In June 2026, Vietnam’s pangasius exports to Brazil reached US$14 million, down 11% from the same period in 2025. In the first six months of the year, export value totaled US$88 million, down 6% year on year.
Monthly figures show fluctuations in Brazil’s import demand. After surging 47% in January, exports fell 34% in February and 41% in March. The market recovered in the second quarter, with exports rising 13% in April and 2% in May, before declining again by 11% in June. This pattern indicates that demand in Brazil remains present, but has yet to establish a stable growth trajectory.
Frozen fillets remain the leading product
The export structure shows that frozen fillets account for virtually all of Vietnam’s pangasius export value to Brazil. In the first half of the year, frozen pangasius fillets generated more than US$88 million, representing approximately 99% of total pangasius exports to the Brazilian market.
This confirms that frozen fillets remain the preferred choice among Brazilian importers and continue to be a clear strength of Vietnamese pangasius exporters in this market. The product benefits from convenience, ease of storage and compatibility with Brazil’s food distribution and processing systems.
Meanwhile, fresh, frozen or dried whole pangasius and cut portions have yet to establish a significant presence. In Q2 2026, exports of these products totaled only around US$9,000, accounting for just 0.1% of total export value. For the first six months as a whole, their value stood at approximately US$18,000.
Strong demand but cautious growth
Overall, Brazil remains a market with significant demand for Vietnamese frozen pangasius fillets, but first-half results indicate that growth is slowing. The 6% decline in H1 and 11% drop in June are signals that exporters should monitor closely, although they are not yet sufficient to confirm a long-term downward trend.
Going forward, frozen fillets are likely to remain the main pangasius product in Brazil. Vietnamese exporters will need to maintain their advantages in price, quality and supply stability, while also exploring processed and value-added products.
The very small share of whole fish and cut portions also indicates considerable room for product diversification in Brazil. Developing new product segments could help exporters reduce their dependence on frozen fillets while increasing the value of Vietnamese pangasius exports to the market.
(vasep.com.vn) Vietnam’s tilapia exports to the United States declined significantly in the first seven months of 2026. Cumulative export value reached US$18 million, down 42% from the same period in 2025. In July alone, exports amounted to just US$2 million, plunging 70%, indicating a clear slowdown in import demand from the US market.
(vasep.com.vn) At the seminar “Global Seafood Markets and the Future Workforce: Trends, Opportunities and Directions for the Sustainable Development of Vietnam’s Fisheries Sector,” held as part of VIETFISH 2026, Ms. Shirlene Maria Anthonysamy, Fisheries Officer (Markets) and GLOBEFISH Coordinator at the Food and Agriculture Organization of the United Nations (FAO), presented initiatives aimed at promoting youth participation in fisheries and aquaculture.
(vasep.com.vn) In the first seven months of 2026, Vietnam’s pangasius exports to the United States reached US$189 million, down 8% year-on-year. In July alone, export value reached US$22 million, down 28%. This trend indicates that U.S. demand for pangasius imports has remained relatively cautious this year, as importers tend to maintain moderate inventory levels and limit stockpiling.
(vasep.com.vn) After three days at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, the Vietnam International Fisheries Exhibition – VIETFISH 2026 – has successfully concluded, leaving a strong impression in terms of scale, visitor numbers, the quality of business connections, and innovative activities. With more than 14,000 m² of exhibition space, 335 companies, 568 booths, participation from representatives of 17 countries and territories, and nearly 15,000 visitors, VIETFISH 2026 has once again affirmed its role as an important meeting point for Vietnam’s and the global seafood industry.
(seafood.vasep.com.vn) Held as part of Vietfish 2026 from August 19–21 at SECC in Ho Chi Minh City, a series of five specialized seminars provided the seafood business community with updates on markets, technology, standards, human resources and cooperation opportunities. With the participation of experts, international organizations, government agencies and businesses from Vietnam and abroad, the seminars created an additional platform for professional exchange alongside the exhibition’s product showcases and business networking activities.
(seafood.vasep.com.vn) On the morning of August 19, 2026, the Vietnam International Seafood Exhibition – VIETFISH 2026 officially opened at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. With 568 booths representing 335 companies, alongside the presence of senior government officials, local authorities, diplomatic missions and international partners, VIETFISH 2026 kicks off three days of business networking, technology exchange and market engagement under the overarching theme “Innovation and Sustainability.”
The Vietnam Association of Seafood Exporters and Producers (VASEP) officially announces that the Vietnam International Seafood Exhibition (Vietfish 2026) will take place from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City.
(seafood.vasep.com.vn) Vietnam’s seafood exports recorded strong growth in the first half of 2026, but the performance was increasingly uneven across products, markets and enterprises. VASEP’s newly released premium report provides the detailed data and analysis needed to understand what lies behind the headline figures and prepare for the more challenging months ahead.
(seafood.vasep.com.vn) Brazil remains one of the key markets for Vietnamese pangasius in South America. However, exports to the market showed signs of slowing in the first half of 2026, while frozen pangasius fillets continued to account for the overwhelming majority of exports.
(seafood.vasep.com.vn) Marking 27 years of supporting Vietnam’s seafood industry, the Vietnam International Seafood Exhibition (VIETFISH 2026) will officially return from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, on its largest scale ever. Under the core theme “Innovation – Sustainability,” the event promises to provide a comprehensive picture of the transformation of Vietnam’s seafood industry toward greater value addition and sustainable development.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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