ietnam’s pangasius exports have increased so far in 2025, fueled by surging demand from countries in South America, the ASEAN region, and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), even as shipments to China and the U.S. weakened.
Vietnam’s pangasius sales in August increased 5 percent year-over-year to USD 200 million (EUR 170.5 million). The value in the first eight months of 2025 reached USD 1.4 billion (EUR 1.2 billion), a 10 percent increase year over year, Vietnam Association of Seafood Exporters and Producers (VASEP) said.
Exports to Vietnam’s largest pangasius market – China (including Hong Kong) – however, dropped 4.1 percent in August 2025 to USD 55 million (EUR 46.9 million). That drop contributed to a 3.6 percent drop in sales through August to USD 357 million (EUR 304.4 million).
Sales to the U.S. dropped even further in August, falling 20.3 percent year over year to USD 28 million (EUR 23.9 million). However, the export value through August 2025 increased 3.7 percent year over year to USD 234 million (EUR 199.5 million) thanks to stronger volumes earlier in the year, before U.S. President Donald Trump imposed reciprocal tariffs.
At the company level, Vinh Hoan, Vietnam’s largest pangasius exporter, said its August sales to the U.S. fell 36 percent year over year to VND 271 billion (USD 10.3 million, EUR 8.7 million), while its exports to China dropped 31 percent to VND 73 billion (USD 2.8 million, EUR 2.4 million), underlining the pressure in both markets….