Markets

Pangasius exports to EU maintain upward trend

Vietnam’s pangasius exports to the European Union have maintained steady growth, reaching USD 16 million in April, up 9% year on year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Among EU consumers, the Netherlands remains the largest and most stable importer of Vietnamese pangasius. Throughout the first four months of the year, pangasius exports to this market hit USD 17 million, up 15%.

Outside the EU, China and Hong Kong (China) continue to be Vietnam’s leading markets for pangasius. In April alone, exports to these two markets totaled over USD 44 million, a 7% increase from April 2024. However, total exports over the first four months fell 2% year-on-year to USD 149 million.

The United States retains its position as the second largest consumer of Vietnamese pangasius after China, despite a 15% year-on-year drop in April to USD 40 million. For the January – April period, exports to the US brought in USD 101 million, a slight decline of 2% from the previous year.

In South America, Brazil stands out as the only major market with significant consumption of the Vietnamese fish, particularly frozen fillet products. Exports to Brazil in April hit USD 15 million, up 9% year on year, bringing the four-month total to USD 63 million, a sharp 67% increase from the same period in 2024.

Elsewhere in Southeast Asia, Thailand ranks as Vietnam’s fourth largest single market for tra fish. Exports in April rose 5% year on year to USD 5 million, bringing total exports to Thailand in the first four months to USD 25 million, up 18% year on year.

Statistics released by Vietnam Customs indicate that pangasius exports in the first four months of the year surged by 10% to USD 640 million. In April alone, tra fish exports to international markets were valued at nearly USD 175 million, up 4%.

To adapt to global trade fluctuations, VASEP says, Vietnamese seafood processing and exporting enterprises must to continue boosting exports, diversifying export markets and product lines, including alternative whitefish options such as tilapia and red tilapia

Seafoodnews

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