Supplies of Russian fish products to Brazil, 9M2026

Industry Economic

October 7th, 2026

According to an analysis of Brazilian customs statistics, in the first nine months of 2026, the volume of Russian fish exports to Brazil tripled year-on-year (+200.2%, from 193.2 to 580 tons), while their value increased 15-fold (from $233,500 to $3.54 million).

This growth is largely explained by the low base of last year and is primarily due to the start of Russian cod shipments to Brazil, which were non-existent in the same period of 2025. Pollock and cod formed the bulk of exports: the combined volume of these products reached 552.3 tons, valued at $3.34 million, accounting for 95% of the physical volume and 94% of the value of Russian fish exports to the country.

Cod

Since the end of 2025, Russian suppliers have continued to develop the Brazilian market with supplies of clipfish (salted and dried cod layers). Today, this is the key product by value of Russian exports to Brazil. In the first nine months of 2026, 166.2 tons were shipped, valued at $2.63 million—74% of the value of all Russian fish exports to the country.

Clipfish shipments are accelerating. In September, twice as much was shipped as in any previous month (48.3 tons, valued at $851,000). Russia's share of Brazilian clipfish imports increased to 15.2%, up from 12.4% the previous month. Norway remains the primary supplier, but its share has declined year-on-year from 92.5% to 76.8%, while maintaining a higher price than Russian dried cod ($17.3 versus $15.8 per kg).

Over the first nine months, frozen cod shipments from Russia to Brazil totaled 15.1 tons, valued at $136,600. A total of 181.3 tons of cod products were shipped, valued at $2.77 million.

Pollock

Pollock remains the largest commodity in Russian fish exports to Brazil by volume (64%). Year-on-year, shipment volumes nearly doubled (+92%, from 193.2 to 371 tonnes), while export revenue increased 2.4-fold (+144%, from $233,500 to $569,000). The average price increased by 27% to $1.53 per kg. Russian exports accounted for 100% of Brazil's frozen pollock imports, while China accounted for 18% of the volume in the previous year.

Russia's share of the Brazilian fish market remains small, but it also demonstrated year-on-year growth from 0.09% to 0.25%.

Among the BRICS countries, China continues to drive Russian fish exports, while Brazil remains a promising destination with a growing market. At the same time, import duties remain a limiting factor: our exporters face competition from products from MERCOSUR countries, which have duty-free access to the Brazilian market.