At the end of February 2022, Vietnamese seafood in Russia, including pangasius, must compete more strongly with some other suppliers, such as China, India, and Bangladesh, when this country increases trade due to the effects of the conflict. The Russia-Ukraine conflict affects world shipping and trade settlement processes. China and Russia share a common border, so, understandably, Russia depends more on this supplier instead of choosing other sources of supply that go through maritime areas affected by war.
However, two years after the Russia-Ukraine conflict occurred, despite implementing the policy of increasing exports and reducing imports, for Pangasius, Vietnam is still the number one supplier in Russia. According to Vietnam Customs data, in May 2024, Vietnamese pangasius exports to Russia increased 6.5 times compared to the same period in 2023. By the end of May 2024, cumulative Vietnamese pangasius exports to Russia reached more than 8 million USD, up 35% over the same period last year.
Unlike other markets, Russia almost does not import VAT pangasius products but focuses more on dried pangasius and other frozen products and frozen pangasius fillets from Vietnam.
Exports of dried pangasius and other frozen products (HS code 03, except pangasius HS code 0304) to Russia in the first 5 months of this year recorded an increase of 77% over the same period last year. However, Russia's demand for this product is unstable, as it continuously increases and decreases, typically, in May 2024, this country recorded a growth of 8.5 times compared to May 2023 and an increase of 3 times. compared to the previous month, while April 2024 just witnessed a negative growth of 35% compared to the same period in 2023.
Frozen pangasius fillets were still the main product Vietnam exports to Russia, accounting for 80% of the proportion in the first 5 months of this year. In May 2024, exports of frozen pangasius fillets to this market reached more than 2 million USD, an increase of 6.5 times compared to the same period last year. This is also the highest value of frozen pangasius fillet exports to Russia since the beginning of this year.
The top 5 Vietnamese enterprises exporting pangasius to Russia include Que Ky, Nam Viet, Hung Ca, Tran Han, and Van Y, with the following main products: frozen pangasius fillets (HS code 03046200), whole pangasius cut into butterflies (HS code 03032400), frozen cut pangasius fillets (HS code 03046200),...
Cumulatively, for the first 5 months of the years, from 2021 to 2024, Vietnamese pangasius exports to Russia decreased from 17 million USD in the first 5 months of 2021 to 8 million USD in the first 5 months of this year. The war has had a significant impact on pangasius export activities to this market. However, compared to the same period last year, Vietnamese pangasius exports to Russia in the first five months of this year had shown positive signs of recovery.
President Vladimir Putin paid a state visit to Vietnam in the last days of June, right at the time the two countries celebrated the 30th anniversary of signing the Treaty on the Basic Principles of Friendly Relations between Vietnam and the Russian Federation. This event has important significance, further deepening the comprehensive strategic partnership between Vietnam and Russia in all fields and raising the level of the new situation, especially in the context of the two countries' ongoing efforts to realize the Joint Declaration on the vision of the Comprehensive Strategic Partnership until 2030, while opening up new opportunities for export trade, including exporting pangasius to Russia.
(seafood.vasep.com.vn) Biofloc technology is being piloted in several rice–shrimp farming models in Ca Mau Province, showing initial positive results in controlling pond environments, improving shrimp seed quality, and supporting sustainable aquaculture development.
(seafood.vasep.com.vn) In the first four months of 2026, Mexico, Brazil, and Colombia together contributed USD 108 million to Vietnam’s pangasius exports, accounting for around 15% of the industry’s total export turnover. Amid tightening global whitefish supply and slowing demand in several traditional markets, Latin America is increasingly becoming an important expansion destination for the sector.
(seafood.vasep.com.vn) Alongside the development of high-tech shrimp farming, Ha Tinh Province is accelerating the cultivation of high-value freshwater aquatic species, with red tilapia emerging as an effective and sustainable farming model.
(vasep.com.vn) Vietnam’s tuna exports reached USD 81 million in April 2026, down 6% compared to the same period in 2025. In the first four months of the year, export turnover totaled USD 289 million, down 4.8%. Although the overall export picture has yet to brighten significantly, market trends are becoming increasingly diversified rather than moving in a single direction.
(seafood.vasep.com.vn) Vietnam’s pangasius industry is undergoing strong restructuring starting from the broodstock and fingerling segment in order to improve productivity, quality, and export competitiveness. This is considered a critical foundation for the sustainable development of the industry amid rising production costs and increasingly stringent market requirements.
(seafood.vasep.com.vn) According to Vietnam Customs data, pangasius exports in April 2026 reached USD 206 million, up 18% compared to the same period in 2025 — marking another consecutive month of double-digit growth since the beginning of the year. Cumulative pangasius export turnover in the first four months of 2026 reached USD 720 million, up 17% year-on-year, reflecting the positive growth momentum of this key export product.
(seafood.vasep.com.vn) Vietnam’s shrimp exports in the first four months of 2026 maintained positive growth momentum, reaching approximately USD 1.5 billion, up 15% compared to the same period last year. However, behind this result lies diverging trends across markets, as the global shrimp industry continues to face pressure from inflation, high inventories, price competition, and increasing trade risks.
(seafood.vasep.com.vn) In Vinh Tuy commune (Kien Giang Province), many shrimp farmers are adopting bottom aeration systems and reporting clear economic benefits, helping increase income and reduce production risks.
(vasep.com.vn) In the first three months of 2026, Vietnam’s exports of crabs and other crustaceans reached more than USD 93 million, up 23% compared to the same period last year. The result shows that the sector is experiencing a fairly positive recovery, especially in its two key product groups: crabs and swimming crabs. However, behind the growth figures are several concerns: export markets remain highly concentrated, raw material supply is unstable, and trade barriers from the US and EU are becoming increasingly stringent.
(seafood.vasep.com.vn) In Ca Mau province, many farmers are transitioning from traditional methods to high-tech shrimp farming, adopting recirculating systems with minimal water exchange to improve efficiency and reduce risks. In Hung My commune alone, there are about 260 super-intensive shrimp farming households covering more than 265 hectares, playing a key role in local economic development.
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