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
(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
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