The Netherlands remains the largest consumer market for Vietnamese pangasius in the EU, with an export value of more than 2 million USD, up 74% over the same period. As of August 15, 2024, pangasius exports to this market reached nearly 30 million USD, down 1% over the same period last year, mainly due to declines in February and May 2024. The first half of August 2024 recorded a double-digit increase, and it is forecasted that in August 2024, the export value of pangasius to this market will grow again.
In addition to the Netherlands, Germany also reduced imports of Vietnamese pangasius in July 2024. The decline in January, February, March, and July 2024 caused the cumulative pangasius exports to Germany in the first 7 months of this year to decrease slightly by 1%. However, in the first half of August 2024, pangasius exports to Europe's largest economy reached nearly 2 million USD, an increase of 183% over the same period in 2023. As of August 15, 2024, Vietnam exported a total of nearly 22 million USD of pangasius to Germany, an increase of 4%.
After Belgium, Spain ranks 3rd in the EU in terms of consuming the most Vietnamese pangasius. In the first half of August 2024, pangasius exports to this market reached nearly 1 million USD, up 15% over the same period. Cumulative exports to Spain as of August 15, 2024, reached more than 11 million USD, up 14% over the same period last year. Pangasius exports to Spain have been unstable since the beginning of this year. In July 2024, pangasius exports to this market reached the lowest level since the beginning of 2024, with more than 917 thousand USD, down 48% compared to July 2023.
As of August 15, 2024, Belgium was the 4th largest consumer of Vietnamese pangasius in the EU, with an export value of more than 11 million USD, up 10% over the same period last year. After reducing imports in February and March 2024, pangasius exports to Belgium are assessed to be stable in the following months, with continuous double-digit positive growth.
In terms of product structure, pangasius exports to the EU in the first 7 months of this year decreased by 21% compared to the same period and reached only nearly 2 million USD. In the first 7 months of this year, only March, May, and June recorded positive growth. The remaining months all witnessed a decrease of 38%-94%; Exports of dried fish and other frozen products in the first 7 months of this year to the EU also decreased by 5%, reaching nearly 4 million USD. The main pangasius product exported by Vietnam to this market is still frozen fillets, with the export value in the first 7 months of this year reaching more than 93 million USD, down 2% compared to the same period last year.
Despite the ups and downs in the first half of the year, Vietnam’s pangasius exports to the EU still have reason to be optimistic in the second half of the year as the year-end holidays approach, the European economy ensures growth, and unemployment is at a record low. Market prices and consumption are also gradually stabilizing, and pangasius exports to the EU are still expected to increase again after the summer holidays in Europe.
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
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
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