Russian king crab and snow crab may return to the U.S. market

The last item of the agreement includes: "The United States will lift sanctions on Russian food (including fish and seafood) and fertilizer production and exporters." In 2022, former US President Biden announced sanctions against Russia, completely banning the import of Russian seafood into the US market. Around mid-2022, there were almost no Russian crabs on sale in the US market. According to data from the National Oceanic and Atmospheric Administration (NOAA), Russia was the eighth largest source of seafood for the United States in 2021, with sales of 48,867 tons and a value of US$1.2 billion. Russia exports as many as 80 kinds of seafood to the United States, with the highest value product being frozen snow crab, with sales of 18,823 tons and a value of US$509.9 million; frozen king crab is second, with sales of 8,486 tons and a value of US$419.7 million. Les, a senior international crab trader Hodges said: "If the Ukrainian conflict can be resolved fairly and justly, then ...