According to Vietnam Customs, though August 2013, Vietnam exported US$7.67 million of pangasius products to this market, compared to US$5.9 million in the same period of 2012.
Indians’ demand for seafood consumption is increasing as per-capita income has increased and the rapid urbanization led to a great range of news supermarkets. Stronger demand caused overexploitation of fish stocks. In the fiscal year of 2008 – 2009, fish catches rose 7 percent, but the figure was down 3.5 percent in 2012 – 2013.
In 2012, Indian spent US$68.39 million on seafood imports (HS03), down 39 percent from US$112.4 million in 2011. In which, seafood from Bangladesh made up 53 percent, worth US$36.39 million. Vietnam was the second supplier with US$11.25 million, equalto 16.5 percent. Market shares of Vietnamese products in India increased from 7.7 percent in 2011 to 16.5 percent in 2012. In contrast, Bangladesh’s shares downed from 77.9 percent to 53 percent in 2012.
In 2012, purchase of marine fish products (HS03) into India reported a rise compared to 2011, excluding fresh fishes (HS0302) which went down 59.8 percent. The highest growth of 829 percent was seen in live fish species (HS0301). It was followed by frozen fishes (HS0303) with a 84.6 percent rise.
Spending for imported frozen fish fillets were US$10.5 million in 2012. Vietnam was the leading supplier with US$7.69 million of value, up nearly 32 percent from US$5.8 million in 2011 and accounted for 73 percent of proportion. India mainly bought pangasius from Vietnam, which is the main factor of a strong increase in seafood imports from Vietnam during the recent years.
Currently, marine fish stocks in Indian waters are dwindling, local fishermen have to turn to smaller fishes. As a result, there were not enough raw materials with standard quality for processing fish fillets. Many Indian seafood companies supplying products to upper market segment and restaurant chains have to import pangasius from Vietnam to satisfy demands for domestic food services.
Since 2008, wholesale prices of seafood products have increased by 131 percent in Indian market. In which, marine fishes saw rise of 91 percent, fish caught in domestic waters up 200 percent. Higher raw fish prices pushed local processors and exporters in fisheries and relevant sectors in difficulty. However, it was an opportunity for imported fish products to gain more shares in this market.
With coastal lines of 7,500 kilometers, special economic zone of 2 million square kilometers and 1.24 million hectares of bracket waters appropriate to aquaculture, India has high potentials to develop the domestic fishing industry. In 2012, India exported US$3.28 billion of seafood products; in which, crustaceans (HS0306) occupied the largest proportion, followed by frozen fishes (HS0303), mollusks (HSS0307) and frozen fish fillets (HS0304).
Indian government focuses on strengthening seafood production and exports in order to explore the country’s advantages and potentials. The country targeted to be in the top five fishery producing countries in the world. It also wanted to learn Vietnam’s experiences in developing pangasius production.
On July 22, 2026, the Government issued Decree No. 292/2026/ND-CP detailing certain articles and providing measures for the organization and implementation of the Law on Foreign Trade Management. The Decree takes effect on September 5, 2026, replacing Decree No. 69/2018/ND-CP.
(vasep.com.vn) Vietnamese pangasius producer Vinh Hoan has won the top prize at the 2026 Seafood Excellence Asia Awards for its Cured Panga Croquette, highlighting the growing potential of value-added pangasius products in international markets.
(vasep.com.vn) The Global Shrimp Forum (GSF) 2026 is taking place from September 1–3 in Utrecht, the Netherlands, bringing together around 585 delegates from 40 countries, representing approximately 300 companies and organizations across the shrimp supply chain. Representatives from VASEP are attending the event as part of the Vietnamese delegation, strengthening connections with partners across the global shrimp industry.
(vasep.com.vn) At the international B2B seminar (Hosted Buyer Program) held as part of Vietfish 2026, Mr. Nguyen Hoang Pham, Sales Director of Tai Kim Anh Seafood Processing Joint Stock Company, delivered a presentation entitled “Vietnam’s Shrimp Industry: Changing for Sustainability.” From the perspective of a seafood processor, the presentation highlighted that Vietnam’s shrimp industry continues to play a leading role in seafood exports, but is entering a new phase of competition in which change is no longer an option, but a prerequisite for growth.
(seafood.vasep.com.vn) VIETFISH 2026 may have concluded after three dynamic days in Ho Chi Minh City, but conversations around the exhibition continue to resonate across international trade media, industry organizations, and the social media channels of participating companies.
(seafood.vasep.com.vn) Vietnam’s tilapia industry is maintaining strong growth momentum, with significant room for further expansion in the coming years. In 2025, total tilapia production reached approximately 420,000 tonnes, up 33% from 2024 and 2.2 times higher than in 2015. During 2015–2025, production grew at an average annual rate of around 8.4%. As production and exports continue to expand, food safety control is receiving increasing attention to ensure product quality, meet the increasingly stringent requirements of international markets, and provide a foundation for the sustainable development of Vietnam’s tilapia industry.
(seafood.vasep.com.vn) On the afternoon of August 19, 2026, as part of the Vietnam International Seafood Exhibition – Vietfish 2026, the Hosted Buyer Program continued with the seminar “Vietnam Seafood Outlook 2026–2027: A Strategic Sourcing Destination,” followed by 1-to-1 B2B meetings between international buyers and Vietnamese seafood businesses.
(seafood.vasep.com.vn) Speaking at the Opening Ceremony of VIETFISH 2026 on August 19 at the Saigon Exhibition and Convention Center (SECC), U.S. Consul General Melissa Brown highlighted the important role of the exhibition in connecting Vietnam’s growing seafood industry with buyers, suppliers, and partners from the United States and around the world.
(vasep.com.vn) Tomorrow, August 19, 2026, the Vietnam International Seafood Exhibition – Vietfish 2026 will officially open at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Taking place over three days, from August 19–21, Vietfish 2026 promises to provide a dynamic platform for business networking, trend updates, product experiences and comprehensive cooperation across the domestic and international seafood community.
(vasep.com.vn) The global tilapia market continues to grow, creating significant opportunities for countries with strengths in aquaculture, processing, and exports. Against this backdrop, Vietnam’s tilapia industry is gradually developing toward higher quality, greater product diversification, and broader market reach. At Vietfish 2026, the Vietnam Association of Seafood Exporters and Producers (VASEP), together with the VASEP Tilapia Producers and Exporters Club, will host a joint booth to promote the image and potential of Vietnamese tilapia to domestic and international buyers.
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