Thailand chicken export business opportunities show
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Last Update: 2002-04-01
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Source: Internet
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Author: User
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Introduction: according to overseas media reports, Russia has banned the import of American chicken due to the excessive use of chemical additives in feed by American chicken industry Thai industry believes that this will bring new business opportunities to Thai chicken industry According to the Department of economy of the Ministry of Commerce of Thailand, the total value of chicken exported by the United States to Russia in 2001 reached 657 million US dollars, and American chicken accounted for 50% of the market share in Russia In contrast, Thailand exported only 430000 tons of chicken to Russia in 2001, worth 38 billion baht However, due to the fact that the Russian importers are not rich in funds and the credit in the Thai industry is not high, Thai merchants are mostly deterred from the Russian market The Ministry of Commerce suggested that the Export Import Bank of Thailand should assist local manufacturers to reduce trade risks with Russia.
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