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.
(vasep.com.vn) Vietnam’s tuna exports reached USD 81 million in April 2026, down 6% compared to the same period in 2025. In the first four months of the year, export turnover totaled USD 289 million, down 4.8%. Although the overall export picture has yet to brighten significantly, market trends are becoming increasingly diversified rather than moving in a single direction.
(seafood.vasep.com.vn) Vietnam’s pangasius industry is undergoing strong restructuring starting from the broodstock and fingerling segment in order to improve productivity, quality, and export competitiveness. This is considered a critical foundation for the sustainable development of the industry amid rising production costs and increasingly stringent market requirements.
(seafood.vasep.com.vn) According to Vietnam Customs data, pangasius exports in April 2026 reached USD 206 million, up 18% compared to the same period in 2025 — marking another consecutive month of double-digit growth since the beginning of the year. Cumulative pangasius export turnover in the first four months of 2026 reached USD 720 million, up 17% year-on-year, reflecting the positive growth momentum of this key export product.
(seafood.vasep.com.vn) Vietnam’s shrimp exports in the first four months of 2026 maintained positive growth momentum, reaching approximately USD 1.5 billion, up 15% compared to the same period last year. However, behind this result lies diverging trends across markets, as the global shrimp industry continues to face pressure from inflation, high inventories, price competition, and increasing trade risks.
(seafood.vasep.com.vn) In Vinh Tuy commune (Kien Giang Province), many shrimp farmers are adopting bottom aeration systems and reporting clear economic benefits, helping increase income and reduce production risks.
(vasep.com.vn) In the first three months of 2026, Vietnam’s exports of crabs and other crustaceans reached more than USD 93 million, up 23% compared to the same period last year. The result shows that the sector is experiencing a fairly positive recovery, especially in its two key product groups: crabs and swimming crabs. However, behind the growth figures are several concerns: export markets remain highly concentrated, raw material supply is unstable, and trade barriers from the US and EU are becoming increasingly stringent.
(seafood.vasep.com.vn) In Ca Mau province, many farmers are transitioning from traditional methods to high-tech shrimp farming, adopting recirculating systems with minimal water exchange to improve efficiency and reduce risks. In Hung My commune alone, there are about 260 super-intensive shrimp farming households covering more than 265 hectares, playing a key role in local economic development.
(seafood.vasep.com.vn) In the first three months of 2026, Vietnam’s exports of fish cake and surimi reached USD 63 million, down 5% compared to the same period last year. Although total export value declined slightly due to decreases in some key markets, many other destinations continued to post strong growth, opening up room for this convenience-oriented processed segment in the coming quarters.
(seafood.vasep.com.vn) Favorable weather conditions in the early months of 2026 have brought encouraging signs for fisheries activities in Quang Tri. Output has grown steadily, contributing to improved livelihoods for local residents.
Entering 2026, Vietnam’s seafood industry is facing a period of both high expectations and mounting pressures. Following the positive recovery in 2025, production and export activities in Q1/2026 demonstrated the strong adaptability of Vietnam’s seafood business community amid continued global trade volatility, intensifying international competition, and increasingly stringent compliance requirements in import markets.
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