(seafood.vasep.com.vn) According to data from Vietnam Customs, as of October 15, 2023, the EU market imported more than 134 million USD of Vietnam’s pangasius, down 19% compared to the same period in 2022.

(seafood.vasep.com.vn)According to statistics from Vietnam Customs, accumulated in the first 8 months of 2023, pangasius exports to Germany reached 23 million USD, up 19% over the same period last year, accounting for 2%. After increasing imports in the first months of this year, pangasius exports to this market experienced negative growth for 3 consecutive months in June, July, and August.

(seafood.vasep.com.vn) In the first half of August 2023, pangasius exports to the UK reached nearly 2 million USD, down 41% compared to the same period last year (more than 3 million USD), accounting for 3%. As of August 15 2023, Vietnam’s pangasius exports to this market reached nearly 42 million USD, down 2.4% over the same period in 2022 - a lighter decline than the sharp decline in exports to other major markets such as the US, EU, and China.

(seafood.vasep.com.vn) In the first 8 months of 2023, Vietnamese pangasius exports reached nearly 1.2 billion USD, down 34% compared to the same period in 2022.

(seafood.vasep.com.vn) By the end of July 2023, Vietnam's pangasius exports had surpassed the 1 billion USD mark, representing a 37% decline compared to the same period in 2022. Projections indicate that for the entirety of 2023, pangasius exports may reach 1.7 billion USD, signaling a 30% reduction compared to the preceding year. These insights were shared by Ms. Le Hang, the Communications Director of VASEP, during her speaking at the International Pangasius Outlook Forum 2023, organized by VASEP on August 24, 2023, as part of the Vietfish Fair 2023 framework.

(seafood.vasep.com) The US is one of the largest import markets for Vietnamese pangasius. After 10 years of establishing the comprehensive partnership between Vietnam and the US, Vietnam's pangasius export turnover to this country in 2022 reached 537 million USD, an increase of 41% compared to 2013.

By utilizing the black soldier fly larvae meal as a substitution for marine fishmeal in the diet of pangasius, we aim to improve the nutritional quality of our fish, reduce our ecological footprint and contribute to sustainable aquaculture.

(seafood.vasep.com.vn) On August 24, at the International Pangasius Outlook Forum held by the Vietnam Association of Seafood Exporters and Producers (VASEP) in Ho Chi Minh City, the speakers said that there is still significant potential for Vietnamese pangasius enterprises to export to densely populated markets with affordable income levels.

(seafood.vasep.com.vn) Navico has officially signed a cooperation agreement to consume fish products with the retail chain Bach Hoa Xanh. This move is expected to help Navico increase sales in the domestic market, and help Bach Hoa Xanh diversify its fresh product portfolio.

(seafood.vasep.com.vn) According to statistics of Vietnam Customs, by the end of June 2023, Vietnam's pangasius exports to China and the US reached 281 million USD, down 34% compared to the same period last year.

(seafood.vasep.com.vn) Vietnam's pangasius exports in June 2023 reached 143 million USD, down 33% over the same period last year.

(seafood.vasep.com.vn) Statistics from China Customs show that in the first 5 months of 2023, China imported nearly 137 thousand tons of pangasius, 16.5% higher than the same period last year. Particularly, whole pangasius butterfly cut products imports increased by 105% reaching 42.1 thousand tons. Import volume of frozen pangasius fillets reached nearly 95 thousand tons, decreased slightly by 2%.

(seafood.vasep.com.vn) Vietnam pangasius exports in May 2023 continued to record negative growth in many markets. Therefore, pangasius exports in the first 5 months of 2023 decreased by 40%.

(seafood.vasep.com.vn) By the end of April 2023, Vietnam's pangasius export turnover to the EU reached 60 million USD, down 8% over the same period in 2022, up 70% over the same period in 2021 and accounting for 11% of Vietnam's pangasius exports. In April 2023, pangasius exports to this market reached 15 million USD, down 21% compared to the previous month and down 18% compared to the same period last year.

(seafood.vasep.com.vn) In the first 4 months of 2023, Vietnam pangasius exports brought in nearly 570 million USD, down 41% compared to the same period last year. The world market is still heavily affected by inflation and economic slowdown, causing a decrease in seafood consumption demand, leading to a decrease in the volume and price of Vietnam's pangasius exports during this period. Vietnamese pangasius exports to many markets was continuously at a lower rate compared to the same period in 2022.