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.
(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.
(seafood.vasep.com.vn) Vietnam is stepping up efforts to combat illegal fishing, protect marine ecosystems, expand digital monitoring, and develop science-based management to ensure the sea can support communities and the economy for generations to come.
(seafood.vasep.com.vn) The EU remains a critical market for Vietnamese shrimp; however, purchasing demand and import patterns are undergoing notable changes. According to Vietnam Customs data, as of September 15, 2026, Vietnam’s shrimp exports to the EU reached nearly $374 million, down 5% year-over-year and accounting for 10.7% of the country’s total shrimp export value. Meanwhile, the EU’s stotal shrimp imports through July 2026 contracted by 7% in volume, exhibiting divergent trends across Southern Europe, Northwestern Europe and Eastern Europe. These dynamics necessitate that Vietnamese enterprises closely monitor individualized market demand, rather than approaching the EU as a monolithic consumer block.
(seafood.vasep.com.vn) In the first eight months of 2026, Vietnam’s exports of surimi and fish cakes remained relatively stable year-over-year compared to 2025. Following a contraction in the initial months, export performance demonstrated improvement from June onward, peaking in August. However, the recovery has been uneven, characterized by divergent trends across major markets: robust growth was recorded in China, Japan, Malaysia, the United States, and Taiwan, whereas export volumes to South Korea, Indonesia, and select European markets contracted.
(seafood.vasep.com.vn) Pangasius remains one of Dong Thap’s key aquaculture species, with the province focusing on developing an integrated value chain covering seed production, commercial farming, deep processing and by-product utilization. The province is promoting high-tech, circular pangasius farming models featuring reduced water exchange and enhanced biosecurity, aiming to improve production efficiency and strengthen control over raw material quality.
(vasep.com.vn) Vietnam’s seafood exports in September 2026 are estimated at US$1.135 billion, up 11.9% year-on-year, bringing total exports in the first nine months of the year to US$9.103 billion, up 11.4%. Behind this double-digit growth, however, increasingly divergent market trends are emerging: China–Hong Kong and ASEAN posted strong growth, while the U.S., EU and Japan all recorded declines in September.
(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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