China - Hong Kong
In January 2021, Vietnam's pangasius exports to the Chinese market were affected due to the regulations on inspection of imported frozen foods to prevent corona infection of some Vietnam - China border gates, causing the export value of pangasius to increase. to this market decreased by 31.3% over the same period last year. However, from the end of February and the beginning of March 2021, the export value of pangasius to this market increased from 16.7 to 28% over the same period last year. Currently, pangasius exports to China - Hong Kong market have grown again. By the end of April 2021, the total value of pangasius exports to this market reached 117.2 million USD, accounting for nearly 24% of Vietnam's total pangasius export value and up 5.4% over the same period in 2020. China - Hong Kong returned to the leading position in the top of the largest pangasius export markets of Vietnamese enterprises.
The US
In April 2021, the export value of pangasius to the US increased sharply by 136% over the same period last year, reaching 30.3 million USD. By the end of April 2021, the total value of pangasius exports to this market reached US$102 million, up 36.7% over the same period last year. The average export price of pangasius to the US market in 2020 was lower than in 2019, but in the first quarter of 2021, the average price of frozen pangasius fillets exported to the US increased to 2.87 USD/kg. Since the end of 2020, the inventory of pangasius in the US has not been much, in addition, the domestic catfish production of this country has also decreased. Therefore, right from the beginning of this year, the US has increased imports of frozen pangasius.
Brazil and Thailand
In April 2021, the export value of pangasius to these two markets skyrocketed. This is beyond the expectations of many market experts in the pangasius industry because in 2020, the value of Vietnamese pangasius exports to Brazil and Thailand will be heavily affected by Covid. In this month, the export value to Brazil increased by 687%, and to Thailand also increased by 47% over the same period last year. By the end of April, the total value of pangasius exports to Brazil reached 22.3 million USD, to Thailand reached 21.2 million USD, up 38.7% and 8.5% respectively over the same period last year. The return of export growth to Thailand - the largest pangasius import market in ASEAN - is also a good signal to increase the value of pangasius exports to this region in the next quarter.
(seafood.vasep.com.vn) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.
(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.
(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.
(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.
(seafood.vasep.com.vn) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
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