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) In recent years, Ninh Binh Province has intensified the application of science and technology in aquaculture in order to improve productivity, product quality, and economic efficiency.
(seafood.vasep.com.vn) In the first four months of 2026, Vietnam’s tilapia exports reached USD 49 million, up 151% compared to the same period in 2025. This figure reflects an emerging export sector that is taking advantage of market gaps created by global trade disruptions, while larger producers are adjusting their strategies.
On the afternoon of May 28, the People’s Committee of Ho Thi Ky Commune signed a memorandum of understanding with Minh Phu Certified Shrimp Social Co., Ltd. (a member of Minh Phu Seafood Corporation) on cooperation to develop a black tiger shrimp farming area meeting international certification standards during the 2026–2030 period in the commune.
(seafood.vasep.com.vn) The “Moringa Noodles Salad” product by Sa Giang Import-Export Corporation was honored as one of the “Top 10 Winning Products” at the THAIFEX – Anuga taste Innovation Show 2026, held as part of THAIFEX – Anuga Asia 2026 in Bangkok.
(seafood.vasep.com.vn) After a fairly strong upward trend in 2025, Vietnam’s clam exports entered 2026 with a mixed picture: strong growth at the beginning of the year, followed by a slowdown from March onward. According to Vietnam Customs data, Vietnam’s clam export turnover in the first four months of 2026 reached more than USD 38 million, up 2% compared to the same period in 2025.
(seafood.vasep.com.vn) Vietnam’s pangasius industry is facing new opportunities to expand its development space as many localities and businesses begin promoting marine farming models aimed at diversifying farming areas and adapting to climate change. However, for pangasius to truly “go offshore” and develop into a large-scale industry segment, significant challenges related to technology, broodstock, and markets still need to be addressed.
(seafood.vasep.com.vn) Vietnam’s tilapia exports in April 2026 reached USD 11 million, up 92% compared to the same period in 2025. This strong growth indicates that Vietnamese tilapia products are continuing to penetrate and expand rapidly in international markets. Cumulative export turnover in the first four months of 2026 reached USD 49 million, up 151% year-on-year.
(seafood.vasep.com) At VietShrimp Asia 2026, disease management trends in shrimp farming are shifting strongly from treatment-based approaches toward proactive prevention through environmental and pond ecosystem control.
(vasep.com.vn) After a period of strong growth, with export turnover reaching USD 38 million in Q1/2026 — up 174% year-on-year — the sector’s rapid expansion clearly reflects growing market opportunities.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s pangasius exports to the ASEAN bloc reached USD 44 million, up 7% compared to the same period in 2025. After falling to the lowest level of the quarter at USD 9 million in February — reflecting the seasonal slowdown in orders after the festive period — exports recovered strongly to USD 18 million in March, the highest monthly value of the quarter. This development shows that import demand for pangasius in ASEAN remains relatively stable despite short-term fluctuations.
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