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) 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.
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