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) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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