Russia: Food Import Ban Changing Russian Far East Food Market

The food import ban introduced last August against the United States, Canada, EU, Australia and Norway resulting from the application of economic sanctions over Ukraine has dramatically changed the food market in the Russian Far East. Domestic manufacturers and suppliers have taken over vast shelve space in retail stores all over the region which previously were occupied by imported products.
Unfortunately, this redistribution was accompanied by sharp jumps in prices for many food products which are causing great concern to the general public. The trend of rising food prices has primarily affected meat products since there is virtually no pork production in the Russian Far East which makes it heavily dependent on imported meat.

Russia: Food Import Ban Changing Russian Far East Food Market