In February 2024, pangasius exports witnessed negative growth in most markets and most product segments. Despite a double-digit decline, cumulative pangasius exports to markets by the end of February 2024 still increased by 6% over the same period and reached 255 million USD. This increase was mainly due to a record increase in export value in January 2024, when many markets increased imports to stock up for the Lunar New Year holiday.
Regarding the consumption market, China and Hong Kong were still the leading pangasius importers of Vietnam, with 23 million USD consumed in February 2024, down 65% compared to February 2023. In the first two months of this year, the value of pangasius exports to this market reached 75 million USD, down 4% compared to the same period in 2023. In February 2024, Truong Giang Seafood Joint Stock Company was Vietnam's largest exporter of exports to this market.
In February 2024, the US imported 16 million USD of pangasius from Vietnam, down 8% compared to February 2023. Cumulative pangasius exports to this market in the first 2 months of this year reached 34 million USD, up 25% over the same period last year, mainly thanks to the turnover of the previous month nearly doubling. Recently, the US Department of Commerce announced the final results of the 19th administrative review (POR 19) for Vietnamese frozen pangasius fillets exported to the US market in the period August 1, 2021–31, 2022. Accordingly, the general anti-dumping tax rate that DOC imposes on Vietnamese pangasius export enterprises in this review is 2.39 USD/kg. According to the final results of the POR19 review, Vinh Hoan Joint Stock Company is entitled to a tax rate of 0.00 USD/kg. The other 5 enterprises are: CASEAMEX, LOC KIM CHI SEAFOOD JSC, I.D.I INTERNATIONAL DEVELOPMENT AND INVESTMENT CORPORATION, HUNG VUONG PANGA and CAFATEX are subject to an anti-dumping tax of 0.18 USD/kg.
Pangasius export turnover to the CPTPP market in the first 2 months of this year surpassed the US and became the second largest market in Vietnamese pangasius consumption with 37 million USD, an increase of 19% over the same period last year. In February 2024 alone, this market block consumed nearly 13 million USD of pangasius, down 28% compared to February 2023. Canada stands out with a positive growth rate of 23%, while most other countries have reduced imports.
Difficulties and challenges remain, but positive information from the US market is also a good sign for Vietnamese pangasius exports soon.
(seafood.vasep.com.vn) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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