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
(vasep.com.vn) Vietnam has strengthened its position in China’s massive seafood market, becoming the largest lobster supplier while maintaining a dominant share of the country’s imported pangasius.
(vasep.com.vn) Vietfish 2026 was more than just a larger exhibition space. Through B2B meetings, booth discussions, production-chain visits and post-show feedback, businesses and buyers found something more concrete: suitable suppliers, processing capabilities, technology solutions, new markets and a foundation for building long-term trust and partnerships.
(vasep.com.vn) Vietnam’s tilapia exports to the United States declined significantly in the first seven months of 2026. Cumulative export value reached US$18 million, down 42% from the same period in 2025. In July alone, exports amounted to just US$2 million, plunging 70%, indicating a clear slowdown in import demand from the US market.
(vasep.com.vn) At the seminar “Global Seafood Markets and the Future Workforce: Trends, Opportunities and Directions for the Sustainable Development of Vietnam’s Fisheries Sector,” held as part of VIETFISH 2026, Ms. Shirlene Maria Anthonysamy, Fisheries Officer (Markets) and GLOBEFISH Coordinator at the Food and Agriculture Organization of the United Nations (FAO), presented initiatives aimed at promoting youth participation in fisheries and aquaculture.
(vasep.com.vn) In the first seven months of 2026, Vietnam’s pangasius exports to the United States reached US$189 million, down 8% year-on-year. In July alone, export value reached US$22 million, down 28%. This trend indicates that U.S. demand for pangasius imports has remained relatively cautious this year, as importers tend to maintain moderate inventory levels and limit stockpiling.
(vasep.com.vn) After three days at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, the Vietnam International Fisheries Exhibition – VIETFISH 2026 – has successfully concluded, leaving a strong impression in terms of scale, visitor numbers, the quality of business connections, and innovative activities. With more than 14,000 m² of exhibition space, 335 companies, 568 booths, participation from representatives of 17 countries and territories, and nearly 15,000 visitors, VIETFISH 2026 has once again affirmed its role as an important meeting point for Vietnam’s and the global seafood industry.
(seafood.vasep.com.vn) Held as part of Vietfish 2026 from August 19–21 at SECC in Ho Chi Minh City, a series of five specialized seminars provided the seafood business community with updates on markets, technology, standards, human resources and cooperation opportunities. With the participation of experts, international organizations, government agencies and businesses from Vietnam and abroad, the seminars created an additional platform for professional exchange alongside the exhibition’s product showcases and business networking activities.
(seafood.vasep.com.vn) On the morning of August 19, 2026, the Vietnam International Seafood Exhibition – VIETFISH 2026 officially opened at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. With 568 booths representing 335 companies, alongside the presence of senior government officials, local authorities, diplomatic missions and international partners, VIETFISH 2026 kicks off three days of business networking, technology exchange and market engagement under the overarching theme “Innovation and Sustainability.”
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.
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
