This year, because the production of cephalopod in the world has reduced, therefore this pushed the price of raw materials higher. As a result, Russia's cephalopod import value grew by nearly 43%, reaching more than US$24 million.
Russia currently boosted imports of a wide range of frozen squid products, accounting for 52%; followed by processed squid items (including smoked product) HS code 160554, accounting for 45% of the total import volume of cephalopod into the country. This year, imports of processed squid products increased by 19%, while those of frozen items fell by 21%.
|
CEPHALOPOD IMPORTS INTO RUSSIA |
||||||
|
Products |
Volume (kg) |
Value (Thousand US$) |
||||
|
Jan-May 2017 |
Jan-May 2018 |
Variation (%) |
Jan-May 2017 |
Jan-May 2018 |
Variation (%) |
|
|
Frozen/smoked/salted squid |
2,720,361 |
2,147,898 |
-21.0 |
10,946 |
14,367 |
31.3 |
|
Processed squid |
1,539,882 |
1,836,114 |
19.2 |
5,793 |
9,439 |
62.9 |
|
Processed octopus |
31,831 |
68,340 |
114.7 |
232 |
461 |
98.7 |
|
Frozen/smoked/salted octopus |
9,541 |
4,016 |
-57.9 |
37 |
10 |
-73.0 |
|
Fresh/live/chilled octopus |
39 |
84 |
115.4 |
0 |
4 |
|
|
Total |
4,301,654 |
4,056,452 |
-5.7 |
17,008 |
24,281 |
42.8 |
|
(Source: ITC) |
||||||
China, Peru, Belarus, Thailand and Italy were the five largest suppliers to the Russian market.
Vietnam was currently one of the 10 major suppliers of cephalopod to this market. Up to the end of June, Vietnam’s cephalopod sales to Russia continued to increase. The figure in the first half of the year reached US$2.7 million, up 339% over the same period in 2017.
This year, due to the low production of cephalopod, China’s cephalopod exports to Russia decreased. As a result, the country is increasingly importing this item from other countries such as Peru, Thailand or Vietnam.
And this is a good opportunity for businesses to promote exports of cephalopod to the Russian market.
(seafood.vasep.com.vn) Khanh Hoa Provincial Agricultural Extension Center, in collaboration with the Northern Center for Marine Aquaculture Research and the Van Hung Public Service Center, recently organized a training course on disease-free golden pompano seed production. The program is part of a National Agricultural Extension Project aimed at developing industrial-scale seed production models to support sustainable marine aquaculture.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
(seafood.vasep.com.vn) The application of high technology in shrimp farming is delivering positive results in the coastal areas of Vinh Long Province, contributing to improved production efficiency and creating significant potential for further industry expansion. However, to fully capitalize on this potential, the province is focusing on aquaculture zoning, infrastructure investment, and promoting modern, sustainable production.
(seafood.vasep.com.vn) Đồng Tháp Province has intensified efforts to curb illegal fishing by strengthening vessel monitoring, law enforcement and seafood traceability.
(seafood.vasep.com.vn) Seafood businesses need solutions to overcome bottlenecks such as labor shortages, difficulty accessing capital, high input costs, and administrative procedures in order to maintain production, adapt to market fluctuations, and effectively exploit export opportunities.
(seafood.vasep.com.vn) The FTA would widen access to markets with strong demand for premium food products in line with the country’s strategy of shifting exports towards increasing added value.
(seafood.vasep.com.vn) On the morning of July 13th, Mr. Ho Quoc Dung, Member of the Central Committee of the Communist Party of Vietnam and Deputy Prime Minister, along with his delegation, visited and worked with businesses in An Giang province to promptly resolve obstacles and promote production and business activities.
(seafood.vasep.com.vn) As importing markets increasingly focus on biosecurity and traceability, Vietnam has established a relatively comprehensive legal framework and disease management system for aquaculture, covering tilapia farming as well as other cultured species. This system is based on the Law on Animal Health, regulations on the prevention and control of aquatic animal diseases, the National Plan for the Prevention and Control of Major Diseases in Farmed Aquatic Species, and environmental monitoring and early warning programs for aquaculture areas.
(seafood.vasep.com.vn) On July 9, 2026, the Embassy of Vietnam in Brazil organized the seminar titled “Sharing Information on Vietnam-Brazil Economic, Trade and Investment Relations in the First Half of 2026” to provide updates on bilateral cooperation and strengthen connections among government agencies, industry associations, and business communities of the two countries.
(seafood.vasep.com.vn) Seafood exports in the first 6 months of the year continued to be a bright spot with a total turnover of 5.7 billion USD, an increase of 11.4% compared to the same period last year. By commodity group, seafood is one of the three groups with a trade balance in the first 6 months of 2026 in a surplus state with 4.13 billion USD, an increase of 17%.
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