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) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
(seafood.vasep.com.vn) Amid the increasingly evident impacts of drought and saltwater intrusion, the shrimp-rice production model in Ca Mau province continues to prove itself as a viable direction, contributing to higher farmer incomes, improved soil conditions and the promotion of ecological and sustainable agricultural development.
(seafood.vasep.com.vn) The management of fishing vessels, monitoring of fishing activities, and handling of violations in the fisheries sector in Lam Dong province have continued to be implemented in a synchronized and stringent manner, contributing to raising awareness of legal compliance among fishermen and aiming to end illegal, unreported and unregulated (IUU) fishing.
(seafood.vasep.com.vn) Can Tho’s fishery industry sustained steady growth in 2025 with total aquatic and marine output reaching nearly 783,000 tons, fulfilling 100% of the annual target. Aquaculture, capture fisheries and fishing fleet management were further strengthened, aiming for sustainable development in the coming years.
(seafood.vasep.com.vn) In 2025, Vietnam’s pangasius export turnover reached nearly USD 2.2 billion, up 8% year-on-year. This result indicates that pangasius exports maintained their growth momentum despite significant volatility in the global market environment. In December 2025, pangasius export value reached USD 200 million, up 10% compared to December 2024. This solid performance in the final month of the year reflects increased import demand for consumption and inventory replenishment in key markets.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain experienced significant fluctuations. According to Vietnam Customs, during the first 11 months of 2025, export turnover for the first 11 months of the year edged up by 0.3% year-on-year, reaching nearly $15 million.
(seafood.vasep.com.vn) Deputy Prime Minister Bui Thanh Son has signed Decision No. 16/QD-TTg, dated January 5, 2026, approving the implementation plan for the Vietnam-Israel Free Trade Agreement (VIFTA). Under the plan, in the coming period, ministries, ministerial-level agencies, government-affiliated entities and People’s Committees of provinces and centrally-run cities must institutionalize and execute tasks focused on the dissemination of information regarding VIFTA and the Israeli market; legislative and institutional development, as well as enhancing competitiveness and human resource growth...
(seafood.vasep.com.vn) Beyond achieving double-digit growth, Vietnam’s fish cake and surimi exports are showing a notable year-end "inflection point": the EU his accelerating with nearly twofold growth, China & Hong Kong are rising sharply, while the largest market, South Korea, signaled a slowdown in November. According to Vietnam Customs data, export turnover of fish cake and surimi reached $327 million in the first 11 months of 2025, up 22% year-on-year; November 2025 alone accounted for $35 million, marking a 5% increase. This serves as a critical foundation for exporters to reassess market structures and competitive intensity while finalizing order strategies for 2026.
(seafood.vasep.com.vn) Ca Mau, widely regarded as the nation’s “shrimp capital”, continued its strong performance in 2025 as shrimp output reached nearly 600,000 tons, maintaining its position as Vietnam’s leading shrimp-producing locality.
(seafood.vasep.com.vn) On December 29, 2025, at the 2025 Pangasius Industry Review Conference held in Can Tho City, the Vietnam Pangasius Association announced that fingerling prices have surged to record levels due to acute supply shortages.
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