(seafood.vasep.com.vn) In 2023, the world imported nearly 1.8 billion USD of pangasius from Vietnam, down 26% over the same period in 2022.

(seafood.vasep.com.vn) The pangasius market in China is warming up as distributors are switching to stock up, instead of releasing inventories as before.

(seafood.vasep.com.vn) 5 years after the CPTPP Free Trade Agreement took effect (14 Jan 2019), Vietnam seafood industry has seen many positive changes thanks to the preferential tariffs with member countries, however, challenges that affect export growth in this bloc still persist.

(seafood.vasep.com.vn) On December 14, 2023, the Ministry of Industry and Trade issued Decision No. 3235/QD-BCT approving and announcing the List of "Reputable Export Enterprises" in 2022. Accordingly, there are 46 seafood processing and exporting enterprises on this list

(seafood.vasep.com.vn) Continuing the growth momentum in September, Vietnam's tuna exports to Canada grew continuously in the last months of the year. In November 2023 alone, the value of tuna exports to Canada increased by 117% of proportion. This figure has contributed to raising the total export value in the first 11 months of 2023 to nearly 31 million USD, down 37% of proportion compared to the same period in 2022.

(seafood.vasep.com.vn) In 2023, Vietnam's fish paste and surimi export turnover was estimated at 303 million USD, down 27% compared to 2022. In the past five years, Vietnam's fish paste and surimi industry earned from 300-420 million USD each year, including surimi from marine fish and pangasius, accounting for 4%-5% of the country's total seafood exports.

(seafood.vasep.com.vn) In 2023, canned tuna became the most exported product to the EU for the first time. Export turnover of this product group accounts for more than 40% of total export turnover to this market, estimated at about 71 million USD, up 28% from 2022.

(seafood.vasep.com.vn) Brazil is the third largest market consumer of Vietnam’s pangasius. For many years, Vietnam has been a supplier of white fish (mainly pangasius) to Brazil.

(seafood.vasep.com.vn) According to the Department of Agriculture and Rural Development of An Giang, the implementation of the 3-level pangasius breeding production project in the Mekong Delta in An Giang currently has investments from 4 enterprises in technology-oriented farming in a high-concentration area of 442.3 ha. Among which, Viet Uc Seafood Corporation has invested 104 ha; Nam Viet Binh Phu Seafood Company Limited has invested 600 ha (including 150 ha for breeding); Loc Kim Chi Development Company Limited with 140 ha; and Vinh Hoan Joint Stock Company with 48.3 ha. These projects are currently underway and put into production, contributing to improving pangasius seed quality in An Giang province.

(seafood.vasep.com.vn) In 2023, high inflation, reduced demand, high inventories, falling export prices and difficulties in domestic production leading to a 17% decrease in Vietnam seafood exports compared to 2022, reaching only 9 billion USD.