Canadian lawmakers are trying to force Japan to stop importing Russian crabs
Frozen Crab
Seafood
Canada
Published May 5, 2023
Tridge summary
Blocked in the US market, Russia is targeting Asia more for its snow crab and king crabs and has slashed their prices, according to Undercurrent News. This made it much more difficult for the Canadian snow crab to compete. Japanese trade publication Toyo Keizai reports that as of October last year, Japan increased imports of all types of Russian crab by 50% compared to the same period last year.
Original content
Blocked in the US market, Russia is targeting Asia more for its snow crab and king crabs and has slashed their prices, according to Undercurrent News. This made it much harder for the Canadian snow crab to compete. Japanese trade publication Toyo Keizai reports that as of October last year, Japan increased imports of all types of Russian crab by 50% compared to the same period last year. The article notes that due to an oversupply of 2022 frozen snow crab still in stock and weak demand, the Newfoundland and Labrador (NL) Fish Price Commission of Canada has set a dock price of just CA$2.20 per pound. instead of 7.60 Canadian dollars per pound observed at the beginning of the 2022 season. In response, the miners abandoned the fishery. Clifford Small, MP for Newfoundland and Labrador, has raised the issue several times in recent months, saying Ottawa should pressure Japan to ban Russian crab as a measure of solidarity among the G7 countries. He noted that NL snow crab sales in 2021 ...
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