In particular, there are many markets with a sharp increase in pangasius imports in the past month. Exports to China increased by 26%, reflecting the inevitable trend of the market after the removal of the zero Covid policy. By the end of February, pangasius exports to China reached nearly $73 million, down 8% compared to the same period in 2022, due to a sharp decrease in January.
China imports pangasius through 23 provinces of Vietnam. The top 5 localities that import the most pangasius from Vietnam are Guangdong (accounting for 30%), Shandong and Shanghai both accounted for 12%, Tianjin and Zhanjiang both accounted for 10%.
In 2022, China imported over 253 thousand tons of pangasius from Vietnam, up 71%
In 2022, China imported over 253 thousand tons of pangasius from Vietnam, up 71% compared to 2021. The average import price was at 2.4 USD/kg, up 25%. In which, the highest import prices are in Guangdong, Hubei and Anhui, reaching 2.6 - 2.7 USD/kg.
Beside China, pangasius exports to other markets in February recorded a double digit growth such as the UK (increased by 79%), Colombia (increased by 38%), German (84%), Belgium (90%). Some markets even grew by triple digits such as Saudi Arabia ( up 110%), Portugal (up 90%), Iraq (332%).
However, the decline trend still occurs in many important markets. Pangasius exports to the US went down by 59%, Brazil by 23%, Thailand by 29%, Mexico by 11%.
Nevertheless, the cumulative export of pangasius in the first 2 months of the year still grew by 38% and recorded sales of 240 million USD.
Nevertheless, the cumulative export of pangasius in the first 2 months of the year still grew by 38% and recorded sales of 240 million USD. Only a few markets (UK, Germany, Singapore and Portugal) maintained a positive growth rate of 6-81%. Germany is showing the most positive signal, accounting for 2.6% of pangasius exports, a sharp increase compared to the proportion of 0.9% in the same period last year.
Pangasius exporters are looking forward to positive signals in Chinese, some European countries such as the UK, Germany, Portugal and the Middle East markets. However, exports will not be able to make a strong breakthrough. In the coming months, import demand may increase compared to the beginning of the year, thanks to trade and promotion programs such as fairs and conferences that will promote exports, but export prices will not be as high as in 2022.
Regardless of economic difficulties in 2023, pangasius will still be a suitable choice for consumers in many countries around the world.
Forecast on Vietnam pangasius industry in 2023 - 2025
Compiled by Thuy Linh
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
(seafood.vasep.com.vn) In 2025, the fisheries sector continued to stand out as a bright spot in Ca Mau’s economic landscape, maintaining positive growth in both output and value.
(seafood.vasep.com.vn) By the end of November 2025, Vietnam’s total pangasius export turnover had exceeded the $2 billion threshold, registering a 9% compared with the same period in 2024. In November alone, pangasius exports reached $195 million, also posting a 9% increase year-on-year, underscoring a stable recovery trajectory for the sector in the final months of the year.
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(seafood.vasep.com.vn) An Giang is focusing on expanding climate-adaptive marine aquaculture models, aiming for safe and sustainable production. This approach not only enhances economic efficiency but also helps fishermen stabilize their livelihoods amid weather fluctuations.
(seafood.vasep.com.vn) In the first 10 months of 2025, Vietnam’s pangasius export value to China (including Mainland China and Hong Kong) reached $483 million, up 1% compared to the same period in 2024. October alone posted $73 million, a strong 19% increase year-on-year. The Chinese market currently accounts for nearly 27% of Vietnam’s total pangasius export value.
(seafood.vasep.com.vn) According to data from Vietnam Customs, the country’s lobster exports posted another strong month in October 2025, reaching $93 million - a 75% increase from the same month in 2024. This performance extends the sector’s impressive growth streak from earlier in the year, pushing cumulative exports for the first 10 months to $712 million, up an extraordinary 135% year-over-year. Within the product mix, green lobster remained the dominant driver, accounting for 98% of total export value, with $700 million recorded in the first 10 months - a 141% jump year-on-year. In contrast, exports of spiny lobster and other lobster varieties declined slightly by 22% and 1%, respectively, indicating that market demand is becoming increasingly concentrated on the most sought-after product line.
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