Export of fish from Russia in 2020 increased, in value terms decreased

Published 2021년 2월 26일

Tridge summary

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.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the head of the Federal Agency for Fishery, fish exports last year increased in absolute terms, but in value terms decreased by 1.7%. "This is due, among other things, to a drop in prices for the main objects washed - herring and pollock due to restrictions that were introduced by our partners, and in general, a decrease in demand from such a segment as HoReCa," Ilya Shestakov explained. “Our strategic task is to get away from raw material exports altogether,” Shestakov stressed. “If we talk about promising countries, then, of course, the production of products with high added value opens up opportunities for deliveries to new markets from the Far ...
Source: Fishnet.ru

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