Despite remaining positive growth, this year growth was lower than 23 percent of 2011. Fish exports to key markets, in particular EU and the U.S. (accounting for the proportion of nearly 50 percent of Vietnam pangasius exports) were not as positive as that of 2011. In Jan- Apr 2012, fish shipment to EU reached US$152 million, down 13.8 percent over that of Jan- Apr 2011 while in the period last year, fish exports was still up 2 percent compared to 2010. The decline this year was attributable to European economic turmoil.
European economies are being hurt by the worst debt crisis in many recent decades. Spain, Greece, Portugal, Ireland and Italy are going in to unprecedented deep recession and their economic outlook is not bright in the near future.
Importers in EU have been decreasing to import pangasius from Vietnam because regional banks are cautious about business loans. This situation is expected to last until the end of this year because the analysts of Citi Group Corp. forecast Italy, Spain, Portugal and Ireland will continue to be downgraded credit rating this year. Moody’s has slashed most of banks’ credit rating in euro area.
Spain is the largest pangasius importer in EU block. In months of 2011, fish exports to the country kept falling but in Jan – Apr 2012, fish exports to the country reported positive but modest growth.
At this time, fish shipment to Spain achieved US$33 million, up 6.3 percent over that of Jan – Apr 2011. The increase was attributable to its low inventories of imported pangasius while cod import from Russia in Spain and EU in general decreased as Russia stocked up the fish for domestic consumption.
In Jan - Apr 2012, pangasius exports to the U.S. touched US$113 million, up 41.8 percent from that of the same period of 2011 while in Jan – Apr 2011, fish exports rose by 98 percent over 2010. Fish delivery to Asian markets, South America remained positive growth but lower than that of the same period of 2011.
Despite advance in pangasius export value, fish sector still copes with a lot of bottlenecks such as credit tightening, enterprises lost control of input costs due to high inflation and fluctuated raw material source. If the situation is not improved, fish exports 2012 is only equal to that of 2011 and earnings from fish exports is narrowed significantly.
(seafood.vasep.com.vn) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
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
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