According to the report of VASEP in the first seven months of the current financial year Vietnamese seafood export to Russia increase but has not meet the target due to catches in 2009 in Russia well. Russian statistics revealed that catches doubled compared to 2008. Thus price of fresh fish was half of Vietnamese fish price. Not only Vietnamese seafood but also products from other exporters into Russia has faced difficulties in the first months of 2010.
These are the reasons that affected Vietnam’s seafood export to Russia from September 2009 to the end of April 2010. In the last 18 months, all Vietnamese seafood enterprises have complied with regulations on quality and food safety and hygiene when exporting to Russia. Since Steering Board of pangasius export to Russia was found, commitments on quality control have been fully performed by enterprises.
In this period the price of seafood decrease in leading markets like US and EU at the average of 5-10 percent. On the other hand the price of pangasius sold in Russia market has been risen at 0.07 USD/kg averagely. In order to reach the target of 100 million USD for seafood exported to Russia, enterprises should diversify their exported catagories from processed fillet pangasius to others like surimi or frozen shrimp.