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 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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