South Africa's dependence on imported fish: Trends and prospects

Imports as the basis of the market In 2023, South Africa imported 140.7 thousand tons of fish and seafood worth $277.1 million. The main items in imports are sardines, canned tuna, frozen shrimp and hake fillets. This highlights not only the country's high dependence on external supplies, but also the diversity of consumer demand for seafood. It is interesting to note that Russian fish producers still occupy an insignificant share of this market, having exported only 7.7 thousand tons of fish and seafood worth $8.4 million last year. Nevertheless, the South African market is a promising direction for Russian supplies, especially given the growing volumes of production and consumption in the BRICS countries. Prospects for Russian supplies Given that South Africa is a member of BRICS, interstate cooperation between the members of this association is actively developing. This creates additional opportunities for expanding trade and ensuring food security. According to VARPE ...