The value of seafood exports to China jumped 68% last year, and Russia expects more growth in the market.
Russia’s seafood exports to China rebounded 46 percent last year, a promising turnaround for Russian companies that are finding a number of its key markets closed in the wake of the Ukraine invasion.
The value of Russia’s exports to China — the majority of it pollock, crab and cod — rose 68 percent from the year prior to $2.75 billion (€2.56 billion), a reflection of the price inflation across the species, according to Russia’s Federal Export Development Center (Agroexport).
Pollock and crab exports made up the bulk of exports, accounting for $750 million (€698 million) and $710 million (€660 million), respectively.
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