After a strong increase in the first half of the year, from July 2022, Vietnam pangasius exports to some key markets such as the US began to slow down because inventories were increasing, consumption and prices also decreased.
In that context, pangasius exports to Mexico still maintained a high growth rate in July: more than doubled over the same period to over 11 million USD.
In the first 7 months of this year, frozen pangasius fillets exported to Mexico accounted for 94% of the total export value with $69 million, and sliced pangasius accounted for 6%, reaching $4.4 million.
The average price of frozen pangasius fillets exported to the Mexican market in the first half of this year was 2.8 USD/kg, 63.5% higher than the average price of 1.71 USD/kg in the same period in 2021.
The Mexican market is a very promising market for Vietnam pangasius exporters
In 2022, inflation in Mexico has reached a record high of 22 years. Mexican consumers must consider and reduce their spending on high-priced food products. With the advantage of competitive prices, plus preferential tax advantages under the CPTPP, Vietnamese pangasius is still a stable choice of Mexican seafood importers.
In the context of the USD appreciation against many other currencies is a challenge for Vietnam exporters. In some markets where the local currency depreciates, importers suffer losses, so they will carefully consider the import plan. There has been a situation where importers "bargain to lower prices" or ask Vietnamese exporters to delay delivery, causing exporters to shoulder the burden of additional storage costs.
However, according to experts, for the Mexican market, the rising USD is good news because Mexico is one of the few countries that receive a huge amount of remittances from the US. Therefore, food consumption of this market will also be less affected than other markets.
With those advantages, many Vietnam pangasius exporters also shifted from some other markets to Mexico. In the first half of this year, there were 30 Vietnamese seafood enterprises exporting pangasius to Mexico. The 3 enterprises with the largest export value are: I.D.I International Development and Investment Joint Stock Company; Vietnamfish Co,. Ltd and CL-Fish Corp. Many pangasius processors in Dong Thap, An Giang, Ben Tre, Can Tho and Vinh Long are also interested in Mexico and promote pangasius exports to this market.
In 2022, Vietnam's pangasius exports to the Mexican market is expected to bring in about 125 million USD, an increase of 80% compared to 2021.
Compiled by Thuy Linh
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(vasep.com.vn) At the seminar “Global Seafood Markets and the Future Workforce: Trends, Opportunities and Directions for the Sustainable Development of Vietnam’s Fisheries Sector,” held as part of VIETFISH 2026, Ms. Shirlene Maria Anthonysamy, Fisheries Officer (Markets) and GLOBEFISH Coordinator at the Food and Agriculture Organization of the United Nations (FAO), presented initiatives aimed at promoting youth participation in fisheries and aquaculture.
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(vasep.com.vn) After three days at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, the Vietnam International Fisheries Exhibition – VIETFISH 2026 – has successfully concluded, leaving a strong impression in terms of scale, visitor numbers, the quality of business connections, and innovative activities. With more than 14,000 m² of exhibition space, 335 companies, 568 booths, participation from representatives of 17 countries and territories, and nearly 15,000 visitors, VIETFISH 2026 has once again affirmed its role as an important meeting point for Vietnam’s and the global seafood industry.
(seafood.vasep.com.vn) Held as part of Vietfish 2026 from August 19–21 at SECC in Ho Chi Minh City, a series of five specialized seminars provided the seafood business community with updates on markets, technology, standards, human resources and cooperation opportunities. With the participation of experts, international organizations, government agencies and businesses from Vietnam and abroad, the seminars created an additional platform for professional exchange alongside the exhibition’s product showcases and business networking activities.
(seafood.vasep.com.vn) On the morning of August 19, 2026, the Vietnam International Seafood Exhibition – VIETFISH 2026 officially opened at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. With 568 booths representing 335 companies, alongside the presence of senior government officials, local authorities, diplomatic missions and international partners, VIETFISH 2026 kicks off three days of business networking, technology exchange and market engagement under the overarching theme “Innovation and Sustainability.”
The Vietnam Association of Seafood Exporters and Producers (VASEP) officially announces that the Vietnam International Seafood Exhibition (Vietfish 2026) will take place from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City.
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