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.
(seafood.vasep.com.vn) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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