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) 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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