Russian frozen cod is popular in the Chinese market due to its price advantage

Published 2024년 6월 25일

Tridge summary

Russia is the second largest seafood supplier to China, with exports valued at $2.9 billion in 2023. The majority of these exports, around $1.6 billion, are frozen fish, while $1.2 billion are crustaceans. The main supply categories to China include pollock, cod, Pacific salmon, and frozen sardines. The growing demand for white fish in the Chinese market presents a good opportunity for Russian exporters. Recently, the price of Russian frozen cod has fallen sharply, making it more popular in the Chinese market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Russia is China's second largest seafood supplier after Ecuador. By value, Russian seafood exports to China in 2023 will be $2.9 billion, of which about $1.6 billion will come from frozen fish and $1.2 billion from crustaceans. Russia's main supply categories to China include: pollock ($642 million), cod ($345 million), Pacific salmon ($160 million) and frozen sardines ($153 million). The growing demand for white fish in the Chinese mainland market provides good ...

Source: Foodmate