Export of Vietnamese pangasius to Russia decreased in the first two months of the year
Frozen Whole Catfish
Seafood
Vietnam
Russia
Published Apr 12, 2023
Tridge summary
According to the trend, only a few markets maintained positive growth in pangasius imports, such as Germany, Saudi Arabia, and the UK, while most major markets saw declines, including Russia.
Original content
According to the trend, only a few markets maintained positive growth in pangasius imports, such as Germany, Saudi Arabia and the UK, while most major markets saw declines, including Russia. In February 2023, pangasius exports to the Russian market reached almost $2 million, which is 40% less than in the same period last year (equivalent to $3 million), and accounted for 1% of the total value of Vietnamese pangasius in other markets. . In the first two months of 2023, the supply of Vietnamese pangasius to the Russian market amounted to almost $2.5 million, which is 53% less compared to the same period in 2022 and accounted for 1.4% of the total value of Vietnamese pangasius exports to markets. The share of the Russian market in the first 2 months of this year increased more than in the same period last year (only 1%). Even though pangasius prices have declined, inflation has reduced demand and import prices have declined. The conflict between Russia and Ukraine since the end of ...
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