Following a strong surge in October, the Chinese market maintained steady growth momentum in November. Pangasius export turnover to China reached nearly $59 million, a 17% increase over the same period in 2024. As the largest monthly contributor, China continued to play a leading role in Viet Nam’s pangasius export earnings.
Pangasius exports to the United States totaled $20 million in November, down 23% year-on-year. The decline was largely attributed to the impact of a 20% reciprocal tariff, which has weakened the price competitiveness of Vietnamese pangasius in the US market. The downward trend has persisted since August, showed no signs of reversal in November.
Exports to the European Union (EU) reached $12 million in November, plummeting by 25% compared to the previous year. The contraction was mainly driven by two key markets - the Netherlands (down 18%) and Germany (down 20%). Nevertheless, several other EU markets recorded modest growth, suggested latent development potential for Vietnamese products within the bloc
Within the CPTPP bloc, exports to the UK amounted to $5 million, down slightly by 4% compared with last year. The narrower decline compared to the previous two months is viewed as an initial recovery signal following a period of deep contraction. Mexico remained a bright spot with export turnover surging to $8 million, equivalent to a 50% increase. Meanwhile, Japan and Malaysia maintained stable growth with a modest 2% rise, reflecting positive demand trends and expansion possibilities in these territories.
Export turnover to Brazil reached $15 million in November, up 13% year-on-year. Cumulatively for the first 11 months of 2025, robust growth was recorded in Thailand (+24%), Egypt (+33%) and Russia (+45%) compared with the same period last year. Despite their strong growth rates, the contribution of these markets to the total pangasius export structure remains relatively modest. Consequently, enterprises need to intensify trade promotion activities to deepen market penetrationand expand product segments in these high-potential destinations.
From January to November 2025, pangasius fillet exports (HS0304) generated more than $1.6 billion in revenue, up 11% year-on-year and continued to represent the largest category in the export structure. Exports of frozen, dried, whole pangasius and fish maws (HS03, excluding HS0304) reached nearly $348 million, remaining flat against the previous year. Meanwhile, processed pangasius products (HS16) recorded $48 million, marking a 13% increase compared with 2024.
Export data indicate robust growth momentum in the Chinese market; however, the deep contraction in the U.S and EU has elevated China’s share to 30% of the total pangasius export structure. In contrast, Brazil and several CPTPP markets posted strong growth but still possess significant headroom for development.
Looking ahead to 2026, the 20% reciprocal tariff in the U.S market is expected to continue exerting adverse effects, dampening the competitiveness of Vietnamese pangasius products. This underscores the need for exporters to proactively diversify into alternative markets, broaden their product portfolios and place greater emphasis on value-added and deeply processed products. At the same time, obtaining internationally recognized sustainability certifications will become increasingly critical to strengthening the Vietnamese pangasius brand and reinforcing its competitive edge amid intensifying price competition.
(seafood.vasep.com.vn) Shrimp seed quality is considered the “first link” and a decisive factor affecting the efficiency of the entire commercial shrimp production chain. High-quality seed directly influences survival rates, growth performance, and disease resistance, thereby determining production costs, productivity, and farmers’ profitability.
(seafood.vasep.com.vn) As part of its agricultural restructuring strategy toward sustainability, Quang Tri Province is gradually promoting environmentally friendly aquaculture models. Among these, organic-oriented golden pompano farming is considered a promising direction, aligned with the goals of enhancing production value and building sustainable rural areas.
(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.
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