Russia will export 1.2 million tons of seafood to China in 2023

Seafood

China

Russia

Market & Price Trends

Published Feb 21, 2024

Tridge summary

In 2023, Russia's seafood exports to China are projected to double from the previous year, exceeding 1.2 million tons, even as exports to other major markets like South Korea and Japan have declined by 33% and 43% respectively. This comes as Russia's total seafood production hit a record 4.4 million tons, a 6% increase from the previous year. The majority of Russia's exports are frozen fish, with pollock, herring, and crab being the most valuable.

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

According to Russian official data, Russia's total seafood exports to China in 2023 will exceed 1.2 million tons, approximately double the previous year, while exports from other countries have dropped significantly. According to statistics from the Russian fishery agency Rosrybolovstvo, Russia's total seafood production hit a historical record in 2023, reaching 4.4 million tons, an increase of 6% over the previous year. Among them, frozen fish production reached 3 million tons, an increase of 9%. Russia's total seafood exports will increase by 12% to 2.2 million tons in 2023, of which 1.21 million tons will be exported to China, doubling the previous year. On the other hand, exports from other major markets (such as Japan and South Korea) dropped significantly. South Korea exported approximately 617,000 tons, a year-on-year decrease of 33%; Japan exported 33,000 tons, a decrease of 43%; the Netherlands exported 138,000 tons, an increase of 4%; Belarus 75,500 tons, a ...

Source: Foodmate