According to HS code data, HS03 pangasius accounted for 97.4% of Vietnam's total pangasius exports to global markets, reaching 808 million USD, an increase of 10%. Among these, frozen pangasius fillets (code 0304) saw a strong growth of 11%, continuing to be the main export driver. Processed pangasius products (HS code 06) accounted for only 2.6% but recorded a significant increase of 64%, indicating the potential for value increase through deep processing.
China & Hong Kong experienced a decline in imports of Vietnamese pangasius in May 2025 and throughout the first five months of 2025. However, they still remained the number-one consumption market. Exports of pangasius to China & Hong Kong in mid-Q2/2025 reached 46 million USD, a decrease of 8% compared to May 2024. The total export value to this market in the first five months of this year reached USD 196 million, down 4% year-on-year.
Vietnam’s pangasius exports to the U.S. in May 2025 reached 41 million USD, up 35% compared to May 2024. Total pangasius exports to the U.S. in the first five months of 2025 reached 142 million USD, up 7% compared to the same period in 2024.
Following the U.S., Brazil continued to show strong demand for Vietnamese pangasius, especially frozen fillets. In May 2025, exports to this South American country reached 16 million USD, doubling the value of May 2024. By the end of May 2025, pangasius exports to Brazil hit 80 million USD, up 73% year-on-year.
Exports to the EU also continued to show positive growth of 12%, reaching nearly 16 million USD in May 2025. The Netherlands remained the top importer of Vietnamese pangasius products within the EU. In May 2025 alone, exports to the Netherlands reached USD 5 million, up 26% year-on-year.
In May 2025, Mexico surpassed Thailand to become the fourth-largest single market for Vietnamese pangasius. Export value to Mexico in May 2025 reached USD 7 million, up 14% from May 2024. Cumulatively, exports to this CPTPP-supported market in the first five months of the year reached USD 28 million, up 6% year-on-year.
Overall, Vietnam’s pangasius exports in May and in the first five months of this year have started to show a slight adjustment. The country’s pangasius exports are clearly recovering in 2025, with expectations of double-digit growth. The U.S., Brazil, and CPTPP countries are the main destinations, while the EU requires close monitoring of policy and demand changes. Although China—the largest market for Vietnamese pangasius—has shown a slowdown in imports, the summer season is typically a high-consumption period for seafood, offering hope for demand recovery in this market. Market and product diversification strategies (especially deep processing, ready-to-eat packaging, and targeting niche markets) need to be further promoted.
(seafood.vasep.com.vn) In March 2026, Vietnam’s pangasius export value reached USD 182 million, up 1% compared to the same period in 2025. Cumulatively, exports in the first three months of 2026 totaled USD 514 million, an increase of 17% year-on-year, indicating that the growth momentum is being maintained despite signs of slowdown in some markets during March.
(seafood.vasep.com.vn) During peak heat periods, farmers raising pangasius, tilapia, and other freshwater fish in Dong Thap are implementing various technical measures to reduce risks and maintain stable production.
(seafood.vasep.com.vn) Japan continues to be one of Vietnam’s most important and stable shrimp markets. In recent years, shrimp exports to this market have fluctuated in line with Japan’s broader economic and consumption cycles, yet Japan remains a major, high-value destination with stringent standards.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain increased by 13% compared to 2024. This growth trend has continued into the first two months of 2026. According to Vietnam Customs statistics, export turnover to this market reached nearly USD 3 million in January–February 2026, up 101% year-on-year and significantly higher than the same period in 2024. This development indicates that Spain is once again becoming a notable destination for Vietnamese tuna amid strong demand for tuna raw materials and products in Europe.
(seafood.vasep.com.vn) The 2026 brackish water shrimp farming season in the Mekong Delta has started earlier than usual, mainly driven by positive market signals, as shrimp prices in 2025 remained high and supply was limited. Many enterprises and farms in Cần Thơ, Cà Mau, and Vĩnh Long have proactively stocked early to seize opportunities. By early 2026, stocking areas in many localities had reached a high proportion of planned targets, with intensive and high-tech farming models expanding rapidly.
(vasep.com.vn) Vietnam’s tilapia exports to the United States recorded remarkable growth in 2025, opening up major opportunities while also presenting considerable challenges. The U.S. remains the largest importer of Vietnamese tilapia fillets, with export turnover reaching USD 40 million—an increase of up to 499% compared to 2024. This impressive growth reflects strong demand in the U.S. market, as supply from competing countries such as China has been constrained by tariffs and rising production costs.
(seafood.vasep.com.vn) Pangasius remains a strategic export commodity in Vietnam’s seafood sector. Entering 2026, the industry faces a strong need to transition from volume-based growth to a value-driven development model, with a focus on quality, food safety, and sustainability.
(seafood.vasep.com.vn) Following damage caused by Storm No. 13 in late 2025, brackish water shrimp farming in Gia Lai is being rapidly restored. In key farming areas such as Tuy Phước and Tuy Phước Đông, farmers are focusing on rehabilitating ponds, repairing infrastructure, and treating the environment in preparation for the 2026 crop.
(seafood.vasep.com) Facing the decline in fishery resources, Vietnam is accelerating livelihood transitions for fishermen to reduce fishing pressure and move toward sustainable development. Marine fish stocks have dropped significantly from 4.82 million tons in 2000–2005 to 3.95 million tons in 2016–2020.
(seafood.vasep.com.vn) Vietnam’s shrimp industry is entering a period of strong transformation with the emergence of various high-tech farming models, helping improve productivity and competitiveness. Over the past 5–10 years, farming practices have shifted from traditional methods to intensive and super-intensive systems, featuring lined ponds, environmental sensors, automated feeding, and data management.
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