Russian Fish Exports Surge in Mid-August

By mid-August, Russian enterprises had exported over 1.3 million tons of fish and fish products, a 5% increase from the same period last year, with a growth of 12% in monetary terms. This surge can be attributed to the sale of products with high added value, which has been made possible by the modernization of the industry and the implementation of the investment quota program. As a result, domestic companies have started to produce products in demand on the domestic market and abroad, shifting the supply of fillets, minced meat, and steaks to unprocessed fish. The country has also seen an increase in the sales of fish oil, which has risen by 21%.

Key Takeaways:

• Russian fish enterprises exported over 1.3 million tons of fish and fish products by mid-August, a 5% increase from the same period last year.
• The growth in export revenue was 12% in monetary terms.
• The modernization of the industry and the implementation of the investment quota program have contributed to the increased sale of products with high added value.
• Domestic companies have started producing products in demand on the domestic market and abroad, shifting the supply of fillets, minced meat, and steaks to unprocessed fish.
• The sales of fish oil have increased by 21%.
• Russian exports are several times higher than the volume of foreign products imported into the country.
• Fresh catches in priority are sent to the domestic market.
• All main types of fish and other aquatic biological resources are mined by domestic fishermen.
• Domestic companies have exported 104 thousand tons of fish fillet, a 16% increase from 2024.
• The sale of waste from fish and marine animals has increased, including fish oil.

Statistics:

• 1.3 million tons of fish and fish products exported by mid-August
• A 5% increase from the same period last year
• 12% growth in monetary terms
• 104 thousand tons of fish fillet exported, a 16% increase from 2024
• 21% increase in sales of fish oil
• Several times higher exports than the volume of foreign products imported into the country

Sources:

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