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) Speaking at the Opening Ceremony of VIETFISH 2026 on August 19 at the Saigon Exhibition and Convention Center (SECC), U.S. Consul General Melissa Brown highlighted the important role of the exhibition in connecting Vietnam’s growing seafood industry with buyers, suppliers, and partners from the United States and around the world.
(vasep.com.vn) Tomorrow, August 19, 2026, the Vietnam International Seafood Exhibition – Vietfish 2026 will officially open at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Taking place over three days, from August 19–21, Vietfish 2026 promises to provide a dynamic platform for business networking, trend updates, product experiences and comprehensive cooperation across the domestic and international seafood community.
(vasep.com.vn) The global tilapia market continues to grow, creating significant opportunities for countries with strengths in aquaculture, processing, and exports. Against this backdrop, Vietnam’s tilapia industry is gradually developing toward higher quality, greater product diversification, and broader market reach. At Vietfish 2026, the Vietnam Association of Seafood Exporters and Producers (VASEP), together with the VASEP Tilapia Producers and Exporters Club, will host a joint booth to promote the image and potential of Vietnamese tilapia to domestic and international buyers.
(seafood.vasep.com.vn) Vietnam’s seafood exports are heading towards $12 billion this year, potentially the highest level on record. Yet one of the country’s export strengths is facing a growing list of challenges.
(seafood.vasep.com.vn) The first six months of 2026 indicate that Vietnam’s tilapia industry is entering a new phase of development, with strong export growth but also greater demands for production scale, quality and international competitiveness.
(seafood.vasep.com.vn) Vietfish 2026, the Vietnam International Seafood Exhibition, will officially take place from 19–21 August 2026 in Ho Chi Minh City. As Vietnam’s largest annual seafood trade event, organized by the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietfish 2026 will once again bring together leading seafood companies, industry experts, and international partners from across the global seafood value chain.
(seafood.vasep.com.vn) Vietnam’s seafood exports reached USD 1.1 billion in July 2026, up 4.8% compared to the same period in 2025. Cumulative exports in the first seven months of the year totaled nearly USD 6.86 billion, an increase of 11.5% year-on-year. Exceeding the USD 1 billion mark in July further reinforces the prospect that Vietnam’s seafood exports could surpass USD 12 billion in 2026. However, the July figures also send a clear signal that the most favorable growth period may have passed: overall export growth slowed to just 4.8%, pangasius exports fell 6.1%, tuna exports were virtually flat, while exports to the EU, South Korea, and the Middle East all recorded double-digit declines.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the seminar "Global Seafood Market and the Future Workforce: Trends, Opportunities, and Sustainable Development Pathways for Vietnam's Seafood Industry" will take place from 2:00 p.m. to 4:15 p.m. on August 19, 2026, at Convention Room B, Level 2, SECC, Ho Chi Minh City. This is the first of five specialized seminars at Vietfish 2026, focusing on key issues that are shaping the long-term development of Vietnam's seafood industry.
(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.
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