Pangasius exports to the Middle East in the first two months of 2026
In the first two months of 2026, pangasius export turnover to the Middle East reached nearly USD 24 million, up 34% year-on-year. January alone recorded USD 14 million, while February reached USD 9 million. Notably, the Middle East accounted for about 7.1% of total pangasius export value, approaching the European Union’s share of 7.9%. This indicates that the region is gradually becoming an important destination, offering new growth opportunities for Vietnam’s pangasius industry.
With a young population, rapid urbanization, and strong demand for seafood imports, the Middle East is considered a promising market in the medium and long term. Pangasius, with its competitive pricing, stable supply, and flexible processing capabilities, has strong potential to expand its market share in the region, particularly in the frozen product segment.
Challenges from geopolitical conflicts
However, rising geopolitical tensions in the Middle East are creating significant obstacles to export activities. Escalating conflicts have disrupted key maritime shipping routes, with critical bottlenecks such as the Strait of Hormuz driving up transportation and insurance costs. This not only delays delivery schedules but also significantly increases export expenses, directly affecting business efficiency.
In addition, geopolitical instability has impacted global oil prices, further raising input costs for both production and logistics. With rising costs and limited ability to adjust selling prices accordingly, profit margins for exporters are being squeezed.
In reality, during the first half of March, pangasius exports to the Middle East showed signs of decline, reflecting exporters’ cautious sentiment amid increasing risks. If the conflict continues, exports to the region are expected to face further difficulties and may struggle to recover in the short term.
In this context, while the Middle East remains a high-potential market, Vietnamese pangasius exporters need to closely monitor geopolitical developments, flexibly adjust export strategies, and diversify markets to mitigate risks. Striking a balance between market expansion and trade security will be a key factor in ensuring the sustainable development of the industry in the coming period.
(seafood.vasep.com.vn) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
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