Vietnam's pangasius exports navigated a challenging 2024, achieving USD 2 billion in export turnover with steady, albeit slow, growth. Shifts in consumer preferences, market adjustments, and fluctuations in geopolitical factors, including conflicts, freight rates, and tariffs, presented unavoidable obstacles in the current climate.
However, the paramount factor enabling a product to maintain a strong market presence and earn consumer trust remains high quality coupled with reasonable pricing. High-quality finished products stem from sound production and processing procedures adhering to food safety and hygiene standards. To achieve this, harvested pangasius must meet size requirements and be disease-free before entering processing plants. Healthy and carefully selected fingerlings, raised in optimal conditions, determine the final product quality.
The average farming period for pangasius is 10 months, with fish reaching a size of 0.7-1.5 kg/fish, meeting commercial pangasius standards. This extended farming period requires patience, meticulous care, close monitoring of the fish stock, and prompt detection and isolation of diseased fish to ensure sufficient output for processing, production, and export. Thus, farmers are a crucial driving force for increased production and exports. Profitable farming incentivizes expansion of ponds, mitigating the issue of idle ponds.
2025 is considered a pivotal year for Vietnam's seafood export sector, with Vietnamese farmers and fishermen as the core driving force. 2025 also promises to be a year of new milestones for pangasius exports.
Regarding consumption markets, China & Hong Kong remain the leading destinations for Vietnamese pangasius exports. In December 2024 alone, pangasius exports to this market reached over USD 52 million, a 19% increase year-on-year. Cumulative pangasius exports to China & Hong Kong for the entire year 2024 reached over USD 580 million, a slight 1.3% increase compared to 2023.
The US continues to hold second place, after China, among the largest importers of Vietnamese pangasius. In the final month of 2024, pangasius exports to the US reached nearly USD 28 million, a 40% increase compared to December 2023.
Pangasius exports to the CPTPP bloc also recorded 10% growth in 2024, reaching over USD 274 million. Within the bloc, Mexico remains the leading importer of pangasius from Vietnam. In 2024, pangasius exports to Mexico reached USD 76 million, a 4% increase compared to 2023.
Pangasius exports to the EU in the final month of 2024 also reached nearly USD 16 million, an 18% increase compared to December 2023. The Netherlands, Germany, Belgium, and Spain are among the top importers of Vietnamese pangasius within the bloc. However, unlike other countries, pangasius exports to Germany alone witnessed a 2% decrease in 2024, with a value of over USD 37 million.
Furthermore, pangasius export turnover to some other markets also achieved positive results and recorded positive growth, such as Brazil with a 15% increase, Thailand with a 4% increase, and Colombia with a 36% increase.
(seafood.vasep.com.vn) Vietnam’s seafood exports in February 2026 reached approximately USD 707 million, up 8% compared to the same period last year. Cumulatively, exports in the first two months of 2026 totaled USD 1.7 billion, an increase of 20.2% year-on-year. The results show that the sector’s recovery momentum has remained relatively solid following strong growth in January, although the pace slowed noticeably in February for several key products and major markets. Within the overall picture, shrimp continues to be the largest pillar, pangasius rebounds strongly, while tuna exports and the U.S. and Korean markets are sending signals that warrant closer monitoring. In March, seafood exports are expected to gain additional momentum from markets other than the U.S., potentially supporting stronger growth.
(seafood.vasep.com.vn) In the first months of 2026, fishing activities in Quang Tri province recorded many positive signals, with output reaching over 15,941 tons. This result not only demonstrates fishermen’s efforts to stay offshore but also reflects the effectiveness of management and support measures implemented by local authorities.
(seafood.vasep.com.vn) In the first months of 2026, IUU prevention models focused on communication and mobilizing fishermen to comply with fisheries laws and avoid encroaching on foreign waters—related to combating illegal, unreported, and unregulated (IUU) fishing—have been implemented in coastal localities of Lam Dong province and have delivered initial positive results.
(seafood.vasep.com.vn) The sharp rise in raw pangasius prices to record levels is sending positive signals for the industry, but experts warn of potential supply–demand imbalances if production is not tightly controlled.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, the country’s total canned tuna export value in 2025 reached over USD 275 million, down 8% compared to 2024. Vietnamese canned tuna products were present in approximately 80 markets worldwide. However, the 2025 picture shows clear divergence: the U.S. maintained stability, the EU declined sharply, while several Middle East–North Africa (MENA) markets accelerated.
(seafood.vasep.com.vn) In 2025, Vietnam’s crab exports reached nearly USD 86 million, up almost 6% compared to 2024. A notable feature of 2025 was the strong market concentration in the United States, which accounted for more than 81% of Vietnam’s total crab export value, up 10% from the previous year. In contrast, exports to several Asian markets declined significantly, resulting in only modest overall growth for the year.
(seafood.vasep.com.vn) In 2025, Vietnam’s tilapia exports recorded impressive growth, with total export turnover reaching over USD 99 million, highlighting the increasingly important role of this product in the country’s seafood export structure. Of this total, tilapia fillets and other fish meat products accounted for USD 61 million, representing 61% of total export value and reaffirming their position as the key product category.
(seafood.vasep.com.vn) Shrimp seed quality is considered the “first link” and a decisive factor affecting the efficiency of the entire commercial shrimp production chain. High-quality seed directly influences survival rates, growth performance, and disease resistance, thereby determining production costs, productivity, and farmers’ profitability.
(seafood.vasep.com.vn) As part of its agricultural restructuring strategy toward sustainability, Quang Tri Province is gradually promoting environmentally friendly aquaculture models. Among these, organic-oriented golden pompano farming is considered a promising direction, aligned with the goals of enhancing production value and building sustainable rural areas.
(seafood.vasep.com.vn) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
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