Despite recording an positive growth rate, the value of pangasius exports to CPTPP in October this year was not as high as in a few previous months (March and August 2023 recorded a turnover of 23.4 million USD and 23.3 million USD).
In October 2023, Vietnamese pangasius exports to the markets of CPTPP member countries showed positive growth for the first time after 9 months of decline, with turnover reaching more than 23 million USD, up 4% over the same period last year. The overall growth in October was contributed by turnover increases to two markets: Mexico and Canada.
In October 2023, Mexico still maintained its growth, continuing to be CPTPP leading market in importing pangasius from Vietnam, with more than 7 million USD, an increase of 10% compared to October 2022. This country's import value in the first month of the fourth quarter of 2023 is also the highest level since the beginning of this year.
By the end of October 2023, Mexico had purchased from Vietnam mainly frozen pangasius fillets with HS code 0304, accounting for 93% of the proportion, down 38% over the same period last year. In September and October 2023, sales of this product in Mexico grew positively by 36% and 12%, respectively, while the previous months had a double-digit decline.
Besides Mexico, Canada is also a country with impressive growth in October this year in importing Vietnamese pangasius. In October 2023 alone, Canada bought nearly 4 million USD of pangasius, an increase of 29% over the same period last year. Among them, frozen fillet products are still the most popular product segment in the country, with the second-largest area in the world. In October 2023, exports of frozen pangasius fillets to Canada reached 3 million USD, an increase of 20% over the same period. In the first 10 months of the year, Canada purchased nearly 27 million USD of this product, down 42% over the same period last year.
Other markets in the bloc, such as Singapore, Japan, Australia, etc., mostly still witnessed a decline in Vietnamese pangasius imports in October this year. The trend of pangasius exports to these markets is difficult to predict due to erratic increases and decreases. A typical example is Singapore, where pangasius exports to this market grew well in the first 3 months of the year, then reversed and decreased in the following months.
There is still a lot of room in the CPTPP market for Vietnamese seafood, including pangasius. Choosing to produce value-added goods and taking advantage of import tax incentives under the CPTPP Agreement can also be options for many businesses to both stabilize jobs for workers and take advantage of processing capacity.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).
(vasep.com.vn) Australia is emerging as one of the most stable and promising growth markets for Vietnamese shrimp. Amid global trade disruptions driven by geopolitical tensions—particularly conflicts in the Middle East—strengthening and expanding into stable markets like Australia has become increasingly important for Vietnam’s shrimp industry.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.
(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.
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.
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