In the first 4 months of this year, Vietnam pangasius exports to major markets were good and stable. China - Hong Kong is still the most attractive market for pangasius exporters with a value of more than USD 300 million, up 156% over the same period last year. The US is the second-largest market, export value also increased by 136%, equivalent to USD 241 million. Pangasius exports to the EU market also increased by more than 84% with a value of USD 65 million.
At the Global Seafood Expo in Spain at the end of April, many Vietnamese pangasius businesses introduced customers to a number of value-added products and sought new orders. It is forecasted that in the second quarter of this year, pangasius exports to major traditional markets will continue to be satisfactory.
In addition to the above markets, in the first 4 months of this year, Vietnamese pangasius exporters are very active in developing into potential markets. Notably, there are 3 markets: Mexico, Egypt and Thailand.
After nearly 3 years of being affected by Covid-19, pangasius export activities to these 3 markets are busier than ever. The number of enterprises participating in exporting is also higher. Currently, Mexico is the market with the largest export value among the CPTPP markets. In the first 4 months of the year, the total export value of pangasius to Mexico reached over USD 40 million - an increase of 69%; to Thailand reached over USD 38 million - an increase of 80%; to Egypt reached USD 14 million - an increase of 85% over the same period last year.
Thailand has been a new customer of Vietnamese pangasius in recent years. Like China, the geographical distance factor and the growing demand for pangasius imports have attracted many Vietnamese pangasius enterprises. Up to now, there are nearly 60 enterprises actively participating in exporting to Thailand. In addition, Malaysia is also the target market of many Vietnamese pangasius exporters this year.
Recently, the US Food Safety and Inspection Agency has recognized that 6 more pangasius processing factories are allowed to process and export frozen pangasius to the US market. The Animal and Plant Health Quarantine Service of the Russian Federation also added 2 more enterprises to the list of allowed exports to the Eurasian Economic Union. The Russia-Ukraine conflict has not come to an end, after the stagnation of trade activities, now pangasius exports to these two markets have reconnected. These new developments can boost pangasius exports to grow more positively in the coming time.
Up to this point, the price of raw pangasius in the Mekong Delta has remained high, ranging from 31,000 to VND 32,500/kg.
Complied by Minh Trang
(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.
(seafood.vasep.com.vn) Amid the increasingly evident impacts of drought and saltwater intrusion, the shrimp-rice production model in Ca Mau province continues to prove itself as a viable direction, contributing to higher farmer incomes, improved soil conditions and the promotion of ecological and sustainable agricultural development.
(seafood.vasep.com.vn) The management of fishing vessels, monitoring of fishing activities, and handling of violations in the fisheries sector in Lam Dong province have continued to be implemented in a synchronized and stringent manner, contributing to raising awareness of legal compliance among fishermen and aiming to end illegal, unreported and unregulated (IUU) fishing.
(seafood.vasep.com.vn) Can Tho’s fishery industry sustained steady growth in 2025 with total aquatic and marine output reaching nearly 783,000 tons, fulfilling 100% of the annual target. Aquaculture, capture fisheries and fishing fleet management were further strengthened, aiming for sustainable development in the coming years.
(seafood.vasep.com.vn) In 2025, Vietnam’s pangasius export turnover reached nearly USD 2.2 billion, up 8% year-on-year. This result indicates that pangasius exports maintained their growth momentum despite significant volatility in the global market environment. In December 2025, pangasius export value reached USD 200 million, up 10% compared to December 2024. This solid performance in the final month of the year reflects increased import demand for consumption and inventory replenishment in key markets.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain experienced significant fluctuations. According to Vietnam Customs, during the first 11 months of 2025, export turnover for the first 11 months of the year edged up by 0.3% year-on-year, reaching nearly $15 million.
(seafood.vasep.com.vn) Deputy Prime Minister Bui Thanh Son has signed Decision No. 16/QD-TTg, dated January 5, 2026, approving the implementation plan for the Vietnam-Israel Free Trade Agreement (VIFTA). Under the plan, in the coming period, ministries, ministerial-level agencies, government-affiliated entities and People’s Committees of provinces and centrally-run cities must institutionalize and execute tasks focused on the dissemination of information regarding VIFTA and the Israeli market; legislative and institutional development, as well as enhancing competitiveness and human resource growth...
(seafood.vasep.com.vn) Beyond achieving double-digit growth, Vietnam’s fish cake and surimi exports are showing a notable year-end "inflection point": the EU his accelerating with nearly twofold growth, China & Hong Kong are rising sharply, while the largest market, South Korea, signaled a slowdown in November. According to Vietnam Customs data, export turnover of fish cake and surimi reached $327 million in the first 11 months of 2025, up 22% year-on-year; November 2025 alone accounted for $35 million, marking a 5% increase. This serves as a critical foundation for exporters to reassess market structures and competitive intensity while finalizing order strategies for 2026.
(seafood.vasep.com.vn) Ca Mau, widely regarded as the nation’s “shrimp capital”, continued its strong performance in 2025 as shrimp output reached nearly 600,000 tons, maintaining its position as Vietnam’s leading shrimp-producing locality.
(seafood.vasep.com.vn) On December 29, 2025, at the 2025 Pangasius Industry Review Conference held in Can Tho City, the Vietnam Pangasius Association announced that fingerling prices have surged to record levels due to acute supply shortages.
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