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) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
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