Russia and China are increasing fish trade

Published 2023년 9월 11일

Tridge summary

Between January and August 2023, the export of fishery products from Russia to China increased by 78.5%, reaching 716 thousand tons valued at $1.38 billion. Pollock accounted for over 60% of the total volume, followed by herring, fishmeal, and crabs. On the other hand, the import of fish products from China to Russia in the same period increased by 23% compared to 2022, with crustaceans, mollusks, frozen fish, and canned fish being the main components. The total trade between Russia and China during this period increased by 32% to $155.1 billion.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The volume of exports of fishery products to China for January-August 2023 amounted to 716 thousand tons with a total value of 1.38 billion US dollars - almost 80% (78.5%) higher. The leading positions in the export structure were occupied by pollock (more than 60% of the total volume), herring (about 14%), fishmeal and crabs. The most “cash” products: crabs (more than $500 million) and pollock ($470 million). The volume of imports of fish products from China in January-August 2023 amounted to 38 thousand tons with a total value of 215 million US dollars, which is 23% more than the level of 2022. In the structure of imports, crustaceans and mollusks occupy about 25% of the total volume, frozen fish - also almost 25%, canned fish and shellfish products - 22%. The most “expensive” individual import item is sturgeon caviar ...
Source: Fishretail

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