Reorientation of Russian crab products exports in 2022
Industry Economic
December 15th, 2022
A significant part of Russian crab exports has been redistributed to Asian markets after the US market closed. According to the data of national government statistics, for the three quarters of 2022, China, South Korea and Japan increased crab imports from Russia by 7.6 thousand tons (+28%), which compensates for the drop in volumes by 2/3.
According to the Federal Agency for Fishery, the volume of crab production has been maintained at the level of 2021, which indicates the stability of the fishery, even taking into account export restrictions.
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