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) Vietnam’s seafood exports in February 2026 reached approximately USD 707 million, up 8% compared to the same period last year. Cumulatively, exports in the first two months of 2026 totaled USD 1.7 billion, an increase of 20.2% year-on-year. The results show that the sector’s recovery momentum has remained relatively solid following strong growth in January, although the pace slowed noticeably in February for several key products and major markets. Within the overall picture, shrimp continues to be the largest pillar, pangasius rebounds strongly, while tuna exports and the U.S. and Korean markets are sending signals that warrant closer monitoring. In March, seafood exports are expected to gain additional momentum from markets other than the U.S., potentially supporting stronger growth.
(seafood.vasep.com.vn) In the first months of 2026, fishing activities in Quang Tri province recorded many positive signals, with output reaching over 15,941 tons. This result not only demonstrates fishermen’s efforts to stay offshore but also reflects the effectiveness of management and support measures implemented by local authorities.
(seafood.vasep.com.vn) In the first months of 2026, IUU prevention models focused on communication and mobilizing fishermen to comply with fisheries laws and avoid encroaching on foreign waters—related to combating illegal, unreported, and unregulated (IUU) fishing—have been implemented in coastal localities of Lam Dong province and have delivered initial positive results.
(seafood.vasep.com.vn) The sharp rise in raw pangasius prices to record levels is sending positive signals for the industry, but experts warn of potential supply–demand imbalances if production is not tightly controlled.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, the country’s total canned tuna export value in 2025 reached over USD 275 million, down 8% compared to 2024. Vietnamese canned tuna products were present in approximately 80 markets worldwide. However, the 2025 picture shows clear divergence: the U.S. maintained stability, the EU declined sharply, while several Middle East–North Africa (MENA) markets accelerated.
(seafood.vasep.com.vn) In 2025, Vietnam’s crab exports reached nearly USD 86 million, up almost 6% compared to 2024. A notable feature of 2025 was the strong market concentration in the United States, which accounted for more than 81% of Vietnam’s total crab export value, up 10% from the previous year. In contrast, exports to several Asian markets declined significantly, resulting in only modest overall growth for the year.
(seafood.vasep.com.vn) In 2025, Vietnam’s tilapia exports recorded impressive growth, with total export turnover reaching over USD 99 million, highlighting the increasingly important role of this product in the country’s seafood export structure. Of this total, tilapia fillets and other fish meat products accounted for USD 61 million, representing 61% of total export value and reaffirming their position as the key product category.
(seafood.vasep.com.vn) Shrimp seed quality is considered the “first link” and a decisive factor affecting the efficiency of the entire commercial shrimp production chain. High-quality seed directly influences survival rates, growth performance, and disease resistance, thereby determining production costs, productivity, and farmers’ profitability.
(seafood.vasep.com.vn) As part of its agricultural restructuring strategy toward sustainability, Quang Tri Province is gradually promoting environmentally friendly aquaculture models. Among these, organic-oriented golden pompano farming is considered a promising direction, aligned with the goals of enhancing production value and building sustainable rural areas.
(seafood.vasep.com.vn) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn