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(seafood.vasep.com) According to the General Department of Vietnam Customs, pangasius exports in the first half of June 2025 reached 86 million USD, up 6% year-on-year. As of June 15th 2025, cumulative pangasius export value stood at 911 million USD, marking an 11% increase compared to the same period in 2024.

(seafood.vasep.com.vn) over the past two decades, the Vietnam's pangasius industry has firmly established an undeniable position in the global market. With export revenues consistently surpassing 2 billion USD annually, pangasius has played a key role in elevating Vietnam to the ranks of leading seafood-exporting nations. However, the value chain of Vietnamese pangasius still heavily relies on low value-added primary processed products, most notably frozen fillets under HS code 0304.

The Mekong Delta is Vietnam’s key region for pangasius production and export. Despite its advantages, the industry is currently facing numerous challenges such as unstable prices, rising input costs and increasingly strict requirements from international markets. In this context, strengthening the linkage between farmers and enterprises in both production and consumption is considered a strategic solution for the sustainable development of the pangasius sector.

(seafood.vasep.com.vn) According to data from Vietnam Customs, Vietnam’s pangasius export value reached 189 million USD in May 2025, an increase of 12% compared to the same period last year. Cumulatively, pangasius exports in the first five months of this year totaled 829 million USD, up 11% year-on-year.

Seven Vietnamese pangasius exporters have been granted a 0 per cent anti-dumping duty, an increase of six companies compared to the previous review (POR19)

Seven Vietnamese pangasius exporters have been granted a 0 per cent anti-dumping duty, an increase of six companies compared to the previous review

(seafood.vasep.com.vn) In the context of uncertainty about reciprocal taxes from the US, many Vietnam's pangasius exporters have prepared in advance, not only in terms of business scenarios but also in terms of market sentiment. Despite facing reciprocal taxes, some experts and leading business leaders in the industry believe that... American consumers still will not turn their backs on pangasius.

The leadership of Nam Viet Corporation (stock code AVN) stated that the company’s export orders are abundant, with production struggling to keep up with deliveries amid recovering demand in several major markets.

(seafood.vasep.com.vn) After a gloomy year in 2023, Vietnam’s pangasius exports to the European Union (EU) have shown positive signals in the first four months of 2025. According to data from Vietnam Customs, pangasius exports to the EU reached $61 million during this period, up 9% year-on-year. Although growth has largely stemmed from a few individual markets, this is still an encouraging sign, especially when many EU countries continue to report declining import demand.

Currently, the price of commercial tilapia in Tra Vinh has doubled compared to last year, helping farmers earn a profit of about 10,000 VND per kilogram.

(seafood.vasep.com.vn) According to the Can Tho city statistics sub-office, aquaculture activities have continued to be maintained in recent times, ensuring a stable supply of fishery products to meet both domestic consumption and export demands.

(seafood.vasep.com.vn) In pangasius industry, processing by-product are becoming a significant source of added value. A representative of Vinh Hoan stated that Producing collagen and gelatin from fish skin helps the company maximize utilization, both reduce costs and expand its product range into functional foods and cosmetics.

(seafood.vasep.com.vn) In the context of Vietnam's pangasius exports to the EU facing fierce competition due to technical regulations and sustainable consumption trends, the South American market, particularly the Mercosur (Brazil, Argentina, Uruguay, Paraguay), is emerging as a promising alternative destination. With ongoing negotiations for a Vietnam-Mercosur Free Trade Agreement (FTA), the prospect of turning Mercosur into a "second EU" for Vietnamese pangasius is becoming increasingly clear.

(seafood.vasep.com.vn) From its first steps in 1997, the Vietnamese pangasius industry has undergone a dynamic and remarkable 25-year journey. This path reflects not only the maturation of the pangasius sector itself but also serves as a microcosm of the broader development of Vietnam’s seafood industry amid deepening global integration.

(seafood.vasep.com.vn) After a sluggish period in 2023, Vietnam's pangasius exports to the European Union (EU) market have shown positive signs in the first four months of 2025. According to data from Vietnam Customs, pangasius exports to the EU reached USD 61 million during this period, marking a 9% increase compared to the same period last year. While this is an encouraging signal, much of the growth stems from a few individual markets, whereas many other countries continue to record a decline in imports.


SPECIALIST ON
PANGASIUS MARKET

Ms Thu Hang

Email: thuhang@vasep.com.vn

Tel: +84.24.3771.5055 (ext. 214)

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