In August 2023 alone, Vietnam pangasius exports to the US reached more than 25 million USD, down 24% over the same period in 2022, up 38% over the previous month. The decline compared to the same period last year has gradually narrowed since May 2023, the declines in May, June, July, and August were 53%, 51%, 43%, and 24% respectively.
The US is an important market and consumes a lot of Vietnam pangasius. However, in the first half of 2022, pangasius imports from Vietnam to the US increased sharply, causing inventories in the US to increase. Therefore, in the first months of 2023, Vietnam pangasius exports to the US continuously witnessed negative growth. The average price of pangasius exports to the US in August reached 2.92 USD/kg, down 44% compared to the same period last year. This is also the deepest decrease since the beginning of this year. This price decreased by 5% compared to the previous month. According to data from the World Trade Center (ITC), in the first 7 months of 2023, the US imported more than 1 billion USD of white meat fish from the world and imported more than 199 million USD from Vietnam. Vietnam accounts for 18% of the total import value of white fish products from the US. China is the largest supplier to the US, accounting for 45% of the market share. Vietnam pangasius still has a lot of room in the US market. At the 2023 international pangasius industry conference organized by VASEP within the framework of VIETFISH 2023 Exhibition, Mr. Arno Willemink - Operations Director of De Heus Vietnam said that pangasius at reasonable prices is gradually replacing meat fish. naturally mined white. This is a general trend that affects the consumption potential of the pangasius industry in the coming time. Positive results after the US FSIS inspection and preliminary results of the 19th anti-dumping tax administrative review (POR19) on Vietnam frozen pangasius fillets entering the US market from January 1 August 2021 to July 31, 2022, has helped create positive psychology for export businesses. In addition, the fact that President Joe Biden paid a state visit to Vietnam in September and upgraded relations with Vietnam to the highest level of "Comprehensive Strategic Partnership" will open up more opportunities. Association for Vietnam seafood, including pangasius, in this important consumer market.
(vasep.com.vn) Vietnam’s tuna exports sustained their upward trajectory in August 2026, though the pace remained modest at just 2%. The month saw divergent trends across key markets: the US maintained its leading position, Japan and Canada improved, Russia surged and the EU continued to experience a steep downturn. These developments suggest that exporters are entering the final months of the year amid a market environment marked by greater uncertainty.
(vasep.com.vn) Vietnam’s shrimp exports reached $3.3 billion in the first eight months of 2026, up 12% year on year. However, growth momentum is moderating and market divergece is becoming more pronounced, while the US and EU continue to present significant challenges. The latest insights from the Global shrimp forum 2026 (GSF 2026), held in early September, also indicate that the final months of the year will remain highly competitive as global supply continues to expand and buyers place greater emphasis on quality, product specifications, supply consistency and the ability to meet market-specific demand.
(vasep.com.vn) Vietnam’s pangasius exports continued to grow in August 2026, bringing total export value in the first eight months of the year to US$1.5 billion, up 10% year-on-year. August exports alone reached US$205 million, up 6%. However, market performance has become increasingly divergent, with China and Brazil posting positive growth while the U.S. continued to record a sharp decline.
(vasep.com.vn) Vietnam’s seafood exports reached US$1.14 billion in August 2026, up 6.4% year on year, bringing the total for the first eight months to more than US$8.0 billion, an increase of 11.9%. Monthly export value remained above US$1 billion, but August growth was only around half the rate recorded cumulatively through the first eight months. This indicates that the eight-month result was supported significantly by stronger performance in earlier months, while market conditions are entering a less predictable period.
(seafood.vasep.com.vn) Pangasius is attracting growing interest from Japanese seafood companies as prices of many traditional whitefish species remain high and supply becomes increasingly volatile. Notably, seafood group Kyokuyo has recently continued to feature pangasius among its priority products, highlighting its competitive pricing and stable supply.
(seafood.vasep.com.vn) As Vietnam’s tilapia industry searches for new growth opportunities, venturing into brackish-water aquaculture could unlock a formidable competitive moat. Bypassing the volume-and-price bloodbath against established global heavyweights, Vietnam could differentiate itself through high-quality tilapia products tailored to specific farming conditions and value-added market segments.
(seafood.vasep.com.vn) 2026 is rapidly shaping up to be a formidable stress test for Vietnamese pangasius exports to the United States. While exports to alternative markets maintain a resilient growth trajectory, the U.S market has declined significantly. In the first eight months of the year, pangasius exports to the U.S fell by nearly 14% year-on-year, with August alone recording a decline of more than 50%. The trend shows that difficulties in the U.S. market are not driven solely by weak consumer demand, but also by multiple layers of trade barriers that are intensifying simultaneously, particularly additional import tariffs, anti-dumping duties and growing protectionism for the domestic catfish industry.
(vasep.com.vn) Vietnam’s pangasius exports to Japan are showing positive signals in 2026, indicating that the market is opening up greater opportunities for pangasius products, particularly processed and value-added products. In the first seven months of 2026, Vietnam’s pangasius exports to Japan reached US$31 million, up 20% year-on-year. In July alone, export value reached approximately US$5 million, up 30%.
On July 22, 2026, the Government issued Decree No. 292/2026/ND-CP detailing certain articles and providing measures for the organization and implementation of the Law on Foreign Trade Management. The Decree takes effect on September 5, 2026, replacing Decree No. 69/2018/ND-CP.
(vasep.com.vn) Vietnamese pangasius producer Vinh Hoan has won the top prize at the 2026 Seafood Excellence Asia Awards for its Cured Panga Croquette, highlighting the growing potential of value-added pangasius products in international markets.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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