The volume of live crab imports to Russia has increased significantly, with annual imports expected to exceed 40,000 tons.

Since 2022, Russian seafood exports have been impacted by sanctions from Western countries, reshaping the global trade landscape, with China becoming the primary export destination for high-quality king crab. The growth in Russian crab exports to China is also due to increased quotas and the opening of new shipping routes, further expanding the transportation channels in the Far East and the Barents Sea, ensuring a sufficient supply throughout the year. From a price curve perspective, prices were higher from January to March, reaching $35-$50/kg, while prices in the summer months were $21-$25/kg. The quota investment policy implemented by Russia has further improved the efficiency of live crab fishing, with maritime routes opened from the Russian Far East to multiple Chinese ports. For example, the discharge volume in Rizhao and Qingdao, Shandong, almost doubled in 2024, and the arrival volume in Ningbo-Zhoushan Port and Shanghai increased significantly, with Jiangsu ports opening ...