Inflation in the UK is at a 40-year high and is almost the highest in European countries, consumption of high-priced food items is limited. Therefore, exports of shrimp, tuna and some marine fishes to the UK decreased sharply. Meanwhile, pangasius exports still maintained a growth rate of 16% because pangasius prices were affordable. Moreover the UK was short of white fish due to the ban on seafood from Russia, so pangasius became an alternative in the market, especially for the popular fish & chip industry.
In the UK, rising energy and raw materials costs are causing pressure and heavy damage to the fish & chip industry. According to a recent survey of 410 members of the National Federation of Fried Fish Producers (NFFF), gas and electricity prices have increased by 300%-500%. Europe's energy crisis worsened after Russia closed the Nordstream 1 gas pipeline. On September 5, gas prices in the UK increased by 35%. This situation puts fish & chip shops on the edge of corruption because the capital is under great pressure while prices of cod and haddock and other input costs such as potatoes, sunflower oil have all increased dramatically.
Vietnam pangasius would be a perfect alternative white fish in the UK
Regarding tariff advantages, the FTA with the UK (UKVFTA) has a mechanism to follow the EVFTA agreement with the EU, which means that pangasius has a roadmap to reduce tax to 0% after 3 years. Thus, by 2022, this product will almost be imported into the UK with a tax rate of 0%.
Seafood exports to the UK in the last months of the year are showing more positive signs than at the beginning of the year, especially for pangasius. In August, pangasius exports to the UK more than tripled over the same period last year, reaching over 7 million USD.
Accumulated in the first 8 months of the year, pangasius exports to the UK reached nearly 47 million USD, up 28% over the same period last year. In which, frozen pangasius fillets/cuts account for 79%, processed pangasius accounts for 17%, and whole pangasius accounts for 4%.
With such good growth momentum, Vietnam pangasius exports to the UK is forecasted to reach about $67 million in 2022, up 30% compared to 2021.
Compiled by Thuy Linh
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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