Vietnam’s pangasius exports to the Middle East: Strong potential amid geopolitical challenges

News 09:59 24/04/2026
(seafood.vasep.com.vn)  Vietnam’s pangasius exports to the Middle East in 2025 and early 2026 have shown notable growth. However, escalating geopolitical tensions in the region have increasingly impacted export activities since March. This situation presents a challenge of balancing market expansion opportunities with rising trade risks.

 

Pangasius exports to the Middle East in the first two months of 2026

In the first two months of 2026, pangasius export turnover to the Middle East reached nearly USD 24 million, up 34% year-on-year. January alone recorded USD 14 million, while February reached USD 9 million. Notably, the Middle East accounted for about 7.1% of total pangasius export value, approaching the European Union’s share of 7.9%. This indicates that the region is gradually becoming an important destination, offering new growth opportunities for Vietnam’s pangasius industry.

With a young population, rapid urbanization, and strong demand for seafood imports, the Middle East is considered a promising market in the medium and long term. Pangasius, with its competitive pricing, stable supply, and flexible processing capabilities, has strong potential to expand its market share in the region, particularly in the frozen product segment.

Challenges from geopolitical conflicts

However, rising geopolitical tensions in the Middle East are creating significant obstacles to export activities. Escalating conflicts have disrupted key maritime shipping routes, with critical bottlenecks such as the Strait of Hormuz driving up transportation and insurance costs. This not only delays delivery schedules but also significantly increases export expenses, directly affecting business efficiency.

In addition, geopolitical instability has impacted global oil prices, further raising input costs for both production and logistics. With rising costs and limited ability to adjust selling prices accordingly, profit margins for exporters are being squeezed.

In reality, during the first half of March, pangasius exports to the Middle East showed signs of decline, reflecting exporters’ cautious sentiment amid increasing risks. If the conflict continues, exports to the region are expected to face further difficulties and may struggle to recover in the short term.

In this context, while the Middle East remains a high-potential market, Vietnamese pangasius exporters need to closely monitor geopolitical developments, flexibly adjust export strategies, and diversify markets to mitigate risks. Striking a balance between market expansion and trade security will be a key factor in ensuring the sustainable development of the industry in the coming period.

vietnam’s pangasius pangasius export middle east

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