Russia Exports $200M Fish to EU Annually
Russia exports fish and fish products to the EU worth over $200 million annually, with the EU being the fourth-largest export market. Russian officials state the market is important but not critical, and exports could be redirected if sanctions are imposed.
Consensus
- Russia annually exports fish and fish products to the European Union worth more than $200 million.
- The European Union is the fourth-largest market for Russian fish exports by volume.
- The head of Rosrybolovstvo, Ilya Shestakov, stated that the European market is important but not critical for Russia.
- Russia could redirect fish exports to other countries if the EU imposes sanctions.
- Russian fish products are supplied to more than 90 countries.
- The European Commission proposed banning Russian cod imports as part of the 21st sanctions package, but the measure was not adopted due to lack of consensus.
- If sanctions were imposed, European consumers and processing industries relying on Russian raw materials would be most affected.
Points of divergence
- Germany, Poland, and Portugal opposed the ban on Russian cod imports. — kommersant
- China remains the main buyer of fish products from Kamchatka, though the region is expanding its trade partners. — vesti
- European producers using Russian raw materials would lose access to raw materials if sanctions are imposed. — vedomosti
- The EU's proposal to include Russian fish in sanctions was abandoned due to lack of consensus. — interfax
Coverage (4 sources)
- Russian fisheries: Russia annually supplies fish to the EU worth more than $200 million — Коммерсантъ
- In Rosrybolovstvo, it was stated that Russia supplies fish to Europe for $200 million — Вести
- Russian fisheries: Russia is not afraid of EU sanctions on fish supplies — Ведомости
- Russia annually supplies fish to the EU worth more than $200 million — Интерфакс