Russia doubled shrimp imports from China in 9 months

Published 2024년 11월 2일

Tridge summary

In the first nine months of this year, Russia saw a doubling of its shrimp purchases from China, reaching 2.7 thousand tons, with the majority being vannamei shrimp. Conversely, imports of northern shrimp from China dropped threefold due to Russia's increased domestic production by 18%, totaling 23.4 thousand tons. Over the past five years, Russia's shrimp imports have been volatile, fluctuating from 2,000 tons to 3.2 thousand tons. China's shrimp exports to Russia in the first nine months of this year increased by 75%, totaling 12.5 million dollars, although Russia's total purchases from China remain low, accounting for only 2% in weight and less than 1% in value.

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

Original content

In January-September of this year, the volume of purchases of various types of Chinese shrimp by Russia doubled compared to the same period last year, amounting to 2.7 thousand tons. Such data were provided by analysts of the Russian Fish Union in the organization's Telegram channel. According to experts, the main volume of growth was provided by vannamei (Russified Latin name), also known as white-legged. Let us recall that it is found mainly in the eastern part of the Pacific Ocean. At the same time, exports of northern shrimp from China decreased threefold compared to the same period last year and amounted to only 200 tons. This is due to an increase in Russia's own catch of this marine species. According to the union, as of October 22 of this year, its production increased by 18 percent to 23.4 thousand tons. The union's analysts also provided data on Russia's import of shrimp in physical terms for 9 months of the past five years. The dynamics turned out to be very unstable. ...

Source: Rosng