According to data from Vietnam Customs, the export value of value-added pangasius to the US exceeded $2 million in November 2024, marking a staggering 4,270% year-on-year increase (equivalent to 42 times higher) compared to November 2023. During the first 11 months of 2024, exports of these products to the US reached over $12 million, a 2,182% surge (equivalent to 21 times higher) compared to the same period last year.
This achievement represents the highest export value for value-added pangasius in the past decade since 2015. Previously, 2022 had recorded the highest value of pangasius exports to the US, driven by a surge in demand as the US reopened post-COVID-19, leading to significant import volumes during the first half of the year. However, the rapid surge in imports resulted in supply exceeding demand, leaving excess inventory throughout 2023. The subsequent economic downturn, declining consumer demand, and tightened spending further slowed the clearance of inventory, leading to a substantial drop in pangasius export value to the US in 2023. That year is considered the most challenging for Vietnam's pangasius export sector in a decade.
In the first 11 months of 2024, the US primarily imported value-added pangasius products from Vietnam under HS Code 16041990. These include frozen breaded pangasius fingers (25g size), breaded pangasius fillets, frozen breaded pangasius nuggets, and similar products. Exports under this code accounted for 99.9% of the total value-added pangasius export value to the US during this period, generating $12.4 million.
Five companies dominated exports under HS Code 16041990 to the US in the first 11 months of 2024. Van Duc Tien Giang led with a 74% share, followed by Bien Dong Seafood (13%), NTFS Seafood (12%), Vinh Hoan (2%), and SKYEX (0.0002%).
Other value-added pangasius products exported to the US include those under HS Code 16042099 (e.g., frozen pangasius skewers, crispy fried pangasius skin snacks); HS Code 16042030 (e.g., frozen boiled pangasius balls, frozen pangasius fish cakes); and HS Code 16042091 (e.g., frozen breaded and fried pangasius portions).
In addition to frozen fillets, which remain the primary export, value-added pangasius products should receive more robust promotion and strategic positioning in international markets. This approach is vital for strengthening the global presence of Vietnamese pangasius.
The outlook for 2025 appears promising, with expectations that the export value of value-added pangasius will build on the momentum of 2024 and achieve further growth.
(seafood.vasep.com.vn) In recent years, Ninh Binh Province has intensified the application of science and technology in aquaculture in order to improve productivity, product quality, and economic efficiency.
(seafood.vasep.com.vn) In the first four months of 2026, Vietnam’s tilapia exports reached USD 49 million, up 151% compared to the same period in 2025. This figure reflects an emerging export sector that is taking advantage of market gaps created by global trade disruptions, while larger producers are adjusting their strategies.
On the afternoon of May 28, the People’s Committee of Ho Thi Ky Commune signed a memorandum of understanding with Minh Phu Certified Shrimp Social Co., Ltd. (a member of Minh Phu Seafood Corporation) on cooperation to develop a black tiger shrimp farming area meeting international certification standards during the 2026–2030 period in the commune.
(seafood.vasep.com.vn) The “Moringa Noodles Salad” product by Sa Giang Import-Export Corporation was honored as one of the “Top 10 Winning Products” at the THAIFEX – Anuga taste Innovation Show 2026, held as part of THAIFEX – Anuga Asia 2026 in Bangkok.
(seafood.vasep.com.vn) After a fairly strong upward trend in 2025, Vietnam’s clam exports entered 2026 with a mixed picture: strong growth at the beginning of the year, followed by a slowdown from March onward. According to Vietnam Customs data, Vietnam’s clam export turnover in the first four months of 2026 reached more than USD 38 million, up 2% compared to the same period in 2025.
(seafood.vasep.com.vn) Vietnam’s pangasius industry is facing new opportunities to expand its development space as many localities and businesses begin promoting marine farming models aimed at diversifying farming areas and adapting to climate change. However, for pangasius to truly “go offshore” and develop into a large-scale industry segment, significant challenges related to technology, broodstock, and markets still need to be addressed.
(seafood.vasep.com.vn) Vietnam’s tilapia exports in April 2026 reached USD 11 million, up 92% compared to the same period in 2025. This strong growth indicates that Vietnamese tilapia products are continuing to penetrate and expand rapidly in international markets. Cumulative export turnover in the first four months of 2026 reached USD 49 million, up 151% year-on-year.
(seafood.vasep.com) At VietShrimp Asia 2026, disease management trends in shrimp farming are shifting strongly from treatment-based approaches toward proactive prevention through environmental and pond ecosystem control.
(vasep.com.vn) After a period of strong growth, with export turnover reaching USD 38 million in Q1/2026 — up 174% year-on-year — the sector’s rapid expansion clearly reflects growing market opportunities.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s pangasius exports to the ASEAN bloc reached USD 44 million, up 7% compared to the same period in 2025. After falling to the lowest level of the quarter at USD 9 million in February — reflecting the seasonal slowdown in orders after the festive period — exports recovered strongly to USD 18 million in March, the highest monthly value of the quarter. This development shows that import demand for pangasius in ASEAN remains relatively stable despite short-term fluctuations.
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