Regarding consumption markets, pangasius exports to some markets continued to record positive double-digit growth, such as the US, CPTPP, Brazil, Thailand, Colombia, etc. China and Hong Kong are still the largest consumption markets for Vietnamese pangasius in August 2024, reaching more than 57 million USD, up 9% over the same period in 2023. By the end of August 2024, the total export value of pangasius to this market reached 370 million USD, down slightly by 2% over the same period last year.
Pangasius exports to the US in August 2024 reached more than 35 million USD, an increase of 40% compared to August 2023. August 2024 also recorded the second highest export value to this market in the year (after April 2024 with more than 37 million USD). Pangasius export value to the US in the first 8 months of this year reached 226 million USD, an increase of 23% over the same period last year. The recovery of the US market is considered a lever for the growth of pangasius exports, especially in the context of less optimistic imports from China. Through bidding programs of the US Department of Agriculture, it is expected that this country will continue to have demand for whitefish species. Specifically, on August 29, 2024, the US Department of Agriculture (USDA) announced that it will buy more Pacific cod, also known as cod, grouper fillets, and catfish products. The USDA said it paid $6.5 million for 1.5 million pounds of catfis
Brazil is the third largest single market for Vietnamese pangasius consumption, with nearly 12 million USD in August 2024, down 10% year-on-year. By the end of August 2024, pangasius exports to this largest South American country reached 77 million USD, up 28% year-on-year.
Pangasius exports in August 2024 in the markets recorded more optimistic signals thanks to the recovery in demand and export prices. With the growth momentum in exports in the first 8 months of this year and optimistic forecasts that it will continue to grow in the last 4 months of the year, the target of 2 billion USD of the pangasius export industry can reach or exceed the expected target.
(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).
(vasep.com.vn) Australia is emerging as one of the most stable and promising growth markets for Vietnamese shrimp. Amid global trade disruptions driven by geopolitical tensions—particularly conflicts in the Middle East—strengthening and expanding into stable markets like Australia has become increasingly important for Vietnam’s shrimp industry.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.
(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.
Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.
(seafood.vasep.com.vn) As geopolitical tensions in the Middle East continue to escalate, the global food market is facing increasing volatility in logistics costs, energy prices, and supply chains. In the seafood sector, alongside ocean-caught products such as tuna, the surimi-based product group—including fish cakes, crab sticks, fish balls, and other imitation seafood products—has also been affected to some extent by these developments.
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