned with the goals of enhancing production value and building sustainable rural areas.
(seafood.vasep.com.vn) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
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