With breakthrough and continuous growth in recent years, up to now, the proportion of exports to ASEAN has been almost equivalent to that of the EU in total Vietnam pangasius exports. The major markets in ASEAN include Thailand, Singapore, the Philippines and Singapore.
Thailand accounts for 3.6% of Vietnam's pangasius export value. Pangasius exports to this market by the end of Q3/ 2022 reached over $70 million, an increase of 81% over the same period in 2021. In September, pangasius exports to Thailand increased by 165%.
The most significant increase in September was the Philippine market, increasing 5 times over the same period. By the end of the third quarter, pangasius exports to this market increased by 92% to over 25 million USD, accounting for 1.3%. total pangasius export.
The second largest consumption market of Vietnamese pangasius in ASEAN is Singapore with over 28 million USD in the first 9 months of 2022, up 56% over the same period. Particularly in September, pangasius exports to Singapore increased more than 3 times.
Malaysia also accounts for the same proportion as the Philippines with an import turnover of over $26 million in the first 9 months of 2022, an increase of 114%. In September, pangasius exports to this market also increased sharply by 138%.
ASEAN countries will be potential market for Vietnam pangasius enterprises because of the geographical advantages
Although accounting for a modest proportion, other countries in ASEAN such as Cambodia, Indonesia, and Laos all tend to strongly increase imports of Vietnam's pangasius, with a growth rate of 3 to 23 times compared to the same period in 2021.
The rising transportation costs is a disadvantage for the pangasius export industry as the selling price is not high compared to other seafoods. Vietnam pangasius exporters should promote exports to markets with geographical advantages such as ASEAN countries to lower the costs.
In the Thai market, there are currently 70 Vietnamese pangasius enterprises exported here. In which, the leading pangasius enterprises to this market are Navico (accounting for about 30% of the market share), Hung Phuc Thinh Food JSC (accounting for 11%), and C.P. VIETNAM CORPORATION (9%) , Cuu Long An Giang Seafood Import-Export JSC (6%).
The Singapore market also attracts over 70 Vietnamese pangasius enterprises. The leading enterprises in this market are VDTG Food, Vinh Hoan Corp, TG Fishery, and ANMYFISHCO, Dai Thanh seafood Co., Ltd.…
With the current growth rate, ASEAN tends to account for a larger proportion of pangasius exports, possibly surpassing the EU in the near future.
|
Vietnam’s pangasius exports to ASEAN in the first 9 months of 2022 (mil USD) |
|||||
|
Market |
Sep/2022 (estimated) |
Change(%) |
Jan-Sep/2022 |
Change(%) (estimated) |
Proportion (%) |
|
ASEAN |
16.006 |
204.3 |
152.448 |
83.2 |
7.8 |
|
Thailand |
6.210 |
165.8 |
70.499 |
80.8 |
3.6 |
|
Singapore |
4.187 |
202.3 |
28.321 |
56.3 |
1.4 |
|
Malaysia |
2.392 |
138.2 |
26.201 |
114.4 |
1.3 |
|
Philippines |
2.636 |
431.2 |
25.252 |
92 |
1.3 |
|
Brunei |
0.305 |
721.5 |
0.835 |
46 |
0 |
|
Laos |
0.149 |
|
0.761 |
2214.1 |
0 |
|
Cambodia |
0.079 |
|
0.264 |
474.7 |
0 |
|
Myanmar |
0 |
|
0.183 |
254.8 |
0 |
|
Indonesia |
0 |
|
0.086 |
173.7 |
0 |
Compiled by Thuy Linh
(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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