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.
Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.
(seafood.vasep.com.vn) As geopolitical tensions in the Middle East continue to escalate, the global food market is facing increasing volatility in logistics costs, energy prices, and supply chains. In the seafood sector, alongside ocean-caught products such as tuna, the surimi-based product group—including fish cakes, crab sticks, fish balls, and other imitation seafood products—has also been affected to some extent by these developments.
(seafood.vasep.com.vn) According to the 2026 brackish-water shrimp farming calendar issued by the Da Nang Department of Agriculture and Environment, the 2026 crop started in early January and is expected to harvest in late June. However, stocking progress has been slower than planned as farmers remain cautious, focusing on pond renovation and production preparations.
(seafood.vasep.com.vn) After the Lunar New Year of Binh Ngo 2026, commercial clam prices in Ha Tinh province surged sharply, nearly doubling compared to normal levels and standing about 20–30% higher than the same period last year. The spike has encouraged many aquaculture households to accelerate harvesting and sell large volumes to the market.
(seafood.vasep.com.vn) In January 2026, Vietnam’s shrimp exports reached USD 379.6 million, up 22% compared to the same period in 2025. The double-digit growth in the very first month of the year signals a relatively positive recovery in orders, particularly in Asian markets.
(seafood.vasep.com.vn) From the very beginning of 2026, India’s shrimp industry has received a series of favorable trade signals: U.S. reciprocal tariffs have been reduced, while the successful conclusion of a Free Trade Agreement (FTA) with the EU has opened prospects for eliminating nearly all seafood tariffs in the coming years. This shift not only enables Indian shrimp to quickly offset declines in the U.S. market, but also reshapes the global competitive landscape, placing greater pressure on Vietnamese shrimp exporters in terms of price, market share, and strategic positioning.
(seafood.vasep.com.vn) Entering 2026, Vietnam’s pangasius industry is recording many positive signals, both in terms of raw fish prices and export prospects. Export turnover this year is projected to reach approximately USD 2.3 billion. Amid ongoing volatility in the global market, diversifying export destinations, reducing dependence on major markets, and effectively leveraging free trade agreements (FTAs) are considered key to maintaining sustainable growth and creating new momentum for the pangasius sector.
(seafood.vasep.com.vn) With forecasts indicating that weather conditions in 2026 may become more complex—featuring prolonged heatwaves, unseasonal rains, and increased salinity intrusion—the agricultural sector of Can Tho City advises brackish water shrimp farmers to strictly follow the seasonal farming calendar and strengthen pond environmental management to minimize risks and improve production efficiency.
(seafood.vasep.com.vn) On February 4, a working delegation led by the Authority of Telecommunications (Ministry of Science and Technology) met with the Management Board of Cat Lo Fishing Port (Phuoc Thang Ward, Ho Chi Minh City) to comprehensively review the installation of Vessel Monitoring Systems (VMS), assess signal connectivity, and evaluate the effectiveness of information technology applications in fisheries management across the city.
(seafood.vasep.com.vn) The year 2025 marked a significant milestone for China’s lobster market, with total imports reaching a record high and the supply structure undergoing major changes. Amid this surge, Vietnam’s lobster exports—especially green lobster—accelerated dramatically, reaching new highs and contributing substantially to Vietnam’s overall record shrimp export value.
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