In August 2023, pangasius exports to Canada reached nearly 4 million USD, down 4% compared to the same period last year. This is the highest value of pangasius exports achieved to this market since the beginning of the year, an increase of 20% compared to the previous month. The 4% decrease is also the lowest decrease since the beginning of this year for this North American country when in previous months Canada saw double-digit negative growth from 30% - 46%.
Canada continuously ranks No.2 in the CPTPP bloc in importing Vietnamese pangasius, second only to Mexico. Compared to other markets in the same block, Canada imports quite a variety of pangasius products from Vietnam such as: frozen pangasius fillets, frozen pangasius slices/rings/chunks, dried pangasius bladders, and whole pangasius fish, butterfly, pangasius and Thai red curry sauce; pangasius with lemon parsley sauce; pangasius with ginger soy sauce...products with HS code 0304, especially people in this country with the second largest area in the world are very fond of dishes from pangasius fillets and frozen pangasius with HS code 030462. According to the World Trade Center (ITC), in the first 6 months of 2023, Canada imported more than 10 million USD, and nearly 1 million USD for HS 30324 pangasius fillets and fresh/marinated pangasius fillets, respectively. cold HS 030432.
In Canada, Vietnamese pangasius still has to compete with many other white fish products, notably cod, haddock, and tilapia. Also according to ITC, by the end of June 2023, Canada imported 14 million USD of white meat fish from Vietnam while importing 125 million USD of white meat fish products from the world. Vietnam accounts for only 11% of the total white meat fish consumed in this country.
Canada is a seafood market with good prices and stable growth in North America. This CPTPP country also has a close and intimate trade relationship with two markets, the US and China, mainly with products exploited from the sea. The US remains the market with the greatest influence on Canada's seafood trade due to very close trade relations and the longest common border in the world. The event of US President Joe Biden's state visit to Vietnam also upgraded Vietnam - US relations to "Comprehensive strategic partnership" along with the increasingly developing bilateral relationship between Vietnam and Canada. also opens up expectations about the potential for developing the pangasius export industry to this market
(vasep.com.vn) Vietnam’s tuna exports sustained their upward trajectory in August 2026, though the pace remained modest at just 2%. The month saw divergent trends across key markets: the US maintained its leading position, Japan and Canada improved, Russia surged and the EU continued to experience a steep downturn. These developments suggest that exporters are entering the final months of the year amid a market environment marked by greater uncertainty.
(vasep.com.vn) Vietnam’s shrimp exports reached $3.3 billion in the first eight months of 2026, up 12% year on year. However, growth momentum is moderating and market divergece is becoming more pronounced, while the US and EU continue to present significant challenges. The latest insights from the Global shrimp forum 2026 (GSF 2026), held in early September, also indicate that the final months of the year will remain highly competitive as global supply continues to expand and buyers place greater emphasis on quality, product specifications, supply consistency and the ability to meet market-specific demand.
(vasep.com.vn) Vietnam’s pangasius exports continued to grow in August 2026, bringing total export value in the first eight months of the year to US$1.5 billion, up 10% year-on-year. August exports alone reached US$205 million, up 6%. However, market performance has become increasingly divergent, with China and Brazil posting positive growth while the U.S. continued to record a sharp decline.
(vasep.com.vn) Vietnam’s seafood exports reached US$1.14 billion in August 2026, up 6.4% year on year, bringing the total for the first eight months to more than US$8.0 billion, an increase of 11.9%. Monthly export value remained above US$1 billion, but August growth was only around half the rate recorded cumulatively through the first eight months. This indicates that the eight-month result was supported significantly by stronger performance in earlier months, while market conditions are entering a less predictable period.
(seafood.vasep.com.vn) Pangasius is attracting growing interest from Japanese seafood companies as prices of many traditional whitefish species remain high and supply becomes increasingly volatile. Notably, seafood group Kyokuyo has recently continued to feature pangasius among its priority products, highlighting its competitive pricing and stable supply.
(seafood.vasep.com.vn) As Vietnam’s tilapia industry searches for new growth opportunities, venturing into brackish-water aquaculture could unlock a formidable competitive moat. Bypassing the volume-and-price bloodbath against established global heavyweights, Vietnam could differentiate itself through high-quality tilapia products tailored to specific farming conditions and value-added market segments.
(seafood.vasep.com.vn) 2026 is rapidly shaping up to be a formidable stress test for Vietnamese pangasius exports to the United States. While exports to alternative markets maintain a resilient growth trajectory, the U.S market has declined significantly. In the first eight months of the year, pangasius exports to the U.S fell by nearly 14% year-on-year, with August alone recording a decline of more than 50%. The trend shows that difficulties in the U.S. market are not driven solely by weak consumer demand, but also by multiple layers of trade barriers that are intensifying simultaneously, particularly additional import tariffs, anti-dumping duties and growing protectionism for the domestic catfish industry.
(vasep.com.vn) Vietnam’s pangasius exports to Japan are showing positive signals in 2026, indicating that the market is opening up greater opportunities for pangasius products, particularly processed and value-added products. In the first seven months of 2026, Vietnam’s pangasius exports to Japan reached US$31 million, up 20% year-on-year. In July alone, export value reached approximately US$5 million, up 30%.
On July 22, 2026, the Government issued Decree No. 292/2026/ND-CP detailing certain articles and providing measures for the organization and implementation of the Law on Foreign Trade Management. The Decree takes effect on September 5, 2026, replacing Decree No. 69/2018/ND-CP.
(vasep.com.vn) Vietnamese pangasius producer Vinh Hoan has won the top prize at the 2026 Seafood Excellence Asia Awards for its Cured Panga Croquette, highlighting the growing potential of value-added pangasius products in international markets.
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