In terms of exported product structure, value added pangasius exports recorded a 30% growth in the first 7 months of 2024 with the export value of US$21 million. Exports of dried pangasius and other frozen pangasius products (whole round, steak, bladders, etc.) reached nearly US$200 million, up 22%. The export value of Vietnam's main pangasius product (frozen fillets) in this period are US$881 million, up 6% over the same period last year.
Regarding the consumption market, China & HK was still the largest consumer market of Vietnamese pangasius. Pangasius exported to this market in July 2024 reached US$55 million, up 23%. The value in the first 7 months are US$313 million, down 4% over the same period, mainly due to the decrease in February and March 2024.
This growth can be maintained in the second half of 2024 thanks to the recovery of demand, improvement of product quality, and good business strategies.
Meanwhile, pangasius exports to the US in July 2024 reached US$31 million, up 69%. Cumulative pangasius exports in the first 7 months are US$190 million, up 20% over the same period last year.
The CPTPP market was the 3rd largest destination for Vietnamese pangasius, with the exports in July 2024 reaching US$28 million, up 41%. Cumulative pangasius exports are US$155 million, up 15% over the same period in 2023. Mexico consumed Vietnamese pangasius the most in the block, with nearly US$10 million, up 94%.
In July 2024, pangasius exports to the EU reached US$14 million, up 7%. Cumulative pangasius exports in the first 7 months reached US$99 million, down 2% over the same period in 2023. In particular, although the Netherlands was still leading the block in consuming Vietnamese pangasius, the export value to this market in the first 7 months still witnessed a decrease of 4%, mainly due to the decline in February and May 2024.
The positive growth in July 2024 shows the efforts of processors in improving product quality, diversifying markets and adapting to fluctuations in the international market.
The world economy has many signs of recovery but the growth rate is slow. Food, energy and transportation costs remain high, causing global inflation to show signs of cooling down, but price pressure continues to increase, not reaching the target level that countries desire and potentially erupting again. Conflicts continue to escalate, causing instability to world security. The Russia-Ukraine conflict is in a fierce tug-of-war on the ground with no compromise or concession between the two sides. This makes transportation costs increase, bringing difficulties to Vietnam's seafood exports, including pangasius.
However, Pangasius export still maintains its growth in July 2024. In the last months of 2024, the number of pangasius orders from Vietnam will increase thanks to orders for year-end holidays.
(seafood.vasep.com.vn) According to Vietnam Customs data, pangasius exports in April 2026 reached USD 206 million, up 18% compared to the same period in 2025 — marking another consecutive month of double-digit growth since the beginning of the year. Cumulative pangasius export turnover in the first four months of 2026 reached USD 720 million, up 17% year-on-year, reflecting the positive growth momentum of this key export product.
(seafood.vasep.com.vn) Vietnam’s shrimp exports in the first four months of 2026 maintained positive growth momentum, reaching approximately USD 1.5 billion, up 15% compared to the same period last year. However, behind this result lies diverging trends across markets, as the global shrimp industry continues to face pressure from inflation, high inventories, price competition, and increasing trade risks.
(seafood.vasep.com.vn) In Vinh Tuy commune (Kien Giang Province), many shrimp farmers are adopting bottom aeration systems and reporting clear economic benefits, helping increase income and reduce production risks.
(vasep.com.vn) In the first three months of 2026, Vietnam’s exports of crabs and other crustaceans reached more than USD 93 million, up 23% compared to the same period last year. The result shows that the sector is experiencing a fairly positive recovery, especially in its two key product groups: crabs and swimming crabs. However, behind the growth figures are several concerns: export markets remain highly concentrated, raw material supply is unstable, and trade barriers from the US and EU are becoming increasingly stringent.
(seafood.vasep.com.vn) In Ca Mau province, many farmers are transitioning from traditional methods to high-tech shrimp farming, adopting recirculating systems with minimal water exchange to improve efficiency and reduce risks. In Hung My commune alone, there are about 260 super-intensive shrimp farming households covering more than 265 hectares, playing a key role in local economic development.
(seafood.vasep.com.vn) In the first three months of 2026, Vietnam’s exports of fish cake and surimi reached USD 63 million, down 5% compared to the same period last year. Although total export value declined slightly due to decreases in some key markets, many other destinations continued to post strong growth, opening up room for this convenience-oriented processed segment in the coming quarters.
(seafood.vasep.com.vn) Favorable weather conditions in the early months of 2026 have brought encouraging signs for fisheries activities in Quang Tri. Output has grown steadily, contributing to improved livelihoods for local residents.
Entering 2026, Vietnam’s seafood industry is facing a period of both high expectations and mounting pressures. Following the positive recovery in 2025, production and export activities in Q1/2026 demonstrated the strong adaptability of Vietnam’s seafood business community amid continued global trade volatility, intensifying international competition, and increasingly stringent compliance requirements in import markets.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s shrimp exports reached USD 1.069 billion, up 17.5% compared to the same period in 2025. This is a positive result amid an uneven global shrimp market recovery, intensifying competition among major suppliers, and continued volatility in the international trade environment. However, this growth does not reflect a broad-based recovery across the entire sector, but rather is driven mainly by strong performance in a few markets and specific product segments—most notably lobster exports to China.
(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.
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