In April 2024, the US sharply increased imports of Vietnam value-added pangasius

News 08:48 31/05/2024
(seafood.vasep.com.vn) According to data from Vietnam Customs, Vietnam pangasius exports to the US in April 2024 recorded many optimistic signs with a value of nearly 38 million USD, an increase of 34% compared to April 2023. By the end of April, this market consumed 102 million USD of pangasius, up 19% over the same period last year.

Since the beginning of this year, the US has continuously increased imports of VAT pangasius products from Vietnam. In the first month of this year, Vietnam exported nearly 295 thousand USD of value-added pangasius to the US, an increase of 18 times over the same period; in February 2024, this value reached more than 114 thousand USD, an increase of 2,200 times. In March 2024, it increased by 76% to 150 thousand USD. Notably, in April 2024, exports of value-added pangasius products to the US reached more than 300 thousand USD, an increase of 67 thousand times. By the end of April 2024, the US increased imports of value-added products from Vietnam by 8.5 times with 860 thousand USD.

Frozen pangasius fillets are still the main product of pangasius exports to the US. In April 2024, export turnover of frozen fillet products to the US reached more than 37 million USD, an increase of 35% compared to April 2023. This is the highest value the US has imported since the beginning of this year for pangasius products under HS code 0304 (except fish cakes and surimi). By the end of April 2024, exports of frozen pangasius fillets to the US reached more than 100 million USD, an increase of 19% over the same period in 2023, accounting for 98% of the total value of pangasius exports to the US.

Meanwhile, exports of dried and other frozen pangasius (steak, butterfly, maw…) to the US in April 2024 witnessed a negative growth of 72% with a value of 165 thousand USD. Total exports of these products to the US in April of this year reached nearly 1 million USD, down 28% over the same period last year.

Consumers in the US are increasing their demand for white fish products, especially pangasius from Vietnam. Pangasius exports to the US in April and in the first 4 months of this year showed many signs of improvement after continuously declining in 2023. Recently, a large number of Vietnamese enterprises participated in and introduced pangasius products in Vietnam at the North American Seafood Exhibition. With the advantage of a delicious white-flesh fish, suitable for processing a variety of dishes from packaged fillets, and frozen products to processed products such as fish sticks or fish burgers, it has attracted importers from all over the world this market.

In addition, white meat fish supplies to the US are decreasing in the context of scarcity of other white meat fish products such as tilapia is also a positive sign for Vietnamese pangasius exports to the US market.

The news that the US is considering recognizing Vietnam as a market economy has brought optimistic hope to many Vietnamese economic sectors, including the fisheries industry. It is expected that in July 2024, the DOC will have a decision on whether Vietnam can change its status from a non-market economy to a market economy. If Vietnam is recognized as having a market economy, this will be an advantage for Vietnamese businesses in the upcoming administrative reviews of anti-dumping duties on shrimp and pangasius.

TIN MỚI CẬP NHẬT

VASEP published Report on Vietnam seafood exports in 2025

 |  11:00 11/02/2026

(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.

Ca Mau’s shrimp-rice model proves effective in climate change adaptation

 |  09:28 09/02/2026

(seafood.vasep.com.vn) Amid the increasingly evident impacts of drought and saltwater intrusion, the shrimp-rice production model in Ca Mau province continues to prove itself as a viable direction, contributing to higher farmer incomes, improved soil conditions and the promotion of ecological and sustainable agricultural development.

Lam Dong tightens fishing vessel management in decisive crackdown on IUU fishing

 |  15:02 06/02/2026

(seafood.vasep.com.vn) The management of fishing vessels, monitoring of fishing activities, and handling of violations in the fisheries sector in Lam Dong province have continued to be implemented in a synchronized and stringent manner, contributing to raising awareness of legal compliance among fishermen and aiming to end illegal, unreported and unregulated (IUU) fishing.

Can Tho’s fishery output hits nearly 783,000 tons in 2025.

 |  15:12 04/02/2026

(seafood.vasep.com.vn) Can Tho’s fishery industry sustained steady growth in 2025 with total aquatic and marine output reaching nearly 783,000 tons, fulfilling 100% of the annual target. Aquaculture, capture fisheries and fishing fleet management were further strengthened, aiming for sustainable development in the coming years.

Pangasius exports in 2025 exceed USD 2 billion, with strong growth in multiple markets

 |  16:26 02/02/2026

(seafood.vasep.com.vn) In 2025, Vietnam’s pangasius export turnover reached nearly USD 2.2 billion, up 8% year-on-year. This result indicates that pangasius exports maintained their growth momentum despite significant volatility in the global market environment. In December 2025, pangasius export value reached USD 200 million, up 10% compared to December 2024. This solid performance in the final month of the year reflects increased import demand for consumption and inventory replenishment in key markets.

Vietnam’s tuna exports to Spain shift sharply toward processed segments

 |  09:48 26/01/2026

(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain experienced significant fluctuations. According to Vietnam Customs, during the first 11 months of 2025, export turnover for the first 11 months of the year edged up by 0.3% year-on-year, reaching nearly $15 million.

VIFTA expands opportunities for Vietnamese seafood enterprises in the Israeli market

 |  09:02 22/01/2026

(seafood.vasep.com.vn) Deputy Prime Minister Bui Thanh Son has signed Decision No. 16/QD-TTg, dated January 5, 2026, approving the implementation plan for the Vietnam-Israel Free Trade Agreement (VIFTA). Under the plan, in the coming period, ministries, ministerial-level agencies, government-affiliated entities and People’s Committees of provinces and centrally-run cities must institutionalize and execute tasks focused on the dissemination of information regarding VIFTA and the Israeli market; legislative and institutional development, as well as enhancing competitiveness and human resource growth...

Vietnam’s fish cake and surimi exports surge, EU market emerging as a late-2025 growth driver

 |  09:43 20/01/2026

(seafood.vasep.com.vn) Beyond achieving double-digit growth, Vietnam’s fish cake and surimi exports are showing a notable year-end "inflection point": the EU his accelerating with nearly twofold growth, China & Hong Kong are rising sharply, while the largest market, South Korea, signaled a slowdown in November. According to Vietnam Customs data, export turnover of fish cake and surimi reached $327 million in the first 11 months of 2025, up 22% year-on-year; November 2025 alone accounted for $35 million, marking a 5% increase. This serves as a critical foundation for exporters to reassess market structures and competitive intensity while finalizing order strategies for 2026.

Ca Mau leads the nation in shrimp output

 |  10:08 16/01/2026

(seafood.vasep.com.vn) Ca Mau, widely regarded as the nation’s “shrimp capital”, continued its strong performance in 2025 as shrimp output reached nearly 600,000 tons, maintaining its position as Vietnam’s leading shrimp-producing locality.

Pangasius fingerling prices hit record highs

 |  15:21 14/01/2026

(seafood.vasep.com.vn) On December 29, 2025, at the 2025 Pangasius Industry Review Conference held in Can Tho City, the Vietnam Pangasius Association announced that fingerling prices have surged to record levels due to acute supply shortages.

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