Russia's fish exports increased in volume but decreased in value by 1.7% in 2020, according to the Federal Agency for Fishery. The decrease in value is due to falling prices for herring and pollock, and decreased demand from the HoReCa segment. The agency's strategic goal is to move away from raw material exports. The European Union and the Middle East, including the United Arab Emirates and Saudi Arabia, are potential new markets for Russian fish products.