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.
(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.
(vasep.com.vn) Vietnam’s tuna exports sustained their upward trajectory in August 2026, though the pace remained modest at just 2%. The month saw divergent trends across key markets: the US maintained its leading position, Japan and Canada improved, Russia surged and the EU continued to experience a steep downturn. These developments suggest that exporters are entering the final months of the year amid a market environment marked by greater uncertainty.
(seafood.vasep.com.vn) Congalsa has acquired the entire charter capital of Lenger Seafood Vietnam, giving it full ownership of the business and its Nam Dinh processing facility.
(seafood.vasep.com.vn) Ninh Binh Province is entering a peak period of action against illegal, unreported and unregulated (IUU) fishing, focusing on thoroughly addressing violations, closely monitoring fishing vessels at ports and preventing vessels from violating regulations and operating illegally in foreign waters ahead of the European Commission’s (EC) upcoming inspection in 2026.
(vasep.com.vn) The application of biotechnology in seed production is increasingly viewed as a strategic imperative to upgrade pangasius fingerling quality, optimize farming efficiency and anchor sustainable industry development.
(vasep.com.vn) On September 15, 2026, in Can Tho, VASEP and ASC jointly organized a training course titled “New ASC standards: updates and practical implementation guidance for farms, businesses and aquafeed mills”. Beyond briefing stakeholders on updated ASC requirements for aquaculture facilities and feed production, the workshop dedicated substantial floor time to directly addressing on-the-ground compliance bottlenecks encountered by Vietnamese enterprises.
(searfood.vasep.com.vn) Vietnam’s tilapia exports continued to post positive results in the first eight months of 2026, with total export value reaching US$90 million, up 43% year-on-year. However, exports in August alone stood at US$11 million, down 8%, reflecting uneven market developments. Brazil remained the leading market, while Japan recorded notable growth, opening up new opportunities for Vietnamese tilapia products.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.3 billion in the first eight months of 2026, up 12% year on year. However, growth has begun to slow and become more differentiated across markets, while the U.S. and EU continue to present significant challenges. The latest insights from the Global Shrimp Forum 2026 (GSF 2026), held in early September, also indicate that the final months of the year will remain highly competitive as global supply continues to expand and buyers increasingly focus on quality, product specifications, supply stability and the ability to meet market-specific demand.
(seafood.vasep.com.vn) In August 2026, Vietnam’s seafood exports reached $1.14 billion, up 6% year on year. Cumulative eight-month exports rose 11.8% to $8.00 billion, though momentum has cooled compared to the 12.8% growth seen through July. China - Hong Kong and ASEAN are offsetting weakness in the U.S, EU and partly Japan. This divergence will likely widen in Q4 as trade tariffs and traceability requirements directly weigh on new orders.
(seafood.vasep.com.vn) Vietnam–Russia relations are entering a new phase of cooperation, with a focus on expanding trade, investment and economic connectivity. Against this backdrop, tuna is emerging as one of the seafood products with significant growth potential in the Russian market. Export data for the first seven months of 2026 show strong growth in Vietnamese tuna exports to Russia. However, turning this momentum into sustainable market share will require businesses to address challenges related to logistics, payment and supply competition.
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Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
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