Regarding the consumer market, in March 2024, China and Hong Kong bought more than 36 million USD from Vietnam, down 44% compared to March 2023 and up 56% compared to the previous month. In the first quarter of 2024, Vietnam exported nearly 112 million USD of pangasius to this market, down 22% compared to the same period last year. This decrease was mainly because, in February 2024, both Vietnam and China had the Lunar New Year holiday. China and Hong Kong continue to be the largest import markets for Vietnamese pangasius, accounting for 27% of the total value of Vietnam's exports to markets.
Behind China and Hong Kong, the US imported nearly 31 million USD of pangasius in March 2024, a slight increase of 0.03% compared to March 2023 and nearly double compared to February 2024. This was also the month that recorded the highest pangasius export value to the US since June 2023. Cumulative exports of Vietnamese pangasius to the US in the first 3 months of this year reached nearly 65 million USD, up 12% over the same period last year. The average price of pangasius exports to the US in the first months of this year has increased compared to the fourth quarter of 2023 but is still lower than the same period last year.
Pangasius export turnover to the US in the first quarter of this year was one of the positive signs for 2024 with new orders when inventory in this country is decreasing.
In March 2024, Vietnam exported nearly 22 million USD of pangasius to the CPTPP market, down 8% compared to March 2023. In the last month of QI/2024, some markets recorded positive growth in pangasius imports, including Brunei, Canada, Japan, New Zealand, Chile,... Notably, Mexico was the country that consumed the most pangasius in March 2024 in the bloc, with an import value from Vietnam of nearly 5 million USD, down 21% over the same period last year. Followed by Japan with more than 4 million USD, up 26% over the same period last year and up 129% over the previous month. In QI/2024, CPTPP consumed more than 59 million USD of pangasius, an increase of 8% over the same period.
In the context of inflation and war with a series of supply security risks, countries tend to look for products with stable supply and reasonable prices, such as Vietnamese pangasius.
(seafood.vasep.com.vn) Vietnam’s shrimp industry is entering a period of strong transformation with the emergence of various high-tech farming models, helping improve productivity and competitiveness. Over the past 5–10 years, farming practices have shifted from traditional methods to intensive and super-intensive systems, featuring lined ponds, environmental sensors, automated feeding, and data management.
(seafood.vasep.com.vn) With a focus on sustainable development, high-tech application, and climate change adaptation, An Giang Province aims to maintain its brackish water shrimp production in 2026 at a level equivalent to the previous year. Specifically, output is projected to reach over 155,510 tons, serving both domestic consumption and export processing, thereby sustaining the fisheries sector’s key role in the local economic structure.
(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).
(vasep.com.vn) Australia is emerging as one of the most stable and promising growth markets for Vietnamese shrimp. Amid global trade disruptions driven by geopolitical tensions—particularly conflicts in the Middle East—strengthening and expanding into stable markets like Australia has become increasingly important for Vietnam’s shrimp industry.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.
(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.
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