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) 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.
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
