German Zverev, President of the All-Russian Association of Fisheries Enterprises, Entrepreneurs and Exporters, said that the profitability of fish exports is growing faster than its volume.
According to the Federal Customs Service, in 2019, exports grew by 6.27%, to $ 4.467 billion. In physical terms, on the contrary, it decreased by 3.7%, to 1,665,598 tons, Interfax reports.
The decline in exports, as explained in the Association, is associated with an increase in the share of deliveries to the domestic market of Russia, especially with regard to the species popular among Russian buyers – herring, chum salmon, pink salmon and mackerel. Iwashi sardines, squid and shrimp are increasingly exported. Spain buys herring, pollock and cod, Singapore buys herring, UK – pollock, cod and haddock.