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.
(seafoo.vasep.com.vn) Ca Mau Province is stepping up efforts to protect aquatic resources and promote transparent and sustainable fisheries, joining the country’s efforts to have the European Commission (EC) remove its “yellow card” warning for illegal, unreported and unregulated (IUU) fishing.
(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.
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
