Thailand, the UK, and Australia are the largest consumers of Vietnam’s value-added pangasius in H1 2024

News 09:08 05/08/2024
(seafood.vasep.com.vn) Vietnam’s value-added pangasius is one of the most preferred products in many markets, in addition to the main product of frozen pangasius fillets. In the first half of this year, Thailand, the UK, and Australia were recorded as the top 3 markets that consumed the largest volumes of Vietnam's value-added pangasius.

According to Vietnam Customs data, in Q2 2024, Vietnam's exports of value-added pangasius reached $9 million, up 43%; in the first half of this year, cumulative exports of this product reached $17 million, up 28% compared to the same period last year, accounting for 2% of the total pangasius exports from Vietnam to various markets.

Thailand was the largest consuming market for Vietnam's value-added pangasius in the first half of this year, with a value of over $3 million, up 4% compared to the same period last year, accounting for 19% of the total exports of this product to various markets. March 2024 recorded the highest monthly export value of value-added pangasius to Thailand, at over $800,000, up 86% compared to the same period in 2023. After increasing by one and a half times in April 2024, this market did not import value-added pangasius from Vietnam in May 2024. However, in June 2024, Thailand increased its imports again, doubling compared to the same period last year, reaching over $700,000.

Regarding the value-added pangasius of Vietnam, Thailand mainly imports frozen dried pangasius fingers, frozen fried breaded pangasius fillets, frozen fried breaded pangasius steak, frozen breaded pangasius slices, and frozen fried breaded pangasius fingers from Vietnam. Some Vietnam pangasius exporters to Thailand include: CP Vietnam Livestock Corporation – Frozen branch in Ben Tre (90% market share), Godaco (8% market share), Vinh Hoan, and Phi Long Import Export Company Limited

After Thailand, the UK is the second largest importer of Vietnamese value-added pangasius. In the first half of this year, exports of this product to the UK reached over $2 million, a 4% decrease compared to the same period of 2023. February 2024 was the month when this market consumed the most Vietnamese value-added pangasius, at over $500,000, a 56% increase compared to the same period.

In the value-added pangasius segment, in the first half of 2024, the UK mainly imported frozen breaded pangasius fillets (55% market share), and frozen breaded pangasius fillets (41% market share). The exporting companies to the UK in the first 6 months of the year were CP Vietnam Livestock Corporation – Frozen Branch in Ben Tre (55%), Vinh Hoan (41%), Godaco (2%), and Phu Thanh (2%).

In the first half of 2024, exports of value-added pangasius to Australia reached more than $2 million, a 40% increase compared to the same period in 2023. February 2024 was the month that this country consumed the most Vietnamese value-added pangasius in the first 6 months, with more than $500,000, nearly 17 times higher than February 2023.

Frozen breaded pangasius fillets and frozen fried breaded pangasius fillets are the two main products in the value-added pangasius segment favored by Australian consumers, accounting for 46% and 16% respectively of total pangasius exports to this market. The top Vietnamese exporters of value-added pangasius to Australia include Vinh Hoan (47%), Van Duc Tien Giang (28%), and SEAVINA (21%).

Vietnamese value-added pangasius products are gradually gaining popularity in many international markets, due to their diversity, ease of processing, richness, and deliciousness as a white-fleshed fish. Although the export value is still “modest” compared to the main product of frozen pangasius fillets, value-added pangasius still promises huge export potential if businesses can capitalize on the opportunities.

thailand the uk australia value-added pangasius vietnam

TIN MỚI CẬP NHẬT

Sustainable transformation needed for Vietnam’s strategic pangasius sector

 |  14:41 16/06/2026

(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.

Tilapia exports to Asia: Significant room remains for value-added products

 |  09:10 15/06/2026

(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.

Shrimp and pangasius continue to lead seafood exports.

 |  15:59 12/06/2026

(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.

Vietnam Food develops a green value chain from shrimp by-products

 |  10:40 11/06/2026

(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.

Vietnam Clean Seafood Corporation invests in a super-intensive shrimp farming zone in Can Tho

 |  10:24 10/06/2026

(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.

Vietnam’s seafood exports in the first five months of 2026 show positive growth, but second-half orders face uncertainties

 |  09:50 08/06/2026

(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.

VASEP published Report on Vietnam seafood exports in Q1/2026

 |  09:44 08/06/2026

(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.

Russia emerges as a new growth driver for Vietnamese tuna exports

 |  09:36 06/06/2026

(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.

Vietnamese pangasius: from export recovery to the need for upgrading the value chain

 |  09:24 04/06/2026

(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.

Vietnamese tilapia accelerates growth, creating opportunities to upgrade product structure

 |  09:20 02/06/2026

(seafood.vasep.com.vn) In the first four months of 2026, Vietnam’s tilapia exports reached USD 49 million, up 151% compared to the same period in 2025. This impressive growth reflects positive momentum in the tilapia sector, with Brazil emerging as a key driver of growth, while frozen tilapia fillets continued to be the industry's leading export product.

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

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC