Regarding export structure, pangasius under HS code 03 constituted 97% of the total export turnover, reaching USD 130 million, a 20% decrease compared to the same period last year. Specifically, fresh/frozen/dried pangasius (excluding HS code 0304) experienced a 28% decrease, while pangasius under HS code 0304 declined by 18%.
In January 2025, value-added pangasius (HS Code 16) constituted a minor share, generating over USD 3 million, reflecting a modest 3% increase compared to the previous year.
In terms of consumption markets, China and Hong Kong remained the largest consumers of Vietnamese pangasius in the first month of this year. Despite a negative growth of 40% year-on-year, exports to this market still reached over USD 31 million, accounting for 24% of Vietnam's total pangasius exports globally.
In January 2025, the CPTPP bloc surpassed the United States to become the second-largest import market for Vietnamese Pangasius. Although export turnover to this bloc witnessed a 17% decrease compared to January 2024, it still reached USD 21 million. Pangasius exports to Mexico remained the highest within the CPTPP bloc, at over USD 5 million, a 20% decrease compared to the same period.
The United States was the third-largest consumer of Vietnamese pangasius in the first month of the year, after consistently holding the second position behind China & Hong Kong for many years. Pangasius exports to the United States in January 2025 reached USD 18 million, a 2% decrease compared to the same period last year.
Pangasius exports to the EU in January 2025 reached over USD 13 million, a 2% increase compared to the same period in 2024. Within the EU bloc, the Netherlands remained the largest consumer of Vietnamese pangasius, with over USD 3.4 million, a 9% decrease compared to January 2024. In the first month of this year, pangasius exports to Germany recorded positive growth of 57%, with a value of nearly USD 3 million. However, many other EU markets experienced sharp declines, such as Colombia (down 38%), Spain (down 33%), and the United Kingdom (down 30%).
Despite a smaller decrease compared to other markets, the significant decline in the China & Hong Kong market, coupled with a less pronounced decrease in the CPTPP market, led to the United States falling to third place, immediately after the CPTPP bloc. Reasons for the decline in exports and shifts in rankings in the US market may include seasonal factors, as the first month of the year is typically a period following the peak demand of the previous year-end, potentially slowing down production and export activities. Other contributing factors include shifts in global market demand, competition from other supply sources, technical and tariff barriers from import markets, inventory holdings by US importers from the end of 2024, and competition from other whitefish products in the US market.
For more information, please refer to: REPORT ON VIETNAM PANGASIUS SECTOR 2015-2024
(seafood.vasep.com.vn) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
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