Accumulated in the first 9 months of 2023, Vietnam's pangasius exports reached nearly 1.4 billion USD, down 31% over the same period last year. In particular, the main export product is pangasius with HS code 0304 (except fish cakes and surimi products) reaching 1.1 billion USD, accounting for 82%. In September 2023 alone, exports to other markets reached 135 million USD, down 4% compared to the same period in 2022. This is the lowest decline since the beginning of this year, followed by live/fresh/frozen/dried pangasius products (HS code 03) (except HS code 0304) reaching 222 million USD, accounting for 16% and other processed pangasius (HS code 16) reached 22 million USD, accounting for 2%.
Regarding the consumption market, in September 2023, Vietnam’s pangasius exports to main markets like China & Hong Kong, EU, Brazil, Mexico,... recorded positive double-digit growth. In addition, the US market, CPTPP, Korea, Singapore,... recorded a decline of 3% to 54% compared to the same period last year.
In September 2023, China & Hong Kong imported 56 million USD of Vietnam’s pangasius, up 15% over the same period last year. By the end of September 2023, export turnover to China & Hong Kong reached 434 million USD, down 26% compared to the same period in 2022. China & Hong Kong have continuously led the top import markets of Vietnam’s pangasius from 2019 to present and are the largest consumer markets for vietnam's pangasius.
The US ranked 2nd in importing vietnam's pangasius. In September alone, the US bought nearly 23 million USD of Vietnam's pangasius, down 29% over the same period last year. High inventory is the factor causing the value of pangasius exports to this market to continuously decline since the beginning of this year. Accumulated in the first 9 months of 2023, pangasius exports to the US reached 207 million USD, down 54% compared to the same period in 2022.
The EU is one of the markets recording positive growth in September 2023. In September, the EU consumed more than 14 million USD of Vietnam’s pangasius, up 11% over the same period last year, up 9% over the previous month. In the first 9 months of 2023, the EU imported 129 million USD of pangasius, down 19% over the same period last year. With export value resuming positive in September 2023, the EU is gradually returning to the top markets importing pangasius from Vietnam.
The CPTPP market narrowed its decline to 4% in September 2023 when pangasius export turnover reached 21 million USD. This is also the lowest decrease of this market sector since the beginning of the year. However, some markets in the CPTPP bloc still gained 10% - 70% such as Japan, Mexico, New Zealand,...
In September 2023, pangasius exports to several main markets showed signs of recovery after a long period of decline. This is a positive signal in the context that most economies in the world have low growth rates due to declining aggregate demand, inflation, central banks tightening monetary policy, world public debt increasing to record levels, the military conflict between Russia and Ukraine, geopolitical instability, food security, natural disasters, climate change... It is expected that the recovery momentum from the end of the third quarter will support pangasius exports in the fourth quarter.
(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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