According to the Association of Seafood Exporters and Producers (VASEP), by the end of November, Vietnam's seafood exports to Russia reached nearly 150 million USD, up 27% over the same period in 2020. Export of products All major exports to Russia increased, of which pangasius exports increased by 83%, tuna, squid and octopus exports all increased by 63%, and other marine fish exports by 19%.
According to the Association of Seafood Exporters and Producers (VASEP), by the end of November, Vietnam's seafood exports to Russia reached nearly 150 million USD, up 27% over the same period in 2020. Exports of main products to Russia all increased, of which pangasius exports increased by 83%, tuna, squid and octopus exports all increased by 63%, and other marine fish exports increased by 19%. Although Russia accounts for less than 2% of Vietnam's total seafood export turnover, the recovery of exports to this market is a good sign in a year of turmoil because of the COVID-19 epidemic. The Russian market itself has been suffering from an oversupply of seafood since the end of 2020, when the COVID-19 pandemic made China tighten its seafood imports from Russia. With a turnover of nearly 30 million USD in 11 months, pangasius accounted for 19% of total seafood exports to this market. In early 2021, Russia approved 25 more Vietnamese enterprises to be allowed to export to this ...
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