From May to July 2015, export value of pangasius to the market rose by 7.3-23.6% over the same period in 2014. However, sales in the 8 rest months of 2015 posted a deep dive.
According to the ITC, in 2015, the total import value of frozen seafood into Brazil registered a year-on-year slump of 23%. In particular, chilled/fresh/frozen finfish fillets (HS code 0304) dropped by 25% in value and 22% in volume; fresh and whole round fish (HS code 0302) downed 13% in value and 4% in volume; smoked fish and fishmeal (HS code 0305) fell 27% in value and 30% in volume compared to 2014.
Fresh/chilled/frozen fillets (HS code 0304) made up the largest share in the total import value of fresh/chilled/frozen seafood into Brazil. Followed by fish with HS code 0302 and HS code 0305.
In 2015, the import value of whitefish products into the market decreased. In which, imports of frozen pangasius and catfish fillets fell by 37%; frozen hake fillets dropped 18.6%; frozen Alaska pollock fillets down 4.2%; and frozen cod down 32.9% over the same period of 2014.
In the first two months of 2016, China and Vietnam were the largest suppliers for whitefish to Brazil. China increased supplying frozen Alaska pollock fillets; frozen hake fillets; and frozen cod to Brazilian market to compete with Vietnam pangasius.
In 2015, strength of the dollar made imports into Brazil decline sharply. The exchange rate between US dollar and Brazilian Real (BRL) at the end of 2015 was 4 BRL to 1 USD. Thus, exchange rate fluctuations affected not only Vietnam’s pangasius exports but also Chinese whitefish sales into this market. However, Brazilian economy and middle-class is increasingly growing, demands for these products go up. Thanks to that, in Dec 2015 and Jan-Mar 2016, Vietnam pangasius export to Brazil soared.
|
HS code |
Products |
QI |
QII |
QIII |
QIV |
2015 |
2014 |
Variation (%) |
|
030462 |
Frozen pangasius and catfish fillets |
9,480 |
7,093 |
21,763 |
18,242 |
56,578 |
89,869 |
-37.0 |
|
030474 |
Frozen hake fillets |
28,089 |
17,171 |
13,666 |
17,469 |
76,395 |
93,876 |
-18.6 |
|
030475 |
Frozen Alaska pollock fillets |
50,529 |
7,675 |
4,918 |
11,764 |
74,886 |
78,159 |
-4.2 |
|
030363 |
Frozen cod |
16,422 |
2,804 |
4,543 |
9,782 |
33,551 |
49,977 |
-32.9 |
|
030471 |
Frozen cod fillets |
7,736 |
3,866 |
2,178 |
1,858 |
15,638 |
20,323 |
-23.1 |
|
030366 |
Frozen hake |
830 |
1,092 |
510 |
398 |
2,830 |
4,154 |
-31.9 |
|
030324 |
Frozen pangasius and catfish |
- |
11 |
402 |
152 |
565 |
1,324 |
-57.3 |
|
030432 |
Fresh/chilled pangasius and catfish fillets |
- |
- |
- |
15 |
15 |
354 |
-95.8 |
|
030367 |
Frozen Alaska pollock |
360 |
397 |
- |
10 |
767 |
446 |
72.0 |
Compiled by Dieu Thuy
(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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