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) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
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