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) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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
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