Currently, in the CPTPP bloc, Canada is the second-largest export market for Vietnam’s pangasius enterprises. This is the seafood market with good prices and stable growth in North America. Traditionally, Canada had close trade relations with the US and China; the products were mainly from the sea. However, in the past 3 years, Canada’s importers began to seek and promote imports of aquaculture seafood products, including pangasius and tilapia.
So far, Canada has been a regular export market for more than 30 of Vietnam’s pangasius companies. Particularly, in QI/2022, the 3 pangasius exporters with the largest export value to this market are Vinh Hoan Corp; NTSF Seafoods, and TG Fishery.
In the past 2 years, Vietnam's pangasius exports to Canada have slowed down due to the impact of Covid-19. But in the first quarter of this year, pangasius exports to this market increased sharply again. The average export price of frozen pangasius fillets is relatively good, ranging from 3.15 to 3.35 USD/kg.
Compared to other markets in the CPTPP, Canada imports diverse products such as frozen pangasius fillets, frozen pangasius steak/portions, dried pangasius bubbles, whole butterfly pangasius, pangasius with curry sauce; pangasius with lemon parsley sauce; pangasius with ginger sauce.
Currently, Vietnamese pangasius is still competing with many other whitefish products in Canada, notably cod fish, haddock and tilapia products. However, in recent years, Vietnam’s pangasius products have been gradually taking up the market share of whitefish products.
Due to proximity and close trade relations, the US remains the most significant market of Canada's seafood trade. Therefore, both Canada's seafood exports and imports tend to be affected by changes in the US economy as well as in the US’ consumer demand and seafood trade policies.
At least in 2022, pangasius exports to the US are forecasted to be optimistic and this trend is similar to exports to Canada. Hence, Vietnam’s pangasius enterprises need to take advantage of this opportunity and further promote exports to Canada, the seafood import market with high prices in North America.
|
Top 10 Vietnam pangasius exporters to Canada, QI/1, 2022 |
|
|
No |
Exporters |
|
1 |
VINH HOAN CORP |
|
2 |
NTSF SEAFOODS |
|
3 |
TG FISHERY |
|
4 |
IDI CORP |
|
5 |
GODACO |
|
6 |
DATHACO |
|
7 |
BIEN DONG SEAFOOD |
|
8 |
HUNG VUONG CORP |
|
9 |
QUE KY FOODS CORP |
|
10 |
OCEAN GIFT FOODS |
Please subscribe to the Report on Vietnam's seafood exports to know information, quarterly seafood import and export data and forecast for export results in 2022.
Compiled by Phuong Linh
(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.
(vasep.com.vn) Vietnam’s tuna exports sustained their upward trajectory in August 2026, though the pace remained modest at just 2%. The month saw divergent trends across key markets: the US maintained its leading position, Japan and Canada improved, Russia surged and the EU continued to experience a steep downturn. These developments suggest that exporters are entering the final months of the year amid a market environment marked by greater uncertainty.
(seafood.vasep.com.vn) Congalsa has acquired the entire charter capital of Lenger Seafood Vietnam, giving it full ownership of the business and its Nam Dinh processing facility.
(seafood.vasep.com.vn) Ninh Binh Province is entering a peak period of action against illegal, unreported and unregulated (IUU) fishing, focusing on thoroughly addressing violations, closely monitoring fishing vessels at ports and preventing vessels from violating regulations and operating illegally in foreign waters ahead of the European Commission’s (EC) upcoming inspection in 2026.
(vasep.com.vn) The application of biotechnology in seed production is increasingly viewed as a strategic imperative to upgrade pangasius fingerling quality, optimize farming efficiency and anchor sustainable industry development.
(vasep.com.vn) On September 15, 2026, in Can Tho, VASEP and ASC jointly organized a training course titled “New ASC standards: updates and practical implementation guidance for farms, businesses and aquafeed mills”. Beyond briefing stakeholders on updated ASC requirements for aquaculture facilities and feed production, the workshop dedicated substantial floor time to directly addressing on-the-ground compliance bottlenecks encountered by Vietnamese enterprises.
(searfood.vasep.com.vn) Vietnam’s tilapia exports continued to post positive results in the first eight months of 2026, with total export value reaching US$90 million, up 43% year-on-year. However, exports in August alone stood at US$11 million, down 8%, reflecting uneven market developments. Brazil remained the leading market, while Japan recorded notable growth, opening up new opportunities for Vietnamese tilapia products.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.3 billion in the first eight months of 2026, up 12% year on year. However, growth has begun to slow and become more differentiated across markets, while the U.S. and EU continue to present significant challenges. The latest insights from the Global Shrimp Forum 2026 (GSF 2026), held in early September, also indicate that the final months of the year will remain highly competitive as global supply continues to expand and buyers increasingly focus on quality, product specifications, supply stability and the ability to meet market-specific demand.
(seafood.vasep.com.vn) In August 2026, Vietnam’s seafood exports reached $1.14 billion, up 6% year on year. Cumulative eight-month exports rose 11.8% to $8.00 billion, though momentum has cooled compared to the 12.8% growth seen through July. China - Hong Kong and ASEAN are offsetting weakness in the U.S, EU and partly Japan. This divergence will likely widen in Q4 as trade tariffs and traceability requirements directly weigh on new orders.
(seafood.vasep.com.vn) Vietnam–Russia relations are entering a new phase of cooperation, with a focus on expanding trade, investment and economic connectivity. Against this backdrop, tuna is emerging as one of the seafood products with significant growth potential in the Russian market. Export data for the first seven months of 2026 show strong growth in Vietnamese tuna exports to Russia. However, turning this momentum into sustainable market share will require businesses to address challenges related to logistics, payment and supply competition.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn