The value of Vietnamese pangasius exports to Canada showed a positive recovery in the first three quarters of 2024, marked by continuous growth. March 2024 recorded the highest export value, surpassing 4 million USD, a 21% increase over March 2023. However, after several months of growth, pangasius imports from Vietnam to Canada dipped in both April and August 2024, with export values falling to 3 million USD—down 17% compared to the same months in 2023. Despite these drops, exports rebounded in the following months.
Canada primarily imports frozen pangasius fillets from Vietnam. In the third quarter of 2024, exports of frozen pangasius fillets to Canada totaled 9 million USD, a 6% decrease compared to the same period in 2023. In total, Vietnam exported over 26 million USD worth of frozen pangasius fillets to Canada in the first nine months of 2024, a 10% increase year-over-year. This growth was largely driven by strong exports in the first quarter of the year, which accounted for 86% of the total pangasius export value to this market.
In addition, exports of other dried and frozen fish products (such as whole, sliced, and frozen fish) saw a significant 56% increase in the first nine months of 2024, with a total export value of 4 million USD. This growth was especially driven by a strong surge in the third quarter. In July 2024, the export value of these products reached its highest point at 770 thousand USD, reflecting a 71% year-over-year increase.
The export of value-added pangasius products to Canada has been more volatile. In February 2024, exports of value-added pangasius products were almost non-existent. However, in July 2024, this category saw a dramatic spike, with exports reaching over 158 thousand USD—a 425% increase compared to July 2023. By September 2024, exports of value-added pangasius products had fallen to just 7,000 USD, a 75% decrease from the same month in 2023.
According to data from the International Trade Centre (ITC), Canada’s largest import of frozen pangasius fillets (HS code 030462) in the first eight months of 2024 was nearly 7,000 tons, reflecting a 49% year-over-year increase and accounting for 19% of Canada's total white fish imports. Vietnam remains the largest supplier of frozen pangasius fillets to Canada. Other key white fish imports to Canada in the same period included frozen cod (HS code 030363) at over 5,000 tons (down 38%), frozen haddock fillets (HS code 030472) at over 3,600 tons (up 13%), and frozen Alaska pollock fillets (HS code 030475) at over 3,500 tons (up 120%).
Pangasius exports to Canada have been bolstered by trade agreements under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), with the Vietnam-Canada economic relationship serving as one of the most effective models for CPTPP implementation. However, Canadian consumers are becoming increasingly selective about the seafood they purchase, demanding high standards of quality, food safety, hygiene, labeling, and environmental sustainability.
To deepen their presence in the Canadian market, Vietnamese enterprises must stay well-informed of both federal and provincial regulations. Adapting to Canadian market trends, including the preferences of niche consumer segments, will be crucial. Canadian consumers are often open to trying new products, particularly if they are competitively priced.
(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.
(seafood.vasep.com.vn) While Vietnam’s shrimp exports to the EU maintained positive growth momentum in 2025, several new regulations related to animal welfare are transitioning from “ethical recommendations” to mandatory requirements, likely reshaping the shrimp supply chain for this market from 2026 onwards.
(seafood.vasep.com.vn) Vietnam’s seafood exports reached $989.5 million in November 2025, up 64.6% year-on-year. The robust monthly performance played a pivotal role in driving the total export turnover for the first 11 months of 2025 to $10.5 billion, representing a 19% increase compared with the same period in 2024.
(vasep.com.vn) Vietnam’s crab exports reached USD 81 million in the first 11 months of 2025, with the United States accounting for more than 82% of total value. While newly imposed reciprocal tariffs and the enforcement of provisions under the U.S. Marine Mammal Protection Act (MMPA) pose significant challenges for Vietnam, the European Union is emerging as a promising growth market.
(seafood.vasep.com.vn) The Ca Mau Department of Agriculture and Environment has recently issued a plan to develop specialized crab raw material zones serving official export channels, covering a scale of around 50,000 hectares. This marks a significant shift in the sea crab industry towards professional production aligned with market requirements.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn
