Russia used to be the traditional export market of Vietnamese pangasius. However, exports to this market are not stable because this country's import policy is different from other markets. Earlier this year, Vietnam exported three main product groups: frozen pangasius fillets, frozen pangasius and frozen whole pangasius to this market.
Until now, Russia is one of the largest exporters of white fish (pollen) in the world but also an importer of many white fish products from China, Argentina and Vietnam.
In 2020, frozen hake (HS code 030366) accounted for the largest proportion of imports in the structure of imports of white fish products of Russia, about 41%, followed by frozen pangasius fillets (HS code 030462) accounting for the largest proportion of imports. 18%, frozen tilapia fillets (HS code 030461) and hake fish fillets (HS code 030474).
Currently, Russia is importing frozen tilapia products from China and hake from China and Argentina. It is known that in 2020, Russia's seafood industry also wobbled due to Covid because the two largest pollock export markets, China and South Korea, stopped importing for many months to cope with the epidemic situation.
In early 2021, Vietnam is the largest supplier of frozen pangasius to the Russian market. In addition, Russia also imports pangasius products from Belarus and Kazakhstan, but the volume is insignificant.
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Top 4 Vietnam pangasius exporters to Russia, Jan – Mar 2021 |
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1 |
Hung Hau Agriculture Co., Ltd |
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2 |
Hiep Thanh Seafood Jsc |
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3 |
Vany Corp |
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4 |
Que Ky Food Jsc |
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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