Russia has become the largest supplier of seafood to South Korea in 2023

Seafood

Russia

Market & Price Trends

Published Jan 17, 2024

Tridge summary

The top 10 supplying countries for fishery products included Russia, China, Norway, Peru, Vietnam, the United States, Taiwan, Chile, Japan, and Mexico, for a total of 94 importing countries. Russia had the largest share of products in total imports at 29.6%, with the United States being the lowest at 4.3%. Import value of fishery products in 2023 was US$4,580.16 million, with the average import price being US$4.71 per kg, and the highest price being in Norway at US$7.21 per kg.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The top 10 supplying countries included Russia, China, Norway, Peru, Vietnam, the United States, Taiwan, Chile, Japan and Mexico, for a total of 94 importing countries. The share of Russian products in total imports was 29.6%, followed by China (21.8%), Norway (8.05%), Peru (6.45%) and Vietnam (5.51%). Russia received 288,051 tons, which is 45.5% less than 528,065 tons in the same period last year, China increased supplies by 1.4% to 212,387 tons, Norway decreased exports by 10.7% to 78,354 tons, Peru increased by 40.4% to 78,354 tons, and Vietnam increased by 3.7% to 53,580 tons. Product exports from the United States decreased by 8.6% to 39,769 tons, Taiwan increased shipments by 28.7% to 29,821 tons, Japan decreased by 15.6% to 24,680 tons. The main products from the 10 main supplying countries are: frozen pollock in Russia, frozen monkfish in China, frozen giant squid in Peru, frozen small octopus in Vietnam, frozen yellowfin flounder in the United States, frozen saury in ...

Source: Fishretail