Cumulative exports of Vietnamese pangasius in the first 10 months of this year reached more than 1.5 billion USD, down 29% compared to the same period in 2022. In October 2023, pangasius exports recorded positive growth to markets such as China & HK, Mexico, Canada, the EU, Germany, etc., in which some South American and Asian markets are considered potential, such as Brazil, China, and Thailand, with double-digit growth rates.
In October 2023, China and Hong Kong continued to be the leading markets for Vietnamese pangasius exports and recorded positive growth with a value equivalent to the previous month, up 15% over the same period last year. In the first 10 months of this year, pangasius exports to this market decreased by 23%, reaching more than 490 million USD.
Pangasius export turnover to the US in October 2023 reached more than 21 million USD, down from nearly 23 million USD the previous month and down 43% over the same period last year. By the end of October 2023, cumulative pangasius exports to this market decreased by more than half compared to the first 10 months of 2022 and only reached 228 million USD. The US market has shown signs of improving consumer demand; the company's product inventory level at distributors and retailers in the US has decreased to an average level; along with that, consumer confidence index usage continues to improve. These factors, along with the year-end holiday season, can stimulate businesses here to increase inventory accumulation, which will be an opportunity for seafood exports in general.
The EU has increased imports of Vietnamese pangasius since September 2023 and maintained a stable increase in October of 10% with a value of nearly 15 million USD. By the end of October 2023, the EU had imported 144 million USD of Vietnamese pangasius, down 17% over the same period last year. In particular, Germany is still the bright spot of this market block, when Vietnamese pangasius exports to here increased by 44% compared to the first 10 months of 2022. In October 2023 alone, the market increased imports of pangasius products by 2.5 times. Demand for Vietnamese pangasius in the EU gradually increased again due to preparations for the year-end festive season. The EU is expected to be a bright spot for exports in the last months of this year when it is considered to have a more stable economy than other key markets.
October 2023 is a peak month for the service industry to prepare for the major holidays of the year, when consumers increase their demand for products, including Vietnamese pangasius. Signs of recovery and slight growth in the first month of the fourth quarter of this year are expected to maintain and increase in the last 2 months of 2023. However, exporters should also seek to exploit other potential markets in South America and Asia, in addition to the US and China, and at the same time promote the export of other products besides frozen fillets to maintain the initiative.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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