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.
(vasep.com.vn) On November 11, 2026, in Can Tho, the Vietnam Association of Seafood Exporters and Producers (VASEP) will organize the Vietnam Seafood Summit 2026 (VSS 2026) under the theme “Seafood Market Outlook 2027–2029: Opportunities and Headroom for Double-Digit Export Growth.”
(seafood.vasep.com.vn) Business leader Do Ngoc Tai, General Director of Tai Kim Anh Seafood Processing Joint Stock Company, was honored by the Vietnam Chamber of Commerce and Industry (VCCI) with the title “Outstanding Vietnamese Entrepreneur – Thanh Giong Cup 2026” at a ceremony celebrating Vietnam Entrepreneurs’ Day (October 13). The event took place on the evening of October 11, 2026, at the National Convention Center in Hanoi.
(vasep.com.vn) The global tilapia market is becoming increasingly segmented, not only among producing countries but also by product type and destination market. Supply is divided into groups with distinct competitive advantages: large volumes of whole fish and frozen fillets from Asia, high-value fresh fillets from Latin America, and substantial domestic consumption in several major producing countries.
(vasep.com.vn) Vietnam’s tuna exports to the UK grew in the first eight months of 2026, despite signs of slowing import demand in the market. However, sharp fluctuations in orders, competition from major suppliers, and new traceability requirements are creating challenges for Vietnamese exporters.
(seafood.vasep.com.vn) Vietnam is stepping up efforts to combat illegal fishing, protect marine ecosystems, expand digital monitoring, and develop science-based management to ensure the sea can support communities and the economy for generations to come.
(seafood.vasep.com.vn) The EU remains a critical market for Vietnamese shrimp; however, purchasing demand and import patterns are undergoing notable changes. According to Vietnam Customs data, as of September 15, 2026, Vietnam’s shrimp exports to the EU reached nearly $374 million, down 5% year-over-year and accounting for 10.7% of the country’s total shrimp export value. Meanwhile, the EU’s stotal shrimp imports through July 2026 contracted by 7% in volume, exhibiting divergent trends across Southern Europe, Northwestern Europe and Eastern Europe. These dynamics necessitate that Vietnamese enterprises closely monitor individualized market demand, rather than approaching the EU as a monolithic consumer block.
(seafood.vasep.com.vn) In the first eight months of 2026, Vietnam’s exports of surimi and fish cakes remained relatively stable year-over-year compared to 2025. Following a contraction in the initial months, export performance demonstrated improvement from June onward, peaking in August. However, the recovery has been uneven, characterized by divergent trends across major markets: robust growth was recorded in China, Japan, Malaysia, the United States, and Taiwan, whereas export volumes to South Korea, Indonesia, and select European markets contracted.
(seafood.vasep.com.vn) Pangasius remains one of Dong Thap’s key aquaculture species, with the province focusing on developing an integrated value chain covering seed production, commercial farming, deep processing and by-product utilization. The province is promoting high-tech, circular pangasius farming models featuring reduced water exchange and enhanced biosecurity, aiming to improve production efficiency and strengthen control over raw material quality.
(vasep.com.vn) Vietnam’s seafood exports in September 2026 are estimated at US$1.135 billion, up 11.9% year-on-year, bringing total exports in the first nine months of the year to US$9.103 billion, up 11.4%. Behind this double-digit growth, however, increasingly divergent market trends are emerging: China–Hong Kong and ASEAN posted strong growth, while the U.S., EU and Japan all recorded declines in September.
(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.
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