Frozen pangasius fillet product with code HS 0304 was still the main product exported to the UK market, the value in QII/2023 reached more than 15 million USD, down 15% compared to the same period last year. Total pangasius export turnover to the UK in the first 6 months of the year reached 33 million USD, recording a positive growth of 2.9% over the same period last year.
The average price of pangasius exports to the UK in the first 7 months of the year continuously fluctuated but always remained below 3.3 USD/kg. After dropping sharply in June to below 2.7 USD/kg, in July 2023 the price of pangasius exports to this market increased slightly to 2.8 USD/kg. In July 2023, the export volume to the UK reached more than 1.4 thousand tons, down 11% over the same period last year, up 5% over June and up 138% over January this year.
3 main important factors that will impact the consumption potential of the pangasius industry: sustainability, transparency, traceability
At the 2023 International Pangasius Outlook Forum within the framework of VIETFISH 2023, Mr. Arno Willemink - Operations Director of De Heus Vietnam presented 3 main important factors that will impact the consumption potential of the pangasius industry. Future investigations include sustainability, transparency and traceability issues. This trend will take place not only in main markets such as the US or EU but also other potential retail markets. Mr. Willemink said that pangasius at reasonable prices is gradually replacing naturally caught white-fish (if the fishing output remains stable, does not increase over the years).
In the first months of 2023, the UK is one of the few bright spots recording positive growth while most markets reduced imports of Vietnamese pangasius due to world fluctuations.
The biggest challenge for the UK economy and the pangasius export industry to this market is still high inflation
The biggest challenge for the UK economy and the pangasius export industry to this market is still high inflation. External conditions are unfavorable to British economic growth, when economic leaders in the region and the world such as Germany and China are still sluggish "going downhill" to escape the risk of recession; The Russia-Ukraine war and "headwinds" from economic sanctions from major countries are still creating obstacles to British economic growth.
Towards the 50th anniversary of diplomatic relations between the UK and Vietnam. Along with many commemorative activities, it demonstrates the long-term friendship and cooperation between the two countries and affirms that the relationship between the UK and Vietnam is at the highest level with a lot of potential in the coming years. It is expected that new steps in diplomatic relations between the two countries will open up more opportunities for Vietnamese seafood exports in general and pangasius exports in particular to the UK.
Compiled by Thuy Linh
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(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.
(seafood.vasep.com.vn) With a range of synchronized solutions, from institutional improvements and strengthened communication to strict fleet control, Quang Ninh is stepping up efforts to combat illegal, unreported and unregulated (IUU) fishing, determined to join the country in soon having the European Commission’s (EC) “yellow card” lifted.
(seafood.vasep.com.vn) The year 2025 closed with a remarkable milestone for Vietnam’s shrimp industry. According to Vietnam Customs, the country’s total shrimp export turnover in 2025 reached USD 4.6 billion, up 19% compared to 2024 and the highest level ever recorded.
(seafood.vasep.com.vn) During the 2026–2030 period, Quang Tri province aims to convert 771 fishing vessels currently engaged in activities detrimental to marine resources and the ecological environment to more environmentally friendly fishing practices or shift entirely to other economic sectors.
(seafood.vasep.com.vn) 2025 recorded a breakthrough growth in Vietnam’s tilapia exports, in which the U.S market emerging as the primary growth driver. The total export turnover of Vietnamese tilapia to the United States reached $53.15 million during the year, surging 173% year-on-year and accounting for 54% of Vietnam’s total tilapia export value, thereby making the U.S the largest import market for this commodity. Compared to 2024, tilapia exports to the U.S posted robust growth, reflecting the import demand as well as the ability of Vietnamese enterprises to capitalize on market opportunities amidst volatile global competitive dynamics.
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