According to data from Vietnam Customs, in January 2025, pangasius exports to the UK reached USD 4 million, reflecting a 30% decrease compared to the same period last year. This contraction in pangasius export turnover to the UK aligns with the broader trend of reduced pangasius imports across various markets, attributable to the extended Lunar New Year holiday in Vietnam during the first month of the year. Concurrently, the initial month of the year traditionally follows a period wherein nations expend considerable capital, in the trillions of USD, importing pangasius for stockpiling in anticipation of year-end festivities and seasonal celebrations in 2024.
The UK’s accession to CPTPP implies a reduction or elimination of tariffs, as committed under the CPTPP framework, thereby affording Vietnamese pangasius a price-based competitive advantage relative to non-CPTPP member competitors. Furthermore, CPTPP accession facilitates streamlined market access for pangasius exporting enterprises through the mitigation of trade barriers and the harmonization of standards. Vietnamese enterprises can also capitalize on the distribution networks and commercial partnerships of other CPTPP member countries. Whereas previously, Vietnam needed to meet UK quality standards, potentially distinct from those of other markets, which could entail elevated inspection and quality certification costs, quality standards are now harmonized within CPTPP. This harmonization serves to reduce expenditures and procedural complexities, enabling the leveraging of CPTPP quality certifications for exports to the UK. Technical barriers are also diminished due to regulatory harmonization within CPTPP, potentially facilitating technical support from CPTPP member nations to aid enterprise compliance. Moreover, Vietnamese pangasius exporting enterprises will be comparatively less susceptible to idiosyncratic UK market factors, as market diversification within CPTPP can mitigate risks.
However, the UK’s entry into CPTPP also intensifies competitive pressures between Vietnam and other CPTPP members, such as Canada, Australia, and Japan. Enterprises will necessitate vigilance in meeting elevated quality requirements and diversifying product offerings to satisfy market demands.
As one of the most comprehensive and dynamic free trade agreements globally, CPTPP presents substantial opportunities for economic growth and international collaboration. CPTPP presently comprises 11 member nations, accounting for 12% of global GDP.
Vietnamese merchandise exports to the UK currently possess a competitive advantage compared to exports from markets such as India, Indonesia, and Thailand, which lack FTAs with the UK. Nevertheless, to more effectively capitalize on tariff preferences afforded by this Agreement, enterprises must ensure the readiness and proactivity of raw material sourcing. Concurrently, prioritizing the enhancement of quality and supply capacity is crucial to augment market share within the UK market.
For further information pertaining to the pangasius sector, please consult: PANGASIUS SECTOR REPORT 2015-2024.
(seafood.vasep.com.vn) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
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