Earlier this year, the demand for imports was slow, and the epidemic of Covid-19 just started to impact on the export of pangasius to this market. However, the magnitude of the exacerbations in most other markets became evident from the second quarter of 2020. In the 3 months of the second quarter, the export value to the four largest markets in the EU decreased for two consecutive digits. Trade activities were stalled because many countries were the center of the epidemic, including two major countries: Italy and Spain. Although the demand for food hoarding in many European countries has increased, the retail system and online sales have been better, import and export activities have been delayed due to the interruption of shipping systems and commercial transactions also suspended.
Those are the immediate expectations after the EU countries' trade and seafood business stabilize again. Also at this time, the export of Vietnamese pangasius to the EU is still decreasing, especially after the UK has left the EU. Before that, the UK was one of the potential pangasius export markets of Vietnam in Europe.
Currently, there are more than 30 companies exporting pangasius to the EU market, of which 20 companies exporting pangasius to the main market in the region, the Netherlands. NTSF SEAFOODS, Vinh VINH HOAN CORP, and VINH QUANG are the three companies with the largest pangasius export value to the Netherlands in the first 8 months of 2020.
During this time, Vietnam exported outstanding pangasius products such as Frozen breaded pangasius; frozen pangasius fillets, frozen pangasius slice cut/pieces, frozen marinated pangasius ... to the EU market.
|
Tax rate on pangasius products imported into the EU under EVFTA |
|||
|
HS code |
Description |
Basic tax |
Roadmap to reduce to 0% |
|
0302 72 00 |
-- Catfish (Pangasius spp., Silurus spp., Clarias spp., Ictalurus spp.) |
8 |
B3 |
|
0303 24 00 |
-- Catfish (Pangasius spp., Silurus spp., Clarias spp., Ictalurus spp.) |
8 |
B3 |
|
0304 62 00 |
-- Catfish (Pangasius spp., Silurus spp., Clarias spp., Ictalurus spp.) |
5.5 |
B3 |
|
1604 20 90 |
--- Of other fish |
14 |
B3 |
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
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(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
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(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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