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    Home > Food News > Food Articles > Vietnam's seafood exports to Russia and Ukraine have dropped sharply, and transportation and payment are facing difficulties

    Vietnam's seafood exports to Russia and Ukraine have dropped sharply, and transportation and payment are facing difficulties

    • Last Update: 2022-04-16
    • Source: Internet
    • Author: User
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    VNExpress reported that since the Russian-Ukrainian conflict, Vietnam ’s seafood exports to Eastern European countries have fallen sharply
    .
     
    According to reports from five Vietnamese pangasius producers, the value of Russian exports has fallen by 29.
    8% since the beginning of this year and increased by 72.
    5% in the same period last year.
    The depreciation of the Russian ruble by 30% has dampened the willingness of many buyers to place orders, and payment has also become difficult due to Western sanctions.

    .
     
    Despite the continued demand, Vietnamese pangasius exporters have basically stopped doing business in Russia
    .
     
    In addition, the challenges of shipping problems are also increasing.
    Many shipping companies refuse to accept orders from Russia, mainly considering that the goods may be inspected in transit
    .
     
    From January to February 15 this year, Vietnam’s shrimp exports to Russia fell 23 percent year-on-year to US$3.
    3 million
    .
    Exporters say that there are too many uncertainties in customs clearance of goods, and there are many difficulties in transactions and payments
    .

     
      Russia and Ukraine are both the top 20 export markets for Vietnamese tuna, but exporters say they are now trying to find new markets after several shipments were returned amid the military conflict
    .

    Export of seafood
     
      According to reports from five Vietnamese pangasius producers, the value of Russian exports has fallen by 29.
    8% since the beginning of this year and increased by 72.
    5% in the same period last year.
    The depreciation of the Russian ruble by 30% has dampened the willingness of many buyers to place orders, and payment has also become difficult due to Western sanctions.

    .
     
      Despite the continued demand, Vietnamese pangasius exporters have basically stopped doing business in Russia
    .
     
      In addition, the challenges of shipping problems are also increasing.
    Many shipping companies refuse to accept orders from Russia, mainly considering that the goods may be inspected in transit
    .
     
      From January to February 15 this year, Vietnam’s shrimp exports to Russia fell 23 percent year-on-year to US$3.
    3 million
    .
    Exporters say that there are too many uncertainties in customs clearance of goods, and there are many difficulties in transactions and payments
    .

     
      Russia and Ukraine are both the top 20 export markets for Vietnamese tuna, but exporters say they are now trying to find new markets after several shipments were returned amid the military conflict
    .
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