According to the trend, only a few markets kept positive growth in pangasius imports such as Germany, Saudi Arabia, and the UK, while most of the major markets decreased, including Russia.
In February 2023, pangasius exports to the Russian market reached nearly 2 million USD, down 40% over the same period last year (equivalent to 3 million USD) and accounted for 1% of the total value of Vietnamese pangasius to other markets. .
In the first two months of 2023, Vietnam's pangasius to the Russian market reached nearly $2.5 million, down 53% compared to the same period in 2022 and accounted for 1.4% of the total value of Vietnamese pangasius exports to markets. The proportion of the Russian market in the first 2 months of this year increased higher than the same period last year (only 1%). Although pangasius decreased, the context of inflation reduced demand and decreased import prices, sales by the end of February are also a positive sign.
The conflict between Russia and Ukraine since the end of February 2022 has greatly affected world trade, including Vietnam, causing traffic congestion and difficult trade payments. Although the proportion of Vietnam's seafood exports to these two countries is not large, the escalating tension also creates chain consequences, affecting the seafood exports of the countries. Therefore, in the period of March and April, 2022, Vietnam's seafood exports to Russia stagnated, decreasing by 86% and 46% respectively.
When the war between Russia and Ukraine occurred, Russia was embargoed, Vietnamese goods exported to Russia were also delayed for 3 months, some orders had to be returned, businesses had to process goods. exist or seek to export to other markets. Currently 1 year after the war between Russia and Ukraine, Vietnamese pangasius to the Russian market is showing positive signs of recovery. From the end of 2022, Russia has accelerated the import of Vietnamese pangasius.
In the context of inflation, the Russian market is also not affected as much as Western countries. In addition, Russia is promoting seafood trade with other countries, including China, India and Bangladesh. Vietnamese seafood more or less also has to compete with other countries, especially China, on the Russian market. The Russian economy will be more dependent on China because of the common border. However, Vietnam is still the number one source of pangasius in Russia.
It is forecasted that in the following months, the volume of pangasius to Russia may increase slightly. However, the price of pangasius to this market will decrease compared to 2022, following the general trend. Moreover, Russia's food price inflation is cooling down month by month, which has a negative impact on the prices of the country's seafood products.
According to Russian statistics, from March 13 to March 19, the prices of frozen fish products were stable, sometimes decreasing. In the Far East, pollock prices fell 2.1% (95₽/kg), Pacific herring 3.2% (60₽/kg). Prices of Pacific cod and halibut remained at the level of last week - 220₽ and 70₽/kg. In the Northwest, Atlantic herring decreased by 3.1% (93₽/kg). The price of mackerel remains unchanged: 167₽/kg.
In the central regions, the price of capelin fell 3.4% to 85₽/kg. Atlantic herring fell 1.7% to 113₽/kg. Pollock prices remained at the level of last week - 118₽/kg.
Thu Hang
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn
