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Russian fish goes to China not only as a raw material - fillets, minced meat, canned, and other finished products are in demand on the Chinese market

Published Mar 22, 2023

Tridge summary

In 2022, China was the primary market for Russia's fish products, with exports totaling 2.3 million tons valued at $6.1 billion. The exports included a variety of fish species from the Far Eastern and Northern basins, as well as carps and non-food meal from aquatic biological resources. The face-to-face negotiations between Russia and China in March 2023 marked the first since the pandemic, focusing on cooperation in the fishing industry, protection and reproduction of aquatic resources, and scientific research of sturgeon and salmon. The introduction of electronic certification to confirm the legality of catches is expected to streamline the process of importing Russian fish products to China, strengthening the long-standing cooperation between the two nations in preventing illegal fishing.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Chinese market remains the main market for domestic fish products. There is an expansion of the range, including through canned and finished products from herring, sardines, sardinella, sprats, salmon, crabs and other species. Of course, the bulk of exports are products from the catches of the Far Eastern and Northern basins: pollock, herring, salmon, cod, flounder, haddock, crabs, shrimp, squid. However, the supply structure also includes carps, freshwater fish, non-food meal from aquatic biological resources. At the end of 2022, 566 thousand tons of domestic fish products worth $1.5 billion were exported to China (excluding trade outside the customs area). The total volume of Russian fish exports amounted to 2.3 million tons for 6.1 billion US dollars. Russia and China continue to expand cooperation not only in joint trade. For the first time since the beginning of the pandemic, face-to-face negotiations between the two countries were held on the development of cooperation ...
Source: Fishretail

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