At the European Seafood Exposition (ESE), many pangasius importers refused to close deal with Vietnam suppliers at US$2.7 per kilogram (FOB, Ho Chi Minh City). At VND22,000 – 24,000 per kilogram of domestic raw fish, even if fish could be sold at US$2.7, both pangasius processors and farmers would only reach breakeven. In fact, some other companies insist on keeping offers at high level of US$3.2 – 3.5 per kilogram. In their opinion, pangasius products are currently traded in supermarket chain at US$13 per kilogram, so fish importers and retailers still reach a great deal if they accept to purchase pangasius at US$3.5. However, European purchasers hesitated to buy fish due to low fish consumption in the region.
Fish consumption in the EU is weakening. According to International Trade Center (ITC), shipment of seafood (HS code 03) to the market in January 2012 totaled US$2.56 billion, a drop of nearly 9 percent from the same month last year. On the one hand, the drop in import value was caused by financial difficulties in European countries. On the other hand, other EU’s seafood suppliers, particularly Thailand, reduced shipments to this market because of less attractive export price.
In the first months of 2012, Thailand’s export of all varieties of fish to the EU fell about 10 percent, in which tilapia reported the strongest drop.
Statistics from Thailand Customs and Thai Frozen Food Association (TFFA) showed that in January and February 2012, shipment of frozen and fresh tilapia from Thailand to the EU was down 99.73 percent from the same period of 2012. However, fish’s average export price went up to Baht90,000 per MT. Export volume of tilapia fillet was also dropped 93 percent, but average export price was 5 times higher than that of the first two months of 2011.
According to Vietnam Customs, the number of Vietnam exporters to the EU decreased sharply from the same period of 2011, especially many companies stopped to ship to the block although it was considered as their main and traditional market.
An exporter shared that the EU accounted for 50 percent of the company’s total exports. However, since early 2012, it has stopped supplying fish to the market because consumption of fish remained weak there and importers offered a very low price while the firm tried to sell fish at more than US$3.0 per kilogram. “Stanstill business with the EU makes us difficult, but we accept to wait and hope for a new period of higher fish price. We accept the difficult time to keep the real value for pangasius”.
Pangasius is a famous and special fish of Vietnam which is seen as an alternative for the world’s main whitemeat fish species. The fish became more and more popular and gains lots of confidence of consumers in the EU and global market. In the tough economic situation when European consumers have to cut expenses in every way, they are still looking for a good quality fish with reasonable prices like pangasius. Therefore, EU importers and retailers have to keep pangasius on supermarket shelves if they want to attract customers.
Should Vietnam pangasius exporters stop supply fish to the EU within a month to wait the market to recover? And why not US$3.5 per kilogram for pangasius fillet?
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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