In January 2024, Vietnam's pangasius exports reached 165 million USD, nearly doubling over the same period last year. In particular, the main markets consuming the most pangasius all recorded positive growth, such as the US, China, Hong Kong, EU, CPTPP...
The main pangasius product exported in January 2024 is still frozen fillets, with a value of more than 131 million USD, an increase of 87% over the same period in 2023, accounting for 80% of the proportion.
Regarding the consumption market, in the first month of 2024, China and Hong Kong continue to be the largest import markets for pangasius from Vietnam. Pangasius export turnover to this market in January 2024 reached 52 million USD, an increase of nearly 4 times compared to January 2023 and an increase of 65% compared to January 2022. The value of pangasius exports to China and Hong Kong in the first month of 2024 accounts for 32% of the total pangasius exports to markets. Notably, in the first month of this year, exports of frozen or dried pangasius products (HS code 03) (except fish HS code 0304) to China increased 6.5 times compared to the same period last year. This value is even higher than the export value of frozen pangasius fillets under HS code 0304 (except fish cakes and surimi products), which will be the main product on this market in January 2023.
In January 2024, the US bought 18 million USD of Vietnamese pangasius, an increase of 83% over the same period last year. In the first month of this year, the US increased imports of most Vietnamese pangasius products. Although the export value of processed pangasius products to the US is still modest, the export turnover of this product recorded an increase of 18 times compared to the same period last year to 295 thousand USD. This market consumed more than 17 million USD of frozen pangasius fillets in January 2024, an increase of 81% compared to January 2023.
The EU market bought nearly 13 million USD of pangasius from Vietnam, up 20% over the same period last year. In particular, the Netherlands is still the leading country in Vietnamese pangasius consumption, with nearly 4 million USD, an increase of 16% over the same period. In addition, some markets in the bloc also recorded positive growth in Vietnamese pangasius imports, including Hungary, which increased 4 times, Spain, France, and Slovenia, which increased about 2.5 times...
Pangasius export turnover in the first month of 2024 is considered quite positive after a continuous decline in 2023. The US and China will be markets with prospects of recovery in 2024 due to reduced inventory, and demand will continue to increase. Inflation "cools down," and spending ability in the US is expected to improve compared to before. The pangasius market in China is expected to be more "exciting" thanks to the Chinese government's policies to support the real estate market and stimulate consumption in the first half of 2024.
However, world fluctuations will continue to affect Vietnam's pangasius exports. Typically, tensions in the Red Sea are causing many difficulties in the process of transporting export goods in general and seafood products in particular when shipping costs increase. Rising selling prices for consumers will greatly affect their purchasing decisions.
(seafood.vasep.com.vn) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(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.
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