AsemconnectVietnam - In October of 2025, Vietnam's pangasius exports continued to show signs of recovery, reaching 217 million USD, up 8% year-on-year.

The main growth driver came from the Chinese market and other countries
Pangasius exports in October reached 217 million USD, up by 8% year-on-year
In the first 10 months of 2025, the export turnover exceeded 1.8 billion USD, up by 9%, showing a clear recovery after a period of stagnation due to many markets adjusting inventories. Although there are still many challenges, the October results partly confirm the industry's ability to regain growth momentum.
The Chinese and Hong Kong markets continued to be bright spots when the October turnover reached 73 million USD, up sharply by 19% compared to the previous year. After a decline in September, this market quickly recovered, reflecting high consumption demand at the end of the year. This is still a large region with stable purchasing power for Vietnamese pangasius products.
On the contrary, the US market reached 29 million USD, down by 17%, showing that purchasing power has not recovered, although policy factors are gradually becoming more favorable. The UK market continued to decline sharply, reaching only 4 million USD, down by 33% over the same period. Meanwhile, Brazil recorded a 1% increase, reaching 15 million USD, marking a slight improvement after the decline in September.
The CPTPP bloc maintained its driving role when in 10 months of 2025 it reached 305 million USD, up by 36% and accounting for 17% of total pangasius export turnover. Meanwhile, the exports to Mexico reached 63 million USD (up by 1%), Japan reached 39 million USD (up by 14%), while Malaysia increased sharply by 37%, showing a significant expansion in demand in the region.
In Europe, the total turnover in 10 months reached 149 million USD, up by 3%. However, the market is differentiated: Spain increased by 22%, while the Netherlands and Germany continued to decrease due to slow consumption.
In terms of product structure, frozen pangasius fillets (code HS0304) still led with nearly 1.5 billion USD in 10 months, up by 11%; while frozen, dried, whole pangasius products (excluding HS0304) reached 315 million USD, almost unchanged with a slight increase of 0.1%.
Notably, the group of processed pangasius products reached 44 million USD, up by 19% and accounting for 2.4% of total turnover. The high growth rate of processed products shows a large potential for value-added products, in line with the consumer trend of prioritizing convenience and traceability.
In the forecast for the fourth quarter of 2025, some markets may continue to decline due to the fact that demand has not fully recovered. However, the POR20 results in the United States, with a 0% anti-dumping tax rate, are expected to support Vietnamese enterprises to increase their competitiveness.
If tax incentives, market shifts and value-added processed products can be taken advantage of, the pangasius industry has a solid basis to maintain its recovery momentum and move towards sustainable growth in 2026.
CK
Source: VITIC