From 2019 to 2023, seafood products, including pangasius, was among the top five exports from Vietnam to the US, alongside electronics, textiles, wood products, steel, and plastics. The US has consistently been one of the largest importers of Vietnamese seafood, especially pangasius. Therefore, the election of a new US president, accompanied by new policies, will significantly impact the future strategies of export companies.
Vietnamese seafood products have long been popular in the US market. Vietnam's annual seafood exports reach about $10 billion, with approximately 1.4-1.5 billion USD coming from exports to the US. Notably, Vietnamese pangasius is highly sought after, with the US. being its second-largest importer globally, after China. In 2022 and 2023, pangasius exports from Vietnam reached over 2.4 billion USD and 1.8 billion USD, respectively. Exports to the US during these years amounted to 527 million USD (22% share) and 271 million USD (15% share), respectively. Moreover, recent data from the International Trade Center (ITC) reveals that from February to August 2024, frozen pangasius fillets surpassed frozen tilapia fillets to become the most consumed whitefish product in the US, reflecting a consistent demand for Vietnamese pangasius.
Previously, according to the preliminary results of the 20th administrative review (POR 20), two mandatory respondent companies received an anti-dumping duty rate of $0.00/kg, while six other companies enjoyed for a separate rate of $0.00/kg. These preliminary results are positive for Vietnamese pangasius exporters, with all eight companies under review achieving a zero-duty rate, a decrease from the previous POR 19 rate, which ranged from $0.00/kg to $0.18/kg.
The impact of Trump's policies on Vietnam's pangasius export industry will be twofold. With his “America First” agenda, an increase in import tariffs by 10-20% on all countries, including Vietnam, could reduce the competitiveness of Vietnamese products compared to American domestic goods. On the other hand, if China faces higher tariffs, it could create opportunities for Vietnamese firms to export to the U.S. and gain a larger market share.
According to data from Vietnam Customs, in the first half of October 2024, Vietnam's pangasius exports to the US reached 19 million USD, an 89% increase compared to the same period last year. Cumulatively, exports to the U.S. up to October 15, 2024, amounted to 275 million USD, a 27% increase from the same period in 2023.
In the first nine months of this year, frozen fillets under HS code 0304 remained the primary pangasius product imported by the US from Vietnam, with a value of 245 million USD - up 21% year-over-year and accounting for 96% of the total share.
In contrast to the previous quarter, Q3/2024 saw a positive turnaround in the export of dried and other frozen pangasius products (whole fish, cut portions, fish bladders, etc.) to the US, with a value exceeding 1.3 million USD, marking a 76% year-over-year growth. Exports of these products reached over 3.2 million USD in the first nine months of 2024, increasing by 3% year-over-year and accounting for 1% of the total share.
Notably, in the first nine months of this year, value-added pangasius products exported to the US continued to record impressive growth, with nearly 8 million USD in value - an increase of 1,666% compared to the same period last year, accounting for 3% of the total pangasius export value to the US.
(seafood.vasep.com.vn) With less than three weeks remaining, the Vietnam Fisheries International Exhibition – Vietfish 2026 will officially take place from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Under the theme "Innovation – Sustainability," Vietfish 2026 will provide a comprehensive networking platform for seafood businesses, buyers, distributors, industry experts, government agencies, and domestic and international visitors.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition – Vietfish 2026, the technical seminar “Green and Sustainable Technology Solutions for the Aquaculture and Seafood Processing Value Chain” will take place from 09:30 to 11:45 on August 20, 2026, at Convention Room B, Level 2, SECC, Ho Chi Minh City. The seminar is jointly organized by VASEP, the Department of Fisheries and Fisheries Surveillance, and the Royal Norwegian Embassy in Vietnam, focusing on technological innovation and sustainable transformation across Vietnam’s seafood value chain.
(seafood.vasep.com.vn) Market fluctuations, rising production costs, and increasingly stringent requirements from export markets are placing growing pressure on the shrimp industry. In response, Vinh Long Province is promoting high-tech shrimp farming integrated with production–consumption value chains to improve efficiency, reduce risks, and enhance the industry's value.
(seafood.vasep.com.vn) Vietnam's tilapia exports to Japan posted strong growth in the first half of 2026, while a promising new trend has emerged in the value-added product segment. Notably, Vietnamese tilapia fillets have been exported to Japan for use in sushi and sashimi, creating new opportunities to enhance the value of the industry in one of the world's most demanding seafood markets.
(seafood.vasep.com.vn) After a relatively sluggish first quarter, Vietnam's exports of fish cakes and surimi showed a clearer recovery in the second quarter, particularly in June. Export value in the first six months of 2026 reached USD 148 million, down 2% year on year. However, the newly imposed 12.5% additional U.S. tariff on Vietnamese goods, intensifying competition in Northeast Asia, and increasingly stringent traceability requirements in the EU are making the outlook for the second half of the year more uncertain.
(seafood.vasep.com.vn) In June 2026, Vietnam's shrimp exports reached nearly USD 458 million, up 24% year-on-year. In the first six months of 2026, export value totaled USD 2.35 billion, an increase of 14.2% compared with the same period last year. Growth was driven mainly by the Chinese market and the strong performance of lobster exports, while shrimp exports continued to face pressure from U.S. tariffs and rising logistics costs.
(seafood.vasep.com.vn) As part of Vietfish 2026, the Hosted Buyer Program is designed as a specialized B2B matchmaking initiative for selected international buyers, providing opportunities to meet directly with Vietnamese seafood exporters, gain the latest market insights, and experience Vietnam's seafood supply chain firsthand.
(seafood.vasep.com.vn) A project titled "Sustainable Shrimp Industry Governance" has been launched in Ca Mau Province with the aim of supporting the transition of the province's shrimp industry toward higher quality, lower emissions, stronger governance capacity, improved supply chain traceability, and the development of a sustainable shrimp brand that meets the increasingly stringent requirements of export markets.
(seafood.vasep.com.vn) Khanh Hoa Provincial Agricultural Extension Center, in collaboration with the Northern Center for Marine Aquaculture Research and the Van Hung Public Service Center, recently organized a training course on disease-free golden pompano seed production. The program is part of a National Agricultural Extension Project aimed at developing industrial-scale seed production models to support sustainable marine aquaculture.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
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