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) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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