Ukraine: Fish Imports About to Rebound
In 2016, exports of U.S. seafood and fish into Ukraine rebounded after two years of contraction. Decreased fish imports and consumption were caused by currency devaluation and disposable income decreases resulting from economic crisis in 2013 to 2015. Further stabilization of the political and economic situation in the country will likely facilitate import growth in 2017. In the near future Ukraine is likely to increase imports of traditional products – hake, pollock and salmon roe. Imports of high value added products will remain limited pending further income growth. Ukraine could restore its position as one of the top ten U.S. seafood export destinations by 2020.
