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    Home > Food News > Food Articles > Despite sanctions, Russian seafood is still entering Japan

    Despite sanctions, Russian seafood is still entering Japan

    • Last Update: 2022-10-19
    • Source: Internet
    • Author: User
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    Although Russia revoked its most-favored-nation status in March 2022 due to Russia's invasion of Ukraine, Russian seafood continues to be exported to Japan
    .
     
    The total value of Japanese imports of Russian seafood in 2020 was 103.
    9 billion yen (US$900 million, €900 million), accounting for about 7%
    of Japan's seafood imports.
     
    According to the Ministry of Finance, king crab imports from Russia to Japan from January 2022 to August 2022 totaled 1,287,769 kg, worth 10.
    5 billion yen ($72.
    8 million, €74.
    4 million), compared to 982,929 kg worth 4.
    7 billion yen ($32.
    6 million, 33.
    3 million euros) for the same period in 2021, an increase of 31%.

     
    Snow crab imports in the same period of 2022 exceeded 7 million kilograms, worth more than 22 billion yen ($152 million, €155.
    2 million), while imports in 2021 were just over 4 million kilograms worth 13.
    5 billion yen ($93.
    6 million, €93.
    8 million), an increase of 77%.

     
    Between January 2022 and August 2022, Japan imported 11.
    2 million kilograms of surimi from Russia worth 5.
    1 billion yen ($35 million, €35.
    1 million).

    Last year, there were only 1.
    3 million kilograms, worth 430 million yen ($2.
    9 million, 3 million euros).

    The significant increase may reflect increased
    processing capacity in Russia.
     
    Despite retaining most of its access to its main markets, Russia still faces difficulties, so it has introduced an updated fisheries policy focused on improving its processing capacity and promoting domestic consumption
    .
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