Fish imports to the Russian Federation increased by 26% over 10 months, but fell by 29% in October

Published 2023년 11월 23일

Tridge summary

In the first 10 months of this year, the Russian Federation imported 465 thousand tons of fish, a 26% increase compared to the same period last year, with a total value of $1.9 billion. However, in the last three months, imports remained stable in terms of weight but saw a decrease of 18% in value, mainly due to the growth of the dollar. Frozen mackerel is the main imported product, accounting for 9% of the total weight of deliveries and 13% in October, followed by surimi and Vannamei shrimp.

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

Original content

Moscow. November 23. INTERFAX.RU - Over the 10 months of this year, the Russian Federation imported 465 thousand tons of fish, which is 26% more than in the same period last year. In value terms, supplies increased by 15%, to $1.9 billion. This was reported by the Fisheries Union, citing calculations by its analytical center. This dynamics is mainly explained by the low base effect of last spring, as explained in the press release. According to the results of the last three months (August-October), imports in weight did not change compared to the same period last year, but the cost of supplies decreased by 18%. In October, the figures fell: by 29% in physical terms and by 41% in value terms. The main reason for this dynamics is the growth of the dollar, as explained in the press release. According to the Fishing Union, the main imported product is frozen mackerel (in 2022 it was in sixth place). It accounts for 9% of the weight of deliveries over 10 months and 13% in October. In ...

Source: Interfax