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.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s pangasius exports to the EU reached approximately $148 million, up 12% compared to the same period in 2025. In September 2026 alone, export turnover to this market hit $18 million, a 27% year-on-year increase. Despite diverging demand across member states, the EU remains a market with growth potential for Vietnamese pangasius, particularly as supplies of several traditional whitefish species face mounting pressure.
(seafood.vasep.com.vn) Vietnam’s tuna exports to the US are showing a clear recovery after a difficult start to the year. However, the rebound is taking place against a backdrop of declining US tuna imports and a shifting supply structure, posing new challenges for Vietnamese businesses.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s shrimp exports to Japan reached US$440.9 million, up 6.4% year on year. This result is noteworthy as Japan’s total shrimp imports continued to decline slightly and competition among suppliers intensified. Demand for convenience foods and processed products continues to create opportunities for Vietnamese exporters, but capitalizing on these opportunities requires stronger competitiveness and the ability to meet increasingly specific market requirements.
(vasep.com.vn) After slowing in the first months of the year, Vietnam’s tuna exports have shown a clear improvement since June 2026. However, behind September’s double-digit growth lies a notable reality: export value is recovering, but pressures from markets, trade policies, and competition among suppliers remain.
(vasep.com.vn) Vietnam’s pangasius export value reached US$1.7 billion in the first nine months of 2026, up 11% year on year. In September alone, exports totaled US$210 million, an increase of 16%. China, the United States, and Brazil were the three largest markets, accounting for 49% of total export value. While China and Brazil maintained their growth momentum, exports to the US remained below the level recorded in the same period last year.
(vasep.com.vn) On November 11, 2026, in Can Tho, the Vietnam Association of Seafood Exporters and Producers (VASEP) will organize the Vietnam Seafood Summit 2026 (VSS 2026) under the theme “Seafood Market Outlook 2027–2029: Opportunities and Headroom for Double-Digit Export Growth.”
(seafood.vasep.com.vn) Business leader Do Ngoc Tai, General Director of Tai Kim Anh Seafood Processing Joint Stock Company, was honored by the Vietnam Chamber of Commerce and Industry (VCCI) with the title “Outstanding Vietnamese Entrepreneur – Thanh Giong Cup 2026” at a ceremony celebrating Vietnam Entrepreneurs’ Day (October 13). The event took place on the evening of October 11, 2026, at the National Convention Center in Hanoi.
(vasep.com.vn) The global tilapia market is becoming increasingly segmented, not only among producing countries but also by product type and destination market. Supply is divided into groups with distinct competitive advantages: large volumes of whole fish and frozen fillets from Asia, high-value fresh fillets from Latin America, and substantial domestic consumption in several major producing countries.
(vasep.com.vn) Vietnam’s tuna exports to the UK grew in the first eight months of 2026, despite signs of slowing import demand in the market. However, sharp fluctuations in orders, competition from major suppliers, and new traceability requirements are creating challenges for Vietnamese exporters.
(seafood.vasep.com.vn) Vietnam is stepping up efforts to combat illegal fishing, protect marine ecosystems, expand digital monitoring, and develop science-based management to ensure the sea can support communities and the economy for generations to come.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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