Vietnamese pangasius exports are overflowing into markets

News 09:08 22/04/2022 Minh Trang
(seafood.vasep.com.vn) The total export value of Vietnam pangasius in the first quarter of 2022 increased by nearly 90% compared to the same period last year. In most major import markets, pangasius export value is growing positively by two to three digits.

According to the report by Dong Thap Department of Agriculture and Rural Development - the province with the largest pangasius farming and harvesting output in the country, in mid-April 2022, the price of raw pangasius is from 31,000 to 32,500 VND/kg (an increase of 1,000 VND/kg compared to the previous week), the average cost to produce 1kg of raw fish is about 24,500 VND/kg. At this price, farmers have high profits. Pangasius prices increased, world demand for pangasius was positive, abundant orders pulled the average export price of frozen pangasius fillets to 3.4 USD/kg, up 0.25 USD/kg compared to the previous year.

It can be said that the outlook for Vietnam's pangasius exports in the first quarter of this year and the following quarters is optimistic.

In the first quarter of this year, facing difficulties due to China's zero Covid policy, many pangasius shipments were risky to be returned if infected with the coronavirus. These days the export value of pangasius to China - Hong Kong has increased again. The forecast is even more optimistic for the next quarter onwards. By the end of March 2022, the total export value of pangasius to this market reached 183.4 million USD, up more than 163% over the same period last year. In March alone, the export value of pangasius to China - Hong Kong reached 97.5 million USD, up 119%.

Pangasius exports to the US market also grew well. After the anti-dumping tax POR17 was eventually announced, pangasius enterprises that are not subject to tax are promoting exports to this market. By the end of March 2022, the total value of pangasius exports to the US reached more than 160 million USD, up 123%. Currently, record inflation is taking place in the US due to broken supply chains and the impact of the Ukraine crisis, skyrocketing prices, and demand for essential necessities, including food and seafood. The near future is a good opportunity for enterprises to export frozen pangasius to this market.

Not only in the US, but the food crisis is also taking place in Europe, where prices have skyrocketed due to congested supply chains, soaring demand, and the severely affected global energy market which is the result of the Russia-Ukraine conflict. For the first time after many years of decline, pangasius exports to the EU increased by 86.2% compared to the first quarter of 2021 with an export value of USD 46.7 million. Pangasius export value to major markets in the bloc such as the Netherlands increased by 86%; Germany increased by 97%; Belgium increased by 120%; Spain increased 67%.

It is forecasted that in the second quarter of 2022, pangasius exports to major markets will retain a fair positive growth. Consumption demand increases and is stable due to competitive pangasius prices and can fill the gap in some segments of white fish products (cod, pollock), which are in short supply from Russia.

Due to the good and promising export market, the stock prices of some Vietnamese pangasius exporters have been green in recent years. While many sectors constituting the VN-Index are suffering from fluctuating stock prices, stock prices of the seafood group are still attractive. In which, a number of stock codes in the seafood industry still rebounded and were attractive such as VHC, ANV, ABT, IDI, ACL...

Compiled by Minh Trang

Image source: Vietnamnews  

Bạn đang đọc bài viết Vietnamese pangasius exports are overflowing into markets tại chuyên mục News của Hiệp hội VASEP
pangasius export

TIN MỚI CẬP NHẬT

Vietnam’s tilapia makes its mark thanks to sustainability and nutritional value

 |  09:26 12/12/2025

(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.

Vietnam’s seafood exports in 2025 are heading towards the USD 11 billion mark

 |  08:50 10/12/2025

(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.

Vietnam’s tuna on the brink of 0% tariffs in the U.S: Breakthrough potential but significant challenges remain

 |  08:37 08/12/2025

(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.

Solutions to promote Ca Mau crab exports

 |  09:16 04/12/2025

(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.

Japanese market expands its demand for Vietnamese pangasius

 |  09:16 03/12/2025

(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.

Ca Mau expands RAS-IMTA shrimp farming model to 1,500 hectares

 |  09:16 01/12/2025

(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.

Sa Giang plans to double its charter capital, raising 465 billion VND to invest in Hoan Ngoc Food.

 |  15:21 27/11/2025

(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.

Vietnam’s tilapia industry accelerates: From short-term opportunities to long-term strategy

 |  09:19 27/11/2025

(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.

Seafood exporters break through after a period of slowdown

 |  09:04 26/11/2025

By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.

Vietnam and the Netherlands cooperate to build a national brand for a sustainable seafood industry

 |  08:25 25/11/2025

(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC