The US market ranked top 1 in Vietnam's largest pangasius consumption market in 2015 and 2016. This time is 2 years after Vietnam - the United States established a comprehensive partnership in 2013. Since 2019, the US has remained the second largest pangasius import market after China & Hong Kong, accounting for about 22%.
As of August 15, 2023, Vietnamese pangasius exports to the US reached 169 million USD, down 59% over the same period last year. The US is not a very optimistic market for Vietnamese pangasius in the first months of this year due to inflation, economic decline, especially high inventory because this market imports a lot in the first half of 2022. This is also one of the main reasons why the US's pangasius import rate slowed down in the first months of this year.
The export price of Vietnamese pangasius to the US market fluctuated at 2.97 - 3.45 USD/kg in the first 6 months of this year
The export price of Vietnamese pangasius to the US market fluctuated at 2.97 - 3.45 USD/kg in the first 6 months of this year. Vietnam mainly exports frozen pangasius fillets; frozen pieces/cuts of pangasius; frozen breaded pangasius; Dried puffed pangasius and fried pangasius skin to the US market.
The top 3 leading enterprises in Vietnam exporting pangasius to the US include: Vinh Hoan, Bien Dong Seafood, Van Duc Tien Giang, accounting for 51%, 18%, and 11% of the value respectively.
On September 7, 2023, the US Federal Register (Federal Register) announced the preliminary results of the 19th administrative review (POR19) for Vietnamese frozen pangasius fillets exported to the US during the period (August 1, 2021 - July 31, 2022).
Accordingly, two Vietnamese pangasius export enterprises: Vinh Hoan Corp and Caseamex are mandatory defendants. Vinh Hoan Corp has a tax of 0, Caseamex has a tax of 0.14 USD/kg. Other businesses also enjoying a tax of 0.14 USD/kg are I.D.I CORP, Cafatex Seafood JSC, Loc Kim Chi Seafood JSC and Hung Vuong JSC. The preliminary tax rate of POR19 is reduced compared to the final results of the previous POR18.
Accordingly, two Vietnamese pangasius export enterprises: Vinh Hoan Corp and Caseamex are mandatory defendants.
During the year-end holiday season, inventory is gradually decreasing, and positive results after the FSIS inspection will create positive psychology for Vietnamese pangasius exporters to the US in the last months of the year.
After 28 years of Vietnam and the US establishing diplomatic relations (1995-2023) and 10 years of establishing Comprehensive Partnership (2013-2023), on the occasion of the State visit to Vietnam by US President Joe Biden, Vietnam and the US on September 10, 2023 announced to upgrade relations to the highest level of "Comprehensive Strategic Partnership". Accordingly, the two sides will develop their relationship comprehensively, in all important fields, and economic cooperation will be prioritized in the immediate future. It is expected that the new step in diplomatic relations between Vietnam and the US will open up opportunities for Vietnam's seafood export industry, including pangasius, to achieve more success, bringing the flavor of this delicious, nutritious and affordable price fish become more popular in this market.
Compiled Thuy Linh
(seafood.vasep.com.vn) Vinh Long Province is stepping up efforts to develop brackish water shrimp farming in a sustainable direction, identifying it as a key sector in its agricultural structure. In 2026, the province aims to reach around 71,300 hectares of shrimp farming, with an output of over 314,000 tons.
(seafood.vasep.com.vn) Ha Tinh Province is strengthening control over shrimp seed quality to minimize risks for the 2026 spring–summer farming season.
(seafood.vasep.com.vn) In February 2026, Vietnam’s pangasius exports reached USD 119 million, down slightly 5% year-on-year. However, thanks to strong performance in January, cumulative exports in the first two months of the year still reached USD 331 million, up 28% compared to the same period in 2025. Export activity slowed somewhat in February due to seasonal factors, particularly the Lunar New Year holiday, which disrupted production and shipments at many seafood processing enterprises.
(seafood.vasep.com.vn) Da Nang is accelerating the development of high-tech shrimp farming toward intensive production, disease control, and improved efficiency. Many shrimp farms have invested in automated environmental monitoring systems, continuously tracking indicators such as pH, dissolved oxygen, temperature, and salinity, enabling farmers to promptly adjust pond conditions and reduce disease risks.
(seafood.vasep.com.vn) The year 2025 is considered a turning point for Vietnam’s shrimp seed industry as the sector faces the need for strong transformation in technology, production management, and gradual self-sufficiency in broodstock supply. These factors are seen as key to improving seed quality and strengthening the competitiveness of the shrimp industry amid increasingly demanding market requirements.
(seafood.vasep.com.vn) In February 2026, Vietnam’s shrimp exports reached nearly USD 310 million, up 17% year-on-year. Cumulatively for the first two months of the year, shrimp export value totaled USD 690 million, an increase of 20% compared with the same period last year. Compared with the 22% growth recorded in January, the pace of increase in February slowed somewhat, reflecting seasonal factors as the Lunar New Year holiday partially disrupted processing and shipment activities. Nevertheless, the nearly 20% growth in the first two months indicates that shrimp orders from Vietnam are maintaining a more positive trend than in the same period last year.
(seafood.vasep.com.vn) According to the latest statistics for January 2026, Vietnam’s pangasius export value to major market blocs recorded encouraging growth compared with the same period last year, indicating that consumption demand is gradually recovering.
(seafood.vasep.com.vn) Vietnam’s seafood exports in February 2026 reached approximately USD 707 million, up 8% compared to the same period last year. Cumulatively, exports in the first two months of 2026 totaled USD 1.7 billion, an increase of 20.2% year-on-year. The results show that the sector’s recovery momentum has remained relatively solid following strong growth in January, although the pace slowed noticeably in February for several key products and major markets. Within the overall picture, shrimp continues to be the largest pillar, pangasius rebounds strongly, while tuna exports and the U.S. and Korean markets are sending signals that warrant closer monitoring. In March, seafood exports are expected to gain additional momentum from markets other than the U.S., potentially supporting stronger growth.
(seafood.vasep.com.vn) In the first months of 2026, fishing activities in Quang Tri province recorded many positive signals, with output reaching over 15,941 tons. This result not only demonstrates fishermen’s efforts to stay offshore but also reflects the effectiveness of management and support measures implemented by local authorities.
(seafood.vasep.com.vn) In the first months of 2026, IUU prevention models focused on communication and mobilizing fishermen to comply with fisheries laws and avoid encroaching on foreign waters—related to combating illegal, unreported, and unregulated (IUU) fishing—have been implemented in coastal localities of Lam Dong province and have delivered initial positive results.
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