Pangasius exports to major markets in 2025
In December 2025, pangasius exports to China reached USD 60 million, surging 25% year-on-year and accounting for nearly 30% of total monthly pangasius exports. For the whole of 2025, pangasius exports to China totaled nearly USD 560 million, up 2% compared to 2024.
Exports to the United States in December amounted to USD 17 million, down 37% year-on-year, indicating that demand in this market has yet to recover. For full-year 2025, pangasius exports to the US reached USD 325 million, down nearly 6% compared to 2024. The combined impact of a 20% retaliatory tariff and high inventory levels has continued to weigh on pangasius export performance in this market.
In December 2025, pangasius exports to the EU reached USD 16 million, up 2% year-on-year. Although the increase was modest, it is still considered a positive signal at the end of 2025. For the full year, exports to the EU totaled USD 175 million, down slightly 1% compared to 2024.
In 2025, pangasius exports to Brazil reached USD 176 million, posting a strong 36% increase year-on-year. In December alone, exports to this market reached USD 18 million, up 65% compared to December 2024, making Brazil one of the fastest-growing pangasius markets of the year.
In the final month of 2025, exports to CPTPP member countries rose 30% year-on-year. Within this bloc, pangasius exports to the UK reached USD 6 million (+12%), Mexico reached USD 7 million (+3%), and Japan reached USD 4 million (+33%). For the full year 2025, pangasius exports to CPTPP markets increased 34%, reaching USD 367 million, with key contributors including Mexico (USD 77 million), the UK (USD 60 million), and Colombia (USD 56 million).
In 2025, pangasius exports to ASEAN reached USD 203 million, up 20% compared to 2024. In December alone, exports to this region reached USD 16 million, up 8% year-on-year. Meanwhile, pangasius exports to the Middle East totaled USD 176 million in 2025, up 19% year-on-year, with December exports also reaching USD 16 million, an 8% increase compared to the same period last year.
Product structure
In 2025, export value of pangasius products under HS 0304 (frozen fillets and portions) reached nearly USD 1.8 billion, up 9% compared to 2024, continuing to account for the largest share of total pangasius export turnover. Exports of fresh/frozen/dried whole pangasius (HS 03, excluding HS 0304) reached USD 377 million, down 0.7% year-on-year. Meanwhile, exports of processed and value-added pangasius products (HS 16) reached nearly USD 51 million, up 8% compared to 2024, although their share remains relatively modest.
Outlook for Vietnam’s pangasius industry in 2026
Looking ahead to 2026, Vietnam’s pangasius exports are expected to continue facing considerable pressure, particularly from the approximately 20% retaliatory tariff imposed by the United States, which reduces the price competitiveness of Vietnamese pangasius in this market. The decline in export turnover recorded in December 2025 suggests that this trend is unlikely to improve in the near term. As a result, accelerating market diversification toward CPTPP countries, ASEAN, and the Middle East is considered a necessary strategy. Strong growth in Brazil is a positive signal, although the market currently mainly imports frozen pangasius fillets.
In addition, while processed and value-added pangasius products have made progress, their development remains below potential. Going forward, enterprises need to step up investment in deep processing, diversify product offerings, and maintain and expand sustainability certifications. These efforts will help enhance product value, meet increasingly stringent international market standards, and lay a solid foundation for stable growth in 2026.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in May 2026, reaching USD 14 million, up 18% compared with the same month last year. Cumulative export value for the first five months of 2026 totaled USD 62 million, representing a remarkable 101% increase over the same period in 2025, highlighting the sector’s strong recovery in international markets.
(seafood.vasep.com.vn) Vietnam’s tuna exports reached USD 367 million in the first five months of 2026, down 7% compared to the same period in 2025. While the decline is not yet severe, the more concerning issue is that pressure is mounting in key markets such as the United States and the European Union, just as ocean freight rates are rising sharply on long-haul routes. The current situation is therefore not merely about slower orders, but rather a clear restructuring phase for Vietnam’s tuna industry.
(seafood.vasep.com.vn) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.
(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.
(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.
(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.
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