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) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
(seafood.vasep.com.vn) In 2025, the fisheries sector continued to stand out as a bright spot in Ca Mau’s economic landscape, maintaining positive growth in both output and value.
(seafood.vasep.com.vn) By the end of November 2025, Vietnam’s total pangasius export turnover had exceeded the $2 billion threshold, registering a 9% compared with the same period in 2024. In November alone, pangasius exports reached $195 million, also posting a 9% increase year-on-year, underscoring a stable recovery trajectory for the sector in the final months of the year.
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(seafood.vasep.com.vn) An Giang is focusing on expanding climate-adaptive marine aquaculture models, aiming for safe and sustainable production. This approach not only enhances economic efficiency but also helps fishermen stabilize their livelihoods amid weather fluctuations.
(seafood.vasep.com.vn) In the first 10 months of 2025, Vietnam’s pangasius export value to China (including Mainland China and Hong Kong) reached $483 million, up 1% compared to the same period in 2024. October alone posted $73 million, a strong 19% increase year-on-year. The Chinese market currently accounts for nearly 27% of Vietnam’s total pangasius export value.
(seafood.vasep.com.vn) According to data from Vietnam Customs, the country’s lobster exports posted another strong month in October 2025, reaching $93 million - a 75% increase from the same month in 2024. This performance extends the sector’s impressive growth streak from earlier in the year, pushing cumulative exports for the first 10 months to $712 million, up an extraordinary 135% year-over-year. Within the product mix, green lobster remained the dominant driver, accounting for 98% of total export value, with $700 million recorded in the first 10 months - a 141% jump year-on-year. In contrast, exports of spiny lobster and other lobster varieties declined slightly by 22% and 1%, respectively, indicating that market demand is becoming increasingly concentrated on the most sought-after product line.
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