Russian seafood exports to China double

Recently, data released by the Russian Federal Fisheries Service Rosrybolovstvo showed that as of October, Russia’s seafood exports to China had doubled compared with the same period last year, reaching 944,000 tons. The total value of exported seafood also increased by 41%, reaching 1.79 billion US dollars (approximately 1.67 billion euros). ​ Frozen pollock is Russia's main export to China, and despite a significant price drop, exports increased by 5% to 504,000 tons, accounting for 53% of Russia's total exports to China. Russian exports of frozen pollock to China Prices fell to a six-year low in October, 15% below the average. Alexey Buglak, chairman of the Russian Cod Fisheries Association (PCA), said that this price drop is one of the main reasons for the slowdown in Russia's supply of frozen cod to China. ​ On the other hand, Russia’s exports of high value-added cod products to China have increased significantly. Buglak pointed out: “In the first eight months of this ...