Russia emerges as a bright spot for tuna exports
According to Vietnam’s export data, in the first seven months of 2026, Vietnam’s tuna exports to Russia reached approximately US$33.4 million, up 72% year-on-year. This was the highest growth rate among the major markets for Vietnamese tuna during the period.
Growth was relatively consistent during the first months of the year. Notably, the increase did not come from just a few individual orders but continued across several consecutive months. This indicates a clear improvement in demand in the Russian market and suggests that Vietnamese companies are making better use of opportunities there.
Vietnam–Russia relations provide a stronger foundation for seafood trade
The Joint Statement on strengthening Vietnam–Russia relations in the new phase reaffirmed the two countries’ commitment to promoting economic and trade cooperation and expanding connectivity.
For the seafood industry, Russia is a large-potential market that has yet to be fully tapped. Russian consumers have a long-standing preference for seafood products, including canned tuna, frozen tuna and convenient processed products.
Continued efforts by the two countries to promote trade are creating more favorable conditions for businesses on both sides to expand commercial ties, strengthen supply-chain stability and explore long-term cooperation opportunities.
In addition, the Vietnam–Eurasian Economic Union Free Trade Agreement (VN-EAEU FTA) remains an important framework supporting access for Vietnamese products, including seafood, to the Russian market under more favorable conditions.
Russia is becoming a strategic destination, not merely an alternative market
In recent years, Vietnamese tuna exports have faced considerable volatility in traditional markets such as the US and EU. New requirements related to traceability, combating IUU fishing, tariffs and growing supply competition have increased pressure on exporters.
Against this backdrop, Russia is emerging as a market that can help Vietnamese companies diversify their export destinations.
However, Russia is not an easy market. Competition comes from a range of suppliers, particularly China, Thailand, Ecuador, Indonesia and other established tuna-producing countries.
Companies seeking to expand in Russia cannot rely solely on price competitiveness. Factors such as supply stability, long-term delivery capacity, food safety standards, packaging suited to local consumer preferences and international payment capabilities will become increasingly important.
Logistics and payment remain key challenges
Despite strong growth, the Russian market continues to present several barriers.
The long geographical distance means that transportation costs and delivery times need to be carefully considered. Changes in international shipping routes, cargo insurance and cross-border payment methods can directly affect export efficiency.
For small and medium-sized enterprises in particular, building stable relationships with Russian importers, selecting secure payment methods and maintaining healthy cash flow should be priorities.
The Russian market also has distinctive consumer preferences. Canned tuna, convenient products and competitively priced items aimed at mass-market consumers offer considerable potential, but companies need to carefully study packaging specifications, consumer tastes and distribution channels.
Moving from order growth to long-term market development
The results for the first seven months of 2026 show that Russia is becoming a new bright spot for Vietnamese tuna exports. To sustain this growth, businesses should view Russia not simply as a supplementary market when other destinations become more challenging, but as a strategic long-term market.
Opportunities are emerging from improving bilateral relations and Russia’s import demand. However, to fully capitalize on these opportunities, Vietnamese tuna exporters need to move beyond short-term orders and focus on building brands, developing long-term relationships with importers and establishing stable supply chains.
(seafood.vasep.com.vn) In the first eight months of 2026, Vietnam’s exports of surimi and fish cakes remained relatively stable year-over-year compared to 2025. Following a contraction in the initial months, export performance demonstrated improvement from June onward, peaking in August. However, the recovery has been uneven, characterized by divergent trends across major markets: robust growth was recorded in China, Japan, Malaysia, the United States, and Taiwan, whereas export volumes to South Korea, Indonesia, and select European markets contracted.
(seafood.vasep.com.vn) Pangasius remains one of Dong Thap’s key aquaculture species, with the province focusing on developing an integrated value chain covering seed production, commercial farming, deep processing and by-product utilization. The province is promoting high-tech, circular pangasius farming models featuring reduced water exchange and enhanced biosecurity, aiming to improve production efficiency and strengthen control over raw material quality.
(vasep.com.vn) Vietnam’s seafood exports in September 2026 are estimated at US$1.135 billion, up 11.9% year-on-year, bringing total exports in the first nine months of the year to US$9.103 billion, up 11.4%. Behind this double-digit growth, however, increasingly divergent market trends are emerging: China–Hong Kong and ASEAN posted strong growth, while the U.S., EU and Japan all recorded declines in September.
(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.
(vasep.com.vn) Vietnam’s tuna exports sustained their upward trajectory in August 2026, though the pace remained modest at just 2%. The month saw divergent trends across key markets: the US maintained its leading position, Japan and Canada improved, Russia surged and the EU continued to experience a steep downturn. These developments suggest that exporters are entering the final months of the year amid a market environment marked by greater uncertainty.
(seafood.vasep.com.vn) Congalsa has acquired the entire charter capital of Lenger Seafood Vietnam, giving it full ownership of the business and its Nam Dinh processing facility.
(seafood.vasep.com.vn) Ninh Binh Province is entering a peak period of action against illegal, unreported and unregulated (IUU) fishing, focusing on thoroughly addressing violations, closely monitoring fishing vessels at ports and preventing vessels from violating regulations and operating illegally in foreign waters ahead of the European Commission’s (EC) upcoming inspection in 2026.
(vasep.com.vn) The application of biotechnology in seed production is increasingly viewed as a strategic imperative to upgrade pangasius fingerling quality, optimize farming efficiency and anchor sustainable industry development.
(vasep.com.vn) On September 15, 2026, in Can Tho, VASEP and ASC jointly organized a training course titled “New ASC standards: updates and practical implementation guidance for farms, businesses and aquafeed mills”. Beyond briefing stakeholders on updated ASC requirements for aquaculture facilities and feed production, the workshop dedicated substantial floor time to directly addressing on-the-ground compliance bottlenecks encountered by Vietnamese enterprises.
(searfood.vasep.com.vn) Vietnam’s tilapia exports continued to post positive results in the first eight months of 2026, with total export value reaching US$90 million, up 43% year-on-year. However, exports in August alone stood at US$11 million, down 8%, reflecting uneven market developments. Brazil remained the leading market, while Japan recorded notable growth, opening up new opportunities for Vietnamese tilapia products.
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