The EU and the US, the 2 major markets, accounted for 39.3% of Vietnam’s pangasius exports, decreased their demand, compared to 45.1% of 2013. Import price of the EU dropped by 8.4% and it fell by 16.7% in the US. Vietnamese exporters tried to expand into emerging markets to offset the decline in these markets.
EU, accounted for 20.4% of total export turnover of Vietnam, was still the largest pangasius import market for Vietnam. According to the Vietnam Customs, Vietnam’s pangasius exports to the EU in the first 9 months of 2014 were US$ 261.02 million, down 8.4% year on year. Spain continued to be the leading consumption market, followed by the Netherlands, Germany and the UK.
The US, made up 18.9% of total pangasius exports of Vietnam, was ranked the 2nd in importing pangasius from Vietnam. According to the Vietnam Customs, pangasius exports to the US in the first 9 months of 2014 reached US$ 240.81 million, down 16.7% year on year.
According to National Marine Fisheries Service (NMFS), the first 8 months of 2014, the US imported 63,276 MT of pangasius from Vietnam, down 14.71% year on year. Vietnam, accounted for 92.7% of the total volume of pangasius and catfish exports to the US, maintained its 1st rank at importing pangasius to the US market.
ASEAN, the 3rd biggest importer of Vietnam’s pangasius, has maintained its positive pangasius imports growth since the beginning of the year. According to the Vietnam Customs, pangasius exports to this market in the first 9 months of 2014 valued at US$ 102.68 million, up 12.4% year on year. In Q3/2014 only, Vietnam’s pangasius exports were worth US$ 30.48 million, up 1.7% year on year. Thailand was the biggest importer, followed by Singapore and the Philippines.
(vasep.com.vn) Vietnam is signatory to three new-generation Free Trade Agreements (FTAs), and specifically with the United Kingdom (UK), maintains two FTAs: the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the UK-Vietnam Free Trade Agreement (UKVFTA). The confluence of content and approaches within these two Agreements fosters a conducive environment for enterprises from both nations to maximally leverage trade and investment opportunities, notably encompassing Pangasius exports to the UK.
(seafood.vasep.com.vn) Sao Ta (FMC - HoSE), a key subsidiary of PAN Group, has announced impressive business results for February. The company's shrimp production reached 1,913 tons, a 106% increase compared to the same period last year, while agricultural product production reached 67 tons, up 6%.
(seafood.vasep.com.vn) The tuna export market of Vietnam in the first month of 2025 has seen notable fluctuations. Exports to most major markets have decreased compared to the same period in 2024.
The Seafood Expo Global is the largest seafood industry event in the world, truly becoming a professional playground and a strong foundation for connecting the international seafood community. The Seafood Expo Global (SEG) 2025 will take place from May 6 to May 8, 2025 in Barcelona, promising to be an important platform for the global seafood community to meet, trade, and seek business opportunities in seafood industry.
(seafood.vasep.com.vn) According to data from Vietnam Customs, Vietnam’s pangasius exports in January 2025 reached over USD 133 million, marking a 19% decline compared to the same period last year. Notably, the ranking of the top pangasius import markets saw significant adjustments.
(seafood.vasep.com.vn) According to a report by the General Statistics Office, the estimated pangasius output for January 2025 reached 102.5 thousand tons, representing a 6.0% increase compared to the corresponding period of the preceding year. This surge is attributed to the rise in pangasius material prices within the Mekong Delta, which has incentivized aquaculture farmers to expand their stocking activities. Concurrently, this price increase has facilitated processing enterprises to intensify procurement efforts to meet export demands during the early part of the year.
(seafood.vasep.com.vn) Between 2015 and 2024, Vietnamese pangasius exporting enterprises have undergone notable transformations in rankings and experienced fluctuations in developmental strategies, competitive intensity, and business efficacy. This dynamic is clearly illustrated through shifts in export turnover and the proportional contribution to the national pangasius export volume among the Top 5 enterprises.
(seafood.vasep.com.vn) The outlook for Vietnam’s seafood exports remains positive, with a strong focus on maintaining growth in key markets like China and the U.S., while diversifying into new regions. As global trade policies continue to evolve, adaptability and strategic planning will be key to navigating the challenges ahead.
(seafood.vasep.com.vn) Thanks to improved pangasius prices and higher production, Vĩnh Hoàn's after-tax profit in Q4 2024 reached VND 440 billion, a 4.8-fold increase compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam’s Customs, in Q4 2024, Vietnam’s pangasius exports to China & Hong Kong reached USD 163 million, a 17% increase compared to the same period in 2023, with consistent growth across all months. The total value of pangasius exports to China & Hong Kong for 2024 reached USD 581 million, a 1% increase over the previous year.
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