In Q1/2025, frozen pangasius fillets under HS code 0304 remained Vietnam’s primary export product to the U.S. This segment generated USD 63 million in revenue, a slight decline of 1% from the same period in 2024, and accounted for 91% of the total pangasius export value to the U.S. Other Vietnamese pangasius products favored by American consumers include frozen fillets, frozen steak or chunk cuts, breaded frozen pangasius, puffed dried pangasius, and fried pangasius skin.
In the first three months of 2025, exports of dried pangasius and other frozen pangasius products (whole fish, chunk cuts, swim bladders, etc.) to the U.S. saw impressive growth of 75%, reaching over USD 1.4 million and accounting for 2% of the total export value.
Most notably, value-added (VA) pangasius exports from Vietnam to the U.S. recorded a dramatic surge in Q1/2025 — an eightfold increase (up 725%) over Q1/2024, reaching USD 5 million and making up 7% of total pangasius exports. American consumers are showing growing interest in value-added pangasius products from Vietnam, beyond the traditional frozen fillets. These compelling figures are providing strong momentum for Vietnamese exporters.
Vietnam’s value-added pangasius continues to gain ground in the U.S.
The average export price of pangasius to the U.S. in the first three months of 2025 consistently rose compared to the same period last year. January recorded the highest price, at USD 3.87/kg — up 47% from January 2024 — and also the highest price to the U.S. since early 2023.
According to the latest data from the International Trade Centre (ITC), in the first two months of 2025, the U.S. imported over USD 386 million worth of whitefish from global markets, up 18% year-on-year. Most of these imports were frozen fillet products under HS code 0304. The top item was frozen tilapia fillets (HS 030461), with import value reaching USD 103 million, up 49% and accounting for 27% of total whitefish imports. This was followed by frozen cod fillets (HS 030471) at USD 96 million (down 5%), representing 25%, and frozen catfish fillets (HS 030462) at USD 56 million, up 16% and accounting for 14%.
Vietnamese pangasius is also facing increasing pressure from new tariff policies imposed by President Trump. For Vietnam — a highly open economy that remains heavily dependent on international trade — any U.S. tariff shifts may trigger a domino effect, negatively impacting exports, including those of seafood and pangasius. It is hoped that pangasius export results in April 2025 will remain stable amid ongoing global economic volatility.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.
(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.
(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.
(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.
(seafood.vasep.com.vn) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
(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 impressive growth reflects positive momentum in the tilapia sector, with Brazil emerging as a key driver of growth, while frozen tilapia fillets continued to be the industry's leading export product.
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