From 2019 to 2023, seafood products, including pangasius, was among the top five exports from Vietnam to the US, alongside electronics, textiles, wood products, steel, and plastics. The US has consistently been one of the largest importers of Vietnamese seafood, especially pangasius. Therefore, the election of a new US president, accompanied by new policies, will significantly impact the future strategies of export companies.
Vietnamese seafood products have long been popular in the US market. Vietnam's annual seafood exports reach about $10 billion, with approximately 1.4-1.5 billion USD coming from exports to the US. Notably, Vietnamese pangasius is highly sought after, with the US. being its second-largest importer globally, after China. In 2022 and 2023, pangasius exports from Vietnam reached over 2.4 billion USD and 1.8 billion USD, respectively. Exports to the US during these years amounted to 527 million USD (22% share) and 271 million USD (15% share), respectively. Moreover, recent data from the International Trade Center (ITC) reveals that from February to August 2024, frozen pangasius fillets surpassed frozen tilapia fillets to become the most consumed whitefish product in the US, reflecting a consistent demand for Vietnamese pangasius.
Previously, according to the preliminary results of the 20th administrative review (POR 20), two mandatory respondent companies received an anti-dumping duty rate of $0.00/kg, while six other companies enjoyed for a separate rate of $0.00/kg. These preliminary results are positive for Vietnamese pangasius exporters, with all eight companies under review achieving a zero-duty rate, a decrease from the previous POR 19 rate, which ranged from $0.00/kg to $0.18/kg.
The impact of Trump's policies on Vietnam's pangasius export industry will be twofold. With his “America First” agenda, an increase in import tariffs by 10-20% on all countries, including Vietnam, could reduce the competitiveness of Vietnamese products compared to American domestic goods. On the other hand, if China faces higher tariffs, it could create opportunities for Vietnamese firms to export to the U.S. and gain a larger market share.
According to data from Vietnam Customs, in the first half of October 2024, Vietnam's pangasius exports to the US reached 19 million USD, an 89% increase compared to the same period last year. Cumulatively, exports to the U.S. up to October 15, 2024, amounted to 275 million USD, a 27% increase from the same period in 2023.
In the first nine months of this year, frozen fillets under HS code 0304 remained the primary pangasius product imported by the US from Vietnam, with a value of 245 million USD - up 21% year-over-year and accounting for 96% of the total share.
In contrast to the previous quarter, Q3/2024 saw a positive turnaround in the export of dried and other frozen pangasius products (whole fish, cut portions, fish bladders, etc.) to the US, with a value exceeding 1.3 million USD, marking a 76% year-over-year growth. Exports of these products reached over 3.2 million USD in the first nine months of 2024, increasing by 3% year-over-year and accounting for 1% of the total share.
Notably, in the first nine months of this year, value-added pangasius products exported to the US continued to record impressive growth, with nearly 8 million USD in value - an increase of 1,666% compared to the same period last year, accounting for 3% of the total pangasius export value to the US.
(seafood.vasep.com.vn) On July 9, 2026, the Embassy of Vietnam in Brazil organized the seminar titled “Sharing Information on Vietnam-Brazil Economic, Trade and Investment Relations in the First Half of 2026” to provide updates on bilateral cooperation and strengthen connections among government agencies, industry associations, and business communities of the two countries.
(seafood.vasep.com.vn) Seafood exports in the first 6 months of the year continued to be a bright spot with a total turnover of 5.7 billion USD, an increase of 11.4% compared to the same period last year. By commodity group, seafood is one of the three groups with a trade balance in the first 6 months of 2026 in a surplus state with 4.13 billion USD, an increase of 17%.
(seafood.vasep.com.vn) For many years, Vietnam’s seafood industry has been recognized as one of the country’s key export pillars. Products such as shrimp, pangasius, tuna, squid, octopus, and a wide range of other seafood have reached hundreds of markets worldwide. Yet behind these impressive export figures lies a significant challenge: a substantial share of Vietnam’s seafood export value still comes from minimally processed products, contract manufacturing, and raw material exports—segments characterized by low profit margins and high vulnerability to fluctuations in global prices.
(seafood.vasep.com.vn) In the context of a global economy shifting powerfully toward green and sustainable values, Vietfish 2026 is far more than just a commercial trade fair. It has become a strategic rendezvous and a "comprehensive ecosystem"—a convergence of value, knowledge, and sustainable growth opportunities for the entire industry chain.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to Colombia continued their strong upward momentum in May 2026. Export value to the market reached USD 4 million, up 24% compared to the same month in 2025. Cumulative exports in the first five months of 2026 totaled USD 24 million, an impressive 48% increase year-on-year.
(seafood.vasep.com.vn) Hai Phong's aquaculture sector is accelerating the adoption of high technologies in aquaculture to adapt to climate change, with red tilapia and tilapia identified as the key cultured species for priority development.
(vasep.com.vn) Vietnam’s seafood exports reached nearly US$1.1 billion in June 2026, up 21.0% year-on-year. Cumulative exports in the first half of 2026 totaled nearly US$5.8 billion, representing a 12.8% increase compared with the same period last year. Exports to China and Hong Kong continued to accelerate, while shipments to the United States rebounded strongly in June. In contrast, exports to the EU, Japan, and the Middle East remained sluggish or recorded slight declines.
(vasep.com.vn) Tilapia is playing an increasingly important role in Vietnam’s aquaculture sector, driven not only by growing market opportunities but also by its ability to meet increasingly stringent requirements on quality, food safety, and traceability. In practice, tilapia farming in Vietnam is not a spontaneous or loosely regulated activity; rather, it operates under a comprehensive legal and technical framework covering the entire value chain—from hatcheries and farming to processing and exports.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 1.9 billion in the first five months of 2026, up 12% compared with the same period last year. Amid continued volatility in the global seafood market, this result demonstrates that the shrimp sector has maintained positive growth momentum, supported by improving demand in several Asian markets, particularly China.
(seafood.vasep.com.vn) On June 16, the Department of Agriculture and Environment of Ca Mau Province announced that the locality has established a farming area code for nearly 30,400 hectares of mud crab aquaculture and granted export facility codes to five enterprises eligible to export mud crab officially to markets such as China, Cambodia, Singapore, and the United Arab Emirates (UAE).
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