Frozen pangasius fillets are still the main product for Vietnam's pangasius exports. In May 2024, exports of this product reached 134 million USD, up 2% over the same period last year. By the end of May, Vietnam had exported nearly 603 million USD of frozen pangasius fillets to markets, down slightly by 0.1% over the same period last year.
Regarding consumption markets, China and Hong Kong are still consuming the most Vietnamese pangasius. Cumulative pangasius exports to this market in the first 5 months of this year reached nearly 203 million USD, down 13% over the same period. In particular, in May 2024 alone, pangasius export turnover to China reached nearly 48 million USD, an increase of 1%; exports to Hong Kong reached more than 2.3 million USD, down 16% compared to the same period in 2023. May 2024 was recorded as the month with the second-highest value of Vietnamese pangasius exports to China and Hong Kong since the beginning of the year with a value of nearly 50 million USD, a slight increase of 0.4% over the same period, up 21% over the previous month.
Pangasius exports to the US in May 2024 reached 30 million USD, down 7% over the same period last year. Cumulative pangasius exports in the first 5 months of this year to the US reached more than 132 million USD, up 12% over the same period in 2023.
Pangasius exports to the CPTPP market continued to maintain growth momentum in May 2024, with a value of nearly 13 million USD, an increase of 17% over the same period. Among them, a few markets recorded an increase in pangasius imports, including Mexico, Japan, Canada, Singapore, etc. By the end of May 2024, pangasius exports to CPTPP reached 103 million USD, an increase of 9% over the same period.
Similar to the US market, pangasius export turnover to the EU market witnessed a decrease of 16% in May 2024, with a value of 14 million USD. Cumulative exports in the first 5 months of the year to this market reached 70 million USD, down 9% over the same period last year. Although turnover decreased, many markets in the EU recorded an increase in imports of Vietnamese pangasius in May 2024, while in May 2023 there was almost no import, including Bulgaria (59 thousand USD), Hungary (40 thousand USD), and Czech Republic (53 thousand USD).
The US and EU tightening of seafood imports from Russia open up great opportunities for Vietnamese pangasius. Meanwhile, demand for pangasius in China is expected to improve as policies to support the country's economy "permeate.".
Vietnam's pangasius export prospects will remain positive in the second half of this year, especially in main markets such as the US, and China,...According to the global economic outlook report for April 2024, the Fund The International Monetary Fund (IMF) raised this year's growth forecast for the US to 2.7% and the EU to 0.8%.
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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