According to US Department of Commerce statistics, in the first 5 months of 2019, US catfish imports decreased in all suppliers (Vietnam, China, Thailand and Guyana). However, this country imported more pangasius from 2 new suppliers (Spain and Taiwan) compared to the previous quarter. In particular, Vietnam still accounted for 91.6 - 96% of total US imports of pangasius.
According to the International Trade Center (ITC), the US imported frozen tilapia fillets worth US $ 417 million from China in 2018. The second largest supplier was Indonesia, having the import value of around US $ US$41 million. However, since May 10, 2019, when the US officially raised the tax rate on imported seafood products from China from 10% to 25%, the shock of Chinese tilapia exports has slowed down the speed of China.
Tilapia is also the largest competitive product with Vietnam pangasius in the US market. According to statistics of the US Department of Commerce, by the end of June 2019, imports of frozen tilapia (Oreochromis Spp) from China fell by 13% in volume and 16% in value over the same period in 2018; Import of frozen NSPF tilapia from China also dropped by 28% in volume and 27% in value over the same period in 2018.
Businesses hope that the decrease in Chinese tilapia market share in the US shall create opportunities for Vietnam pangasius in this market. Having said that, in QII/2019, the export value of Vietnamese pangasius to the US dropped sharply by nearly 42% over the same period in 2018.
Moreover, according to ITC statistics, in the first 5 months of 2019, the US reduced imports of white meat, which not only Chinese tilapia but also pangasius products from Vietnam. In contrast, this country rose imports of white fish from Norway; Iceland; Canada, Chile, even climbed imports from Russia.
In QII/2019, Vietnamese enterprises exported mainly frozen pangasius fillets and frozen pangasius well trimmed to the US with prices ranging from US$1.01 - US$5.54/kg.
With the current export situation, it is predicted that in the last two quarters, pangasius export to the US market will be likely continue to decline.
(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.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(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.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(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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