October 27, 2022 — Despite facing a slew of international sanctions, Russian seafood exports increased year-over-year first seven months of 2022 in both value and volume.
However, a slowing of its seafood trade in recent months could be a warning sign trouble lies ahead.
During the first half of 2022, Russia sold 1.1 million metric tons (MT) of seafood in overseas markets, up 18 percent compared to the corresponding period of 2021. In sum, Russia’s exports were worth USD 2.9 billion (EUR 3.16 billion), an increase of 21 percent, the Russian Federal Agency for Fisheries said.