The year 2025 brings fresh opportunities and signals a bright future for Vietnam’s seafood sector, particularly pangasius. After navigating market fluctuations and production challenges over the past two years, the industry has demonstrated remarkable resilience and adaptability.
A Milestone Achievement in 2024
Vietnam’s pangasius industry reached a significant milestone in 2024, with exports hitting USD 2 billion, marking a 9% growth from 2023. This success highlights the sector’s ability to seize export opportunities despite shifting global demands.
Expanding Global Markets
Pangasius exporters have strengthened their presence in key markets, including:
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The U.S.
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Brazil
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Colombia
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The Middle East
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CPTPP member nations
These strategic expansions helped offset a decline in exports to China, allowing the industry to maintain steady growth.
Key Drivers of Success
VASEP attributes this achievement to strong government guidance and collaborative industry efforts, including:
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Proactive policies from ministries and local authorities
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Innovation in processing and product diversification
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Improved quality standards to meet global demand
Looking Ahead to 2025
With economic recovery and rising demand in major markets, Vietnam’s pangasius sector is poised for further expansion in 2025. China, the U.S., Brazil, Colombia, and CPTPP countries will continue to be vital destinations, ensuring pangasius remains a staple in households worldwide.
The coming year presents new opportunities for growth and innovation, reinforcing Vietnam’s position as a leading global supplier of high-quality pangasius.
Stay tuned for more updates on Vietnam’s seafood industry!
