Among key markets, China and Hong Kong continued to take the lead, with USD 53 million in exports in September, accounting for 29% of the total and up 11% year-on-year. Meanwhile, exports to the U.S. reached USD 23 million, down 23%, though this market still made up 13% of total pangasius exports in September.
In the EU, pangasius export value in September was USD 14 million, a slight decline of 1% from the same month last year. Within the bloc, trends were mixed: Germany recorded a sharp 23% decrease, while Belgium posted an impressive 67% growth compared to September 2024, emerging as a bright spot that helped maintain overall growth in Europe.
Exports to CPTPP member markets reached USD 29 million in September, up 34% year-on-year. Within this bloc, Japan has become a promising destination, with exports totaling USD 34 million in the first nine months of 2025, up 14% thanks to stable demand and preferential tariffs under the CPTPP agreement.
In South America, Brazil remained the largest importer, with USD 10 million in September, down 16% from the same period last year. Despite the decline, Brazil continues to hold a strong position and is expected to post solid growth once Vietnam and Brazil conclude their ongoing FTA negotiations.
As of the end of September, exports of frozen pangasius fillets (HS code 0304) continued to dominate, reaching nearly USD 1.3 billion, equivalent to 98% of total pangasius exports, up 11% year-on-year. Meanwhile, exports of processed pangasius products (HS code 16) reached USD 39 million, up 23%, reflecting significant potential in the value-added segment, though this category still accounts for only about 2% of total exports.
Prices of pangasius fingerlings (30 fish/kg) surged to VND 55,000–58,000/kg, double the level seen at the beginning of the year, raising production costs. Experts noted that this price surge will likely impact export prices in Q4/2025, as processors ramp up raw fish purchases to fulfill year-end orders.
Overall, September 2025 marked a short-term adjustment phase for Vietnam’s pangasius industry after a steady growth period since early 2025. The slight month-on-month decline mainly reflected seasonal factors, as exporters still had inventory while consumer demand temporarily softened.
In the context of global market fluctuations, actively managing supply, strengthening value chain linkages, developing deeply processed products, and diversifying export markets will remain strategic priorities to help Vietnam’s pangasius industry sustain its stability — especially as global demand is expected to rebound in Q4 to serve the year-end festive season.
(seafood.vasep.com.vn) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
(seafood.vasep.com.vn) Amid the increasingly evident impacts of drought and saltwater intrusion, the shrimp-rice production model in Ca Mau province continues to prove itself as a viable direction, contributing to higher farmer incomes, improved soil conditions and the promotion of ecological and sustainable agricultural development.
(seafood.vasep.com.vn) The management of fishing vessels, monitoring of fishing activities, and handling of violations in the fisheries sector in Lam Dong province have continued to be implemented in a synchronized and stringent manner, contributing to raising awareness of legal compliance among fishermen and aiming to end illegal, unreported and unregulated (IUU) fishing.
(seafood.vasep.com.vn) Can Tho’s fishery industry sustained steady growth in 2025 with total aquatic and marine output reaching nearly 783,000 tons, fulfilling 100% of the annual target. Aquaculture, capture fisheries and fishing fleet management were further strengthened, aiming for sustainable development in the coming years.
(seafood.vasep.com.vn) In 2025, Vietnam’s pangasius export turnover reached nearly USD 2.2 billion, up 8% year-on-year. This result indicates that pangasius exports maintained their growth momentum despite significant volatility in the global market environment. In December 2025, pangasius export value reached USD 200 million, up 10% compared to December 2024. This solid performance in the final month of the year reflects increased import demand for consumption and inventory replenishment in key markets.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain experienced significant fluctuations. According to Vietnam Customs, during the first 11 months of 2025, export turnover for the first 11 months of the year edged up by 0.3% year-on-year, reaching nearly $15 million.
(seafood.vasep.com.vn) Deputy Prime Minister Bui Thanh Son has signed Decision No. 16/QD-TTg, dated January 5, 2026, approving the implementation plan for the Vietnam-Israel Free Trade Agreement (VIFTA). Under the plan, in the coming period, ministries, ministerial-level agencies, government-affiliated entities and People’s Committees of provinces and centrally-run cities must institutionalize and execute tasks focused on the dissemination of information regarding VIFTA and the Israeli market; legislative and institutional development, as well as enhancing competitiveness and human resource growth...
(seafood.vasep.com.vn) Beyond achieving double-digit growth, Vietnam’s fish cake and surimi exports are showing a notable year-end "inflection point": the EU his accelerating with nearly twofold growth, China & Hong Kong are rising sharply, while the largest market, South Korea, signaled a slowdown in November. According to Vietnam Customs data, export turnover of fish cake and surimi reached $327 million in the first 11 months of 2025, up 22% year-on-year; November 2025 alone accounted for $35 million, marking a 5% increase. This serves as a critical foundation for exporters to reassess market structures and competitive intensity while finalizing order strategies for 2026.
(seafood.vasep.com.vn) Ca Mau, widely regarded as the nation’s “shrimp capital”, continued its strong performance in 2025 as shrimp output reached nearly 600,000 tons, maintaining its position as Vietnam’s leading shrimp-producing locality.
(seafood.vasep.com.vn) On December 29, 2025, at the 2025 Pangasius Industry Review Conference held in Can Tho City, the Vietnam Pangasius Association announced that fingerling prices have surged to record levels due to acute supply shortages.
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