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Seafood Export from Russia Down in Q1 2020

  • This article uses the data of the SeaNews Russian Foreign Trade Customs Statistics online service available for subscribers.

    According to SeaNews Russian Foreign Trade Customs Statistics online service, in Q1 2020 Russia exported 16.6 thousand tons (-19.4%) of seafood worth $193.1 bn (-16.6%).

    Crabs account for the majority of exports. In January-March 2020, crab export decreased by 37.4% down to 6.7 thousand tons. In terms of value, export decreased by 24.3% down to $147.9 mn. The major countries of destination were Republic of Korea and China.

    Shrimps export increased by 10.7% up to 3.1 thousand tons in tonnage and by 29.5% up to $22.4 mn in terms of value. Republic of Korea, Japan and China accounted for a major share of shipments.

    Squids exports from Russia amounted to 3 thousand tons (up 2-fold) worth $9.4 mn (up 3.1-fold). Most of the products were exported to China.

    Sea urchins exports made 2.5 thousand tons, up 4.2% year-on-year. In terms of value, exports increased by 5.6% up to $7.6 mn. Almost all the volume was shipped to Japan.

    In January-March 2020, Russia exported seafood products to 22 countries. The major importers Republic of Korea, China and Japan.

    Exports to Republic of Korea decreased by 21.2% down to 6.7 thousand tons in terms of tonnage and by 7.8% down to $109.8 mn in monetary terms. Crabs accounted for most of the supplies.

    4.9 thousand tons (-32.9%) of seafood products worth $52.2 mn (-18.3%) was exported to China. Crabs and squids accounted for the major share of the entire volume.

    Seafood exports to Japan increased up to 3.6 thousand tons (+38.5%) worth $17.1 mn (+87.9%). Crabs, sea urchins and shrimp prevailed in the exports.


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