In accordance with Nikolai Burulin, chief knowledgeable for market evaluation and forecasting of the Russian Nationwide Union of Pig Breeders: “After a decline in 2022, exports of pork merchandise elevated by 59% in 2023, in response to our estimates. The principle export markets had been Vietnam and Belarus with shares of greater than 30%. The rise in exports was largely because of the restoration of provides to Southeast Asian nations: Vietnam (+394 thousand tonnes, +86%) and Hong Kong (+2.5 thousand tonnes, +57%). Even though Hong Kong’s share in Russian exports of pork merchandise in 2023 was solely 2.5%, this space is without doubt one of the priorities of home corporations, because it has nice potential.

February 8, 2024/ Russia.
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