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) On November 11, 2026, in Can Tho, the Vietnam Association of Seafood Exporters and Producers (VASEP) will organize the Vietnam Seafood Summit 2026 (VSS 2026) under the theme “Seafood Market Outlook 2027–2029: Opportunities and Headroom for Double-Digit Export Growth.”
(seafood.vasep.com.vn) Business leader Do Ngoc Tai, General Director of Tai Kim Anh Seafood Processing Joint Stock Company, was honored by the Vietnam Chamber of Commerce and Industry (VCCI) with the title “Outstanding Vietnamese Entrepreneur – Thanh Giong Cup 2026” at a ceremony celebrating Vietnam Entrepreneurs’ Day (October 13). The event took place on the evening of October 11, 2026, at the National Convention Center in Hanoi.
(vasep.com.vn) The global tilapia market is becoming increasingly segmented, not only among producing countries but also by product type and destination market. Supply is divided into groups with distinct competitive advantages: large volumes of whole fish and frozen fillets from Asia, high-value fresh fillets from Latin America, and substantial domestic consumption in several major producing countries.
(vasep.com.vn) Vietnam’s tuna exports to the UK grew in the first eight months of 2026, despite signs of slowing import demand in the market. However, sharp fluctuations in orders, competition from major suppliers, and new traceability requirements are creating challenges for Vietnamese exporters.
(seafood.vasep.com.vn) Vietnam is stepping up efforts to combat illegal fishing, protect marine ecosystems, expand digital monitoring, and develop science-based management to ensure the sea can support communities and the economy for generations to come.
(seafood.vasep.com.vn) The EU remains a critical market for Vietnamese shrimp; however, purchasing demand and import patterns are undergoing notable changes. According to Vietnam Customs data, as of September 15, 2026, Vietnam’s shrimp exports to the EU reached nearly $374 million, down 5% year-over-year and accounting for 10.7% of the country’s total shrimp export value. Meanwhile, the EU’s stotal shrimp imports through July 2026 contracted by 7% in volume, exhibiting divergent trends across Southern Europe, Northwestern Europe and Eastern Europe. These dynamics necessitate that Vietnamese enterprises closely monitor individualized market demand, rather than approaching the EU as a monolithic consumer block.
(seafood.vasep.com.vn) In the first eight months of 2026, Vietnam’s exports of surimi and fish cakes remained relatively stable year-over-year compared to 2025. Following a contraction in the initial months, export performance demonstrated improvement from June onward, peaking in August. However, the recovery has been uneven, characterized by divergent trends across major markets: robust growth was recorded in China, Japan, Malaysia, the United States, and Taiwan, whereas export volumes to South Korea, Indonesia, and select European markets contracted.
(seafood.vasep.com.vn) Pangasius remains one of Dong Thap’s key aquaculture species, with the province focusing on developing an integrated value chain covering seed production, commercial farming, deep processing and by-product utilization. The province is promoting high-tech, circular pangasius farming models featuring reduced water exchange and enhanced biosecurity, aiming to improve production efficiency and strengthen control over raw material quality.
(vasep.com.vn) Vietnam’s seafood exports in September 2026 are estimated at US$1.135 billion, up 11.9% year-on-year, bringing total exports in the first nine months of the year to US$9.103 billion, up 11.4%. Behind this double-digit growth, however, increasingly divergent market trends are emerging: China–Hong Kong and ASEAN posted strong growth, while the U.S., EU and Japan all recorded declines in September.
(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.
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