Pangasius exports in February 2024 to markets witnessed negative growth from 35% to 56%. In February 2024, Vietnam's pangasius export volume decreased because Tet holiday coincided in this month, but the average price still increased due to some concerns about a lack of supply and positive market demand. In February 2024, the export volume of pangasius decreased by 36% over the same period last year, reaching more than 42 thousand tons and down 40% compared to January 2024.
Although export volume decreased, the average export price of pangasius increased by about 4% to 2.13 USD/kg. Pangasius export prices are expected to recover in 2024 thanks to increased demand from the US and EU. From the beginning of 2024, the EU announced a 13.7% tax on all Russian pollock products and third-country products originating from Russia. Since the end of December 2023, the US imposed a ban on importing seafood products processed in third countries but originating from Russia. Other pollock exporters also face new tax rates ranging from 4% to 7% higher than last year.
In February 2024, China and Hong Kong were still the largest consuming markets of Vietnamese pangasius; however, the export volume decreased sharply after reaching about 13 thousand tons in January 2024. The average export price to this market also decreased from November 2023 to February 2024; this price also decreased by 1.5% to 1.94 USD/kg.
In February 2024, the EU imported more than 3,000 tons from Vietnam, while the export price to this market still increased by 8.4% to 2.49 USD/kg.
Also in February 2024, the US increased imports of Vietnamese pangasius, reaching more than 6,000 tons. Pangasius's export price to this market is stable, increasing slightly by 0.8%, or about 2.66 USD/kg.
The ASEAN market also had a positive impact on Vietnam in February, with import volume increasing slightly, reaching nearly 6,000 tons, and the average export price increasing by 6.8% compared to January 2024 at 1.92 USD/kg.
After a strong price increase in January 2024, the Mexican market continued to increase prices in February 2024, with an increase of 7.8% to 2.32 USD/kg. However, in February 2024, this market reduced the volume of pangasius imports from Vietnam to nearly 1,000 tons.
Pangasius export price to the UK was considered stable from the beginning of 2024 at 3.12 USD/kg. However, the volume of Vietnamese pangasius exports to the UK in February 2024 decreased to about 740 tons.
For the Brazilian market, this country reduced imports of Vietnamese pangasius and reached nearly 2,000 tons in February 2024. Pangasius export price to this market simultaneously decreased by 0.7% to 2.67 USD/kg.
In February 2024, the export value of Vietnamese pangasius to markets almost decreased by double digits after increasing sharply in the previous month, mainly due to the Lunar New Year holiday. However, export prices generally still increase or remain stable.
In the first half of March 2024, pangasius export turnover to markets reached 74 million USD, down 18% over the same period. As of March 15, 2024, pangasius exports reached 329 million USD, almost unchanged compare to the same period in 2023.
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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
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Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
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