In the past 10 years, from 2011-2019, the export value of pangasius to Russia has been unstable and tended to decrease. In particular, from 2011 to 2012, pangasius exports reached the highest level from 51-54 million USD. After that, export value of pangasius gradually decreased and fluctuated erratically over the years.
Currently, Vietnam is the second largest supplier of white fish in Russia (after China). In particular, 100% of basa fish and pangasius at Russian market imported from Vietnam and mainly in the form of frozen fillet. This is also a traditional market which is willing to use yellow frozen pangasius products.
According to ITC statistics, in the first 2 months of 2019, the average price of imported pangasius from Vietnam has increased from 1.88 to 2.5 USD/kg in 2018 to 2.66-2, 67 USD/kg.
After the Vietnam Free Trade Agreement - Eurasian Economic Union (EAEU - include Russia, Republic of Belarus, Kazakhstan, Armenia and Kyrgyzstan) was signed in 2015 and officially came into effect in 2016, experts predict that there will be more opportunities for tra and basa fish to the Russian market. With a basic tax rate of 10%, fillet pangasius and basa products (HS 030462) will enjoy a 0% tax rate. However, in fact, Pangasius and basa enterprises are finding it difficult to take advantage of FTA to increase export activities. According to some enterprises, this is a volatile market. Moreover, compared to many other importers, export prices to this market are not really attractive.
Currently, China focuses on tilapia, while Vietnam with tra and basa fish and Argentina with hake fish. These three white fish products are fiercely competing in the Russian market. But in terms of trade history, the Russian market still gave more favor to Chinese tilapia products. Therefore, Vietnamese pangasius companies still have not paid much attention to increase exports to this market.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain increased by 13% compared to 2024. This growth trend has continued into the first two months of 2026. According to Vietnam Customs statistics, export turnover to this market reached nearly USD 3 million in January–February 2026, up 101% year-on-year and significantly higher than the same period in 2024. This development indicates that Spain is once again becoming a notable destination for Vietnamese tuna amid strong demand for tuna raw materials and products in Europe.
(seafood.vasep.com.vn) The 2026 brackish water shrimp farming season in the Mekong Delta has started earlier than usual, mainly driven by positive market signals, as shrimp prices in 2025 remained high and supply was limited. Many enterprises and farms in Cần Thơ, Cà Mau, and Vĩnh Long have proactively stocked early to seize opportunities. By early 2026, stocking areas in many localities had reached a high proportion of planned targets, with intensive and high-tech farming models expanding rapidly.
(vasep.com.vn) Vietnam’s tilapia exports to the United States recorded remarkable growth in 2025, opening up major opportunities while also presenting considerable challenges. The U.S. remains the largest importer of Vietnamese tilapia fillets, with export turnover reaching USD 40 million—an increase of up to 499% compared to 2024. This impressive growth reflects strong demand in the U.S. market, as supply from competing countries such as China has been constrained by tariffs and rising production costs.
(seafood.vasep.com.vn) Pangasius remains a strategic export commodity in Vietnam’s seafood sector. Entering 2026, the industry faces a strong need to transition from volume-based growth to a value-driven development model, with a focus on quality, food safety, and sustainability.
(seafood.vasep.com.vn) Following damage caused by Storm No. 13 in late 2025, brackish water shrimp farming in Gia Lai is being rapidly restored. In key farming areas such as Tuy Phước and Tuy Phước Đông, farmers are focusing on rehabilitating ponds, repairing infrastructure, and treating the environment in preparation for the 2026 crop.
(seafood.vasep.com) Facing the decline in fishery resources, Vietnam is accelerating livelihood transitions for fishermen to reduce fishing pressure and move toward sustainable development. Marine fish stocks have dropped significantly from 4.82 million tons in 2000–2005 to 3.95 million tons in 2016–2020.
(seafood.vasep.com.vn) Vietnam’s shrimp industry is entering a period of strong transformation with the emergence of various high-tech farming models, helping improve productivity and competitiveness. Over the past 5–10 years, farming practices have shifted from traditional methods to intensive and super-intensive systems, featuring lined ponds, environmental sensors, automated feeding, and data management.
(seafood.vasep.com.vn) With a focus on sustainable development, high-tech application, and climate change adaptation, An Giang Province aims to maintain its brackish water shrimp production in 2026 at a level equivalent to the previous year. Specifically, output is projected to reach over 155,510 tons, serving both domestic consumption and export processing, thereby sustaining the fisheries sector’s key role in the local economic structure.
(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
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