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.
(seafood.vasep.com.vn) On October 31, 2026, in Hanoi, Sa Giang Import-Export Corporation, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), was awarded the Top 30 Outstanding Cultural and Reputable Enterprises of 2026 certificate by the Vietnam Chamber of Commerce and Industry (VCCI). This group represents the most distinguished companies among the 100 enterprises honored at the “Cultural and Reputable Enterprises 2026” announcement ceremony.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s pangasius exports to the EU reached approximately $148 million, up 12% compared to the same period in 2025. In September 2026 alone, export turnover to this market hit $18 million, a 27% year-on-year increase. Despite diverging demand across member states, the EU remains a market with growth potential for Vietnamese pangasius, particularly as supplies of several traditional whitefish species face mounting pressure.
(seafood.vasep.com.vn) Vietnam’s tuna exports to the US are showing a clear recovery after a difficult start to the year. However, the rebound is taking place against a backdrop of declining US tuna imports and a shifting supply structure, posing new challenges for Vietnamese businesses.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s shrimp exports to Japan reached US$440.9 million, up 6.4% year on year. This result is noteworthy as Japan’s total shrimp imports continued to decline slightly and competition among suppliers intensified. Demand for convenience foods and processed products continues to create opportunities for Vietnamese exporters, but capitalizing on these opportunities requires stronger competitiveness and the ability to meet increasingly specific market requirements.
(vasep.com.vn) After slowing in the first months of the year, Vietnam’s tuna exports have shown a clear improvement since June 2026. However, behind September’s double-digit growth lies a notable reality: export value is recovering, but pressures from markets, trade policies, and competition among suppliers remain.
(vasep.com.vn) Vietnam’s pangasius export value reached US$1.7 billion in the first nine months of 2026, up 11% year on year. In September alone, exports totaled US$210 million, an increase of 16%. China, the United States, and Brazil were the three largest markets, accounting for 49% of total export value. While China and Brazil maintained their growth momentum, exports to the US remained below the level recorded in the same period last year.
(vasep.com.vn) On November 11, 2026, in Can Tho, the Vietnam Association of Seafood Exporters and Producers (VASEP) will organize the Vietnam Seafood Summit 2026 (VSS 2026) under the theme “Seafood Market Outlook 2027–2029: Opportunities and Headroom for Double-Digit Export Growth.”
(seafood.vasep.com.vn) Business leader Do Ngoc Tai, General Director of Tai Kim Anh Seafood Processing Joint Stock Company, was honored by the Vietnam Chamber of Commerce and Industry (VCCI) with the title “Outstanding Vietnamese Entrepreneur – Thanh Giong Cup 2026” at a ceremony celebrating Vietnam Entrepreneurs’ Day (October 13). The event took place on the evening of October 11, 2026, at the National Convention Center in Hanoi.
(vasep.com.vn) The global tilapia market is becoming increasingly segmented, not only among producing countries but also by product type and destination market. Supply is divided into groups with distinct competitive advantages: large volumes of whole fish and frozen fillets from Asia, high-value fresh fillets from Latin America, and substantial domestic consumption in several major producing countries.
(vasep.com.vn) Vietnam’s tuna exports to the UK grew in the first eight months of 2026, despite signs of slowing import demand in the market. However, sharp fluctuations in orders, competition from major suppliers, and new traceability requirements are creating challenges for Vietnamese exporters.
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