In January 2024, pangasius recorded strongest export growth among seafood sectors, up 97% over the same period in 2023. In particular, pangasius exports to China alone increased four times. Pangasius sales in China soared during the recent Lunar New Year holiday, a positive sign for this market. Before Tet, the general spending of Chinese consumers increased sharply, causing many pangasius importers to stockpile goods to ensure supply.
Besides, a new move by China also helps pangasius exports, which tend to be better in both price and volume because export enterprises focus more on official transactions. From February 1, 2024, goods imported through Dong Hung Port on the Vietnamese border faced a tax rate of 2.36%, according to China's new policy. This move aims to eliminate the price advantage of black market pangasius compared to legally imported fish.
According to a Chinese industry publication, unofficial pangasius imports accounted for about 24% of total imports in 2023 and jumped to 37% in December. The Chinese seafood industry also has confidence that other ports in Guangxi province will also apply new pangasius tax rates, possibly after the Lunar New Year holiday held from February 10 to 17. These trade measures follow Chinese President Xi Jinping's recent visit to Vietnam.
Pangasius consumption in the US market is also showing positive signs because the average export price has bottomed out. In December 2023, the average price of pangasius exports to the US was about 2.42 USD. This is the lowest level seen in many years. In January 2024, the average price of pangasius exports to the US bottomed out and increased to 2.64 USD/kg.
The export price of Vietnamese pangasius to the EU also recovered and bottomed out in December 2023, reaching about 2.28 USD/kg and it continued to maintain this price until January 2024. The adjustment in price and export value of pangasius to the EU shows signs of both positive price and volume from this market.
Many pangasius businesses believe that the increase in pangasius stocks to the ceiling on the afternoon of February 26, 2024, is a positive signal in the first months of 2024. It is expected that, with optimistic numbers from export turnover, recovery, and growth in the average export price of Vietnamese pangasius to markets, this will bring positive results for the whole year 2024.
(seafood.vasep.com.vn) On July 9, 2026, the Embassy of Vietnam in Brazil organized the seminar titled “Sharing Information on Vietnam-Brazil Economic, Trade and Investment Relations in the First Half of 2026” to provide updates on bilateral cooperation and strengthen connections among government agencies, industry associations, and business communities of the two countries.
(seafood.vasep.com.vn) Seafood exports in the first 6 months of the year continued to be a bright spot with a total turnover of 5.7 billion USD, an increase of 11.4% compared to the same period last year. By commodity group, seafood is one of the three groups with a trade balance in the first 6 months of 2026 in a surplus state with 4.13 billion USD, an increase of 17%.
(seafood.vasep.com.vn) For many years, Vietnam’s seafood industry has been recognized as one of the country’s key export pillars. Products such as shrimp, pangasius, tuna, squid, octopus, and a wide range of other seafood have reached hundreds of markets worldwide. Yet behind these impressive export figures lies a significant challenge: a substantial share of Vietnam’s seafood export value still comes from minimally processed products, contract manufacturing, and raw material exports—segments characterized by low profit margins and high vulnerability to fluctuations in global prices.
(seafood.vasep.com.vn) In the context of a global economy shifting powerfully toward green and sustainable values, Vietfish 2026 is far more than just a commercial trade fair. It has become a strategic rendezvous and a "comprehensive ecosystem"—a convergence of value, knowledge, and sustainable growth opportunities for the entire industry chain.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to Colombia continued their strong upward momentum in May 2026. Export value to the market reached USD 4 million, up 24% compared to the same month in 2025. Cumulative exports in the first five months of 2026 totaled USD 24 million, an impressive 48% increase year-on-year.
(seafood.vasep.com.vn) Hai Phong's aquaculture sector is accelerating the adoption of high technologies in aquaculture to adapt to climate change, with red tilapia and tilapia identified as the key cultured species for priority development.
(vasep.com.vn) Vietnam’s seafood exports reached nearly US$1.1 billion in June 2026, up 21.0% year-on-year. Cumulative exports in the first half of 2026 totaled nearly US$5.8 billion, representing a 12.8% increase compared with the same period last year. Exports to China and Hong Kong continued to accelerate, while shipments to the United States rebounded strongly in June. In contrast, exports to the EU, Japan, and the Middle East remained sluggish or recorded slight declines.
(vasep.com.vn) Tilapia is playing an increasingly important role in Vietnam’s aquaculture sector, driven not only by growing market opportunities but also by its ability to meet increasingly stringent requirements on quality, food safety, and traceability. In practice, tilapia farming in Vietnam is not a spontaneous or loosely regulated activity; rather, it operates under a comprehensive legal and technical framework covering the entire value chain—from hatcheries and farming to processing and exports.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 1.9 billion in the first five months of 2026, up 12% compared with the same period last year. Amid continued volatility in the global seafood market, this result demonstrates that the shrimp sector has maintained positive growth momentum, supported by improving demand in several Asian markets, particularly China.
(seafood.vasep.com.vn) On June 16, the Department of Agriculture and Environment of Ca Mau Province announced that the locality has established a farming area code for nearly 30,400 hectares of mud crab aquaculture and granted export facility codes to five enterprises eligible to export mud crab officially to markets such as China, Cambodia, Singapore, and the United Arab Emirates (UAE).
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