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industry has caused massive damage
.
World energy and food markets are in turmoil, with Russia, a major producer of natural gas and wheat, expected to worsen supply chain bottlenecks caused by the COVID-19 pandemic as the European Union, the United States and other countries have imposed sanctions on Russia due to the conflict between Russia and Ukraine
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Glenn Koepke, head of supply chain consultancy FourKites, said ocean freight could go up to $30,000 per container, while air freight could cost more, and we're going to see both ocean and air freight skyrocketing
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The expulsion of Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) system will further complicate Russia's economic outlook and make it more difficult for international companies to do business there
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Nikolai zhuuravlev, deputy speaker of the Russian upper house, said that if Russia leaves the SWIFT system, then we will not receive foreign exchange, but buyers, first of all European countries, will not receive our commodities such as oil, gas, metals and other important product
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Despite Russia's recent efforts to promote domestically caught fish, the seafood industry remains heavily dependent on exports
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If access to the international market is restricted, the future of Russian seafood will be full of uncertainty.
Before the Russian-Ukrainian conflict, Russia’s seafood exports fell by 11.
55% year-on-year to 1.
645 million tons in 2021
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If access to the international market is restricted, the future of Russian seafood will be full of uncertainty.
Before the Russian-Ukrainian conflict, Russia’s seafood exports fell by 11.
55% year-on-year to 1.
645 million tons in 2021
.
Despite a contraction in Russian seafood exports in 2021, exports rose 26% to $5.
85 billion as Russia shifted to exporting deep-processed seafood.
However, sanctions are now being imposed on Russia in many of the faster-growing markets
.
85 billion as Russia shifted to exporting deep-processed seafood.
However, sanctions are now being imposed on Russia in many of the faster-growing markets
.
In 2021, Russian seafood will be exported to 67 countries around the world, up from 60 a year ago.
China has restricted imports due to concerns about the infection of the new crown virus.
South Korea has become Russia's largest seafood export market
.
China has restricted imports due to concerns about the infection of the new crown virus.
South Korea has become Russia's largest seafood export market
.
In 2021, Russian seafood exports to South Korea will account for 37% of total exports, export earnings will account for 50% of total exports, while exports to China will account for 21% and 18%, respectively
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South Korea is seen as a transit hub for Russia's seafood exports to China, but this channel may soon disappear.
Since the outbreak of conflict between Russia and Ukraine, South Korea announced on February 28 that it will restrict trade with Russia
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South Korea is seen as a transit hub for Russia's seafood exports to China, but this channel may soon disappear.
Since the outbreak of conflict between Russia and Ukraine, South Korea announced on February 28 that it will restrict trade with Russia
.
In 2021, the Netherlands will be the third largest exporter of seafood from Russia, followed by Japan, Belarus, Ukraine and Nigeria
.
Europe is the region with the largest growth in Russian seafood exports, with exports to France up 112% in 2021; doubling to Norway; 152% to Italy; and 113% to Poland, but most of them will Strict trade restrictions have been imposed on Russia due to the Russian-Ukrainian conflict
.
.
Europe is the region with the largest growth in Russian seafood exports, with exports to France up 112% in 2021; doubling to Norway; 152% to Italy; and 113% to Poland, but most of them will Strict trade restrictions have been imposed on Russia due to the Russian-Ukrainian conflict
.
The Russian Pollock Association (PCA) published a special message on its website saying that Russian seafood companies will continue to promote more high-value-added deep-processed seafood products, especially pollock products
.
In January this year, Russian cod fillet production increased by 44% year-on-year
.
However, the output of frozen cod has declined.
Due to the continuous improvement of the technical capabilities of fishing boat processing and processing plants in Russia, compared with 2021, the output of fish fillings has increased by 2.
4 times, and the output of fish meal has increased by 55%.
Currently, 32 Russian fishing boats have fish fillet production lines
.
.
In January this year, Russian cod fillet production increased by 44% year-on-year
.
However, the output of frozen cod has declined.
Due to the continuous improvement of the technical capabilities of fishing boat processing and processing plants in Russia, compared with 2021, the output of fish fillings has increased by 2.
4 times, and the output of fish meal has increased by 55%.
Currently, 32 Russian fishing boats have fish fillet production lines
.
The export revenue of Russian cod mainly comes from frozen slices and fish filling.
Last year, the export volume was 145,000 tons, an increase of 45% year-on-year, and the export value was 613 million US dollars.
Among them, the export volume of green cod slices was 76,000 tons, an increase of 50% year-on-year, and the export value was 2.
47 million tons.
The export volume of cod slices was 34,200 tons, an increase of 33% year-on-year, and the export value was 239.
5 million US dollars, a year-on-year increase of 36%
.
Last year, the export volume was 145,000 tons, an increase of 45% year-on-year, and the export value was 613 million US dollars.
Among them, the export volume of green cod slices was 76,000 tons, an increase of 50% year-on-year, and the export value was 2.
47 million tons.
The export volume of cod slices was 34,200 tons, an increase of 33% year-on-year, and the export value was 239.
5 million US dollars, a year-on-year increase of 36%
.
Crab is the main source of revenue from Russia's seafood export trade, with exports worth $2.
5 billion last year, an increase of $1 billion year-on-year.
The United States, the European Union and South Korea are major export markets, but these countries are considering further sanctions against Russia
.
5 billion last year, an increase of $1 billion year-on-year.
The United States, the European Union and South Korea are major export markets, but these countries are considering further sanctions against Russia
.
