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Vietnam: Catfish and seafood exports to Russia increased sharply

Xuất khẩu cá tra và hải sản sang Nga tăng mạnh
This news article has been translated to English.
Frozen Catfish Fillet
Seafood
Russia
COVID-19
Price Trend
Dec 31, 2021
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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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