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
The Vietnam Association of Seafood Exporters and Producers (VASEP) officially announces that the Vietnam International Seafood Exhibition (Vietfish 2026) will take place from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City.
(seafood.vasep.com.vn) Vietnam’s seafood exports recorded strong growth in the first half of 2026, but the performance was increasingly uneven across products, markets and enterprises. VASEP’s newly released premium report provides the detailed data and analysis needed to understand what lies behind the headline figures and prepare for the more challenging months ahead.
(seafood.vasep.com.vn) Brazil remains one of the key markets for Vietnamese pangasius in South America. However, exports to the market showed signs of slowing in the first half of 2026, while frozen pangasius fillets continued to account for the overwhelming majority of exports.
(seafood.vasep.com.vn) Marking 27 years of supporting Vietnam’s seafood industry, the Vietnam International Seafood Exhibition (VIETFISH 2026) will officially return from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, on its largest scale ever. Under the core theme “Innovation – Sustainability,” the event promises to provide a comprehensive picture of the transformation of Vietnam’s seafood industry toward greater value addition and sustainable development.
(seafood.vasep.com.vn) With less than three weeks remaining, the Vietnam Fisheries International Exhibition – Vietfish 2026 will officially take place from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Under the theme "Innovation – Sustainability," Vietfish 2026 will provide a comprehensive networking platform for seafood businesses, buyers, distributors, industry experts, government agencies, and domestic and international visitors.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition – Vietfish 2026, the technical seminar “Green and Sustainable Technology Solutions for the Aquaculture and Seafood Processing Value Chain” will take place from 09:30 to 11:45 on August 20, 2026, at Convention Room B, Level 2, SECC, Ho Chi Minh City. The seminar is jointly organized by VASEP, the Department of Fisheries and Fisheries Surveillance, and the Royal Norwegian Embassy in Vietnam, focusing on technological innovation and sustainable transformation across Vietnam’s seafood value chain.
(seafood.vasep.com.vn) Market fluctuations, rising production costs, and increasingly stringent requirements from export markets are placing growing pressure on the shrimp industry. In response, Vinh Long Province is promoting high-tech shrimp farming integrated with production–consumption value chains to improve efficiency, reduce risks, and enhance the industry's value.
(seafood.vasep.com.vn) Vietnam's tilapia exports to Japan posted strong growth in the first half of 2026, while a promising new trend has emerged in the value-added product segment. Notably, Vietnamese tilapia fillets have been exported to Japan for use in sushi and sashimi, creating new opportunities to enhance the value of the industry in one of the world's most demanding seafood markets.
(seafood.vasep.com.vn) After a relatively sluggish first quarter, Vietnam's exports of fish cakes and surimi showed a clearer recovery in the second quarter, particularly in June. Export value in the first six months of 2026 reached USD 148 million, down 2% year on year. However, the newly imposed 12.5% additional U.S. tariff on Vietnamese goods, intensifying competition in Northeast Asia, and increasingly stringent traceability requirements in the EU are making the outlook for the second half of the year more uncertain.
(seafood.vasep.com.vn) In June 2026, Vietnam's shrimp exports reached nearly USD 458 million, up 24% year-on-year. In the first six months of 2026, export value totaled USD 2.35 billion, an increase of 14.2% compared with the same period last year. Growth was driven mainly by the Chinese market and the strong performance of lobster exports, while shrimp exports continued to face pressure from U.S. tariffs and rising logistics costs.
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
