New developments in Russian imports of pangasius

November 26, 2007 17:10

Stricter regulations on hygiene and food safety set by the authorities in Russia (the second largest importer of Vietnamese pangasius) have  resulted in the reduction of pangasius exports to Russia. By the end of September 2007, exports fell by 1 percent in volume and 2 percent in value. According to Globefish.

Export of pangasius from Vietnam to Russia and Ukraine of Jan.-Sep 2007

2007

Динамика (%)

'000 MT

USD mil.

Volume

Value

Russia

27.8

54.1

-1

-2

Ukraine

17

29.5

222

194

Note: The table has been compiled from FAO Globefish figures.

Vietnamese pangasius exporters seemed to rapidly deal with fluctuations in the Russian market, the report said. Statistics show a reorientation of exports with sales to the Ukraine increasing by 222 percent in volume and 194 percent in value. The disparity between growth rates of volume and value suggests a drop in average export prices for the Ukraine which contrasts with the trend for other key destinations.

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