Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us
   


Photo: VASEP/FIS

Vietnam's Pangasius Exports in February 2025: Key Markets Regain Momentum

Click on the flag for more information about Viet Nam VIET NAM
Wednesday, March 26, 2025, 00:10 (GMT + 9)

According to Vietnam Customs, in February 2025, Vietnam's pangasius exports to markets regained growth momentum. 

According to Vietnam Customs, Vietnam's pangasius exports showed strong recovery in February 2025, with export turnover reaching $150 million, a 66% increase compared to February 2024. Cumulative exports for the first two months of the year totaled $284 million, marking an 11% rise over the same period last year, as reported by Ms. Thu Hang, editor of the Vietnam Association of Seafood Exporters and Producers (VASEP).

China & Hong Kong: Leading Import Markets

China and Hong Kong remained the largest importers of Vietnamese pangasius, with February 2025 exports reaching $36 million, a 56% increase year-over-year. However, the total export value for the first two months fell 11% compared to last year, largely due to a decline in January, when Vietnam observed an extended Lunar New Year holiday.

CPTPP Bloc Overtakes the US as Second-Largest Market

The CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) bloc has now surpassed the United States as the second-largest market for Vietnamese pangasius. In the first two months of 2025, exports to CPTPP countries reached $53 million, reflecting a 42% increase from the previous year. February alone saw a remarkable surge, with exports reaching $29 million, up 128% year-over-year.

United States: Holding Steady Amid Policy Changes

The United States dropped to third place among top pangasius importers. However, February exports reached $22 million, up 37% from 2024, while the cumulative total for the first two months stood at $39 million, reflecting a 16% increase.

The US remains a critical market for Vietnam’s pangasius industry. However, since President Donald Trump’s return to the White House and the reintroduction of “America First” trade policies, uncertainties loom over future trade relations. The impact of potential tariffs and trade restrictions remains unpredictable, but China’s growing tilapia exports to the US are becoming an increasingly hot topic in the industry.

Brazil: A Market on the Rise

Vietnam’s pangasius exports to Brazil continued their impressive growth, with February 2025 turnover reaching $15 million—up 159% from the previous year. The cumulative total for January and February stood at $28 million, reflecting a 42% increase year-over-year.

European Union: Continued Expansion

Exports to the European Union also maintained an upward trend, with February turnover reaching nearly $13 million, up 61% compared to February 2024. Cumulative exports for January and February totaled $26 million, reflecting a 24% increase.
The Netherlands remains the EU’s largest importer of Vietnamese pangasius, with a 24% growth rate in the first two months of 2025.

Outlook for 2025: Opportunities and Challenges Ahead

Vietnam’s pangasius industry is expected to continue its growth trajectory in 2025, driven by farmers and fisheries advancing aquaculture, processing, and export activities. However, the sector faces new challenges, including market fluctuations, competitive pressures, and geopolitical uncertainties.

Despite these challenges, Vietnamese pangasius remains a strong contender in the global seafood market due to its:
Mild, delicious flavor
High nutritional value, rich in Omega-3
Affordable pricing

As Vietnam navigates shifting global trade dynamics, its pangasius industry is well-positioned to expand its footprint and win over more consumers worldwide.

Related News:

editorial@seafood.media
www.seafood.media

editorial@seafood.media
www.seafood.media


 Print


Click to know how to advertise in FIS
MORE NEWS



Lenguaje
FEATURED EVENTS
  
TOP STORIES
The 'Transmission' from Tuna to Cocaine: An Ecuadorian Fisherman Reveals His Turn to Drug Trafficking
Ecuador A tale from Manta exposes how dwindling fishing and the promise of lucrative cocaine routes push seafarers into a dangerous business, as reported by CNN Latinoamérica. "One more trip,&quo...
Beyond Tariffs: What the U.S. Can Learn from China's Industrial Playbook
China As the U.S. attempts to revitalize domestic manufacturing—often via tariffs, especially on China—RAND's analysis of China’s industrial rise provides critical insights that go well be...
Anatomy of a liferaft
Denmark The liferaft features a self-righting ability, meaning that no matter how it lands in the water, it will always deploy facing the right way up - ready for boarding. It has the capacity to evacuate 25 ...
Exotic Bites and Deep-Sea Delicacies: How Imports Are Reinventing Russia’s Seafood Scene
Russia Fed. From Patagonian Toothfish to Sicilian Shrimp, Imported Seafood Is Diversifying Russian Palates and Menus Margarita Kryuchkova from Fishnews magazine, was told by experts from Moreodor about interesti...
 

Umios Corporation | Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
Costa Meeresspezialitäten GmbH & Co. KG
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Aquaculture Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2025 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER