Vietnam's pangasius export turnover to markets in December 2023 reached more than 158 million USD, an increase of 5% of proportion over the same period in 2022. This is also the second consecutive month that pangasius export value recorded an increase in 2023.
Regarding export markets, in 2023, China & HK had continued to be the largest import markets for pangasius from Vietnam. In 2023, pangasius exports to China & HK had reached nearly 573 million USD, down 20% compared to the same period in 2022. This market had increased imports of pangasius products since September 2023 and continuously recorded positive growth in the 2 consecutive months. However, in December 2023, pangasius export turnover to China decreased slightly by 2%, causing total exports to China & HK to decrease by 0.4% compared to the same period in 2022. According to China custom statistics, the first 11 months of the year In 2023, China imported about 154 thousand tons of pangasius, down 35% over the same period. Many agents in this country are starting to stockpile and import more pangasius products to meet demand before the 2024 Lunar New Year.
In December 2023, pangasius exports to the US for the first time recorded positive growth of 21% of proportion compared to the same period in 2022, after 11 consecutive months of decline. Export turnover to the US in the last month of 2023 reached nearly 20 million USD, down 15% compared to the previous month and only higher than January, February, and July 2023 - months that recorded a deep decline from 43% - 81%.
In 2023, the CPTPP market had imported nearly 249 million USD of pangasius from Vietnam, down 24% of proportion compared to 2022. CPTPP is also a market that had seen a deep decline in pangasius imports in 2023, but there are signs of growth returned in the last quarter of 2023. In December 2023, the value of pangasius exports to this market reached its highest level since the beginning of the year, a slight increase of 7% over the same period. After 5 years, the CPTPP agreement has opened more opportunities for Vietnamese pangasius to come closer to every meal of consumers in this market block.
In 2023, pangasius exports to four main markets had decreased significantly. Vietnamese seafood exports, including pangasius, had faced many difficulties such as economic recession, consumers limiting spending, large inventories and global inflation. However, with the flexible management of the Government and the efforts of the entire industry, Vietnamese pangasius products continue to conquer markets in 146 countries and territories around the world. In addition to the main product of pangasius fillets, by-products (dried pangasius maw, patties, breaded pangasius...) are popular in the US, China, Malaysia, and Singapore markets.
In 2024, the pangasius industry sets main goals as following: farming area reaches 5,700 hectares, commercial pangasius output reaches about 1.7 million tons, and export turnover is expected to reach 2 billion USD.
To achieve this goal, the entire industry needs to focus more on building strong brands and marketing campaigns to enhance the presence and reputation of Vietnamese pangasius in the international market; Promote pangasius products through international exhibitions and fairs, build a network of domestic and foreign partners and customers.
(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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