Russia: Restricted List of Fish Suppliers Impacts Russian Market

  |   Attaché Report (GAIN)

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The GOR implementation of a food embargo, enacted in August 2014, forced Russia to source fish and seafood from a restricted number of eligible suppliers, including Faroe Island, Iceland and China. Then on August 14, 2015 the GOR further amended the embargo to restrict imports from more countries, including Iceland. According to trade sources, this embargo will likely result in the shrinking of the supply of traditional popular fish species in the local market, including mackerel, herring and capelin, as well as lead to increasing prices for fish and seafood. Small and medium scale fish processors will also be adversely impacted.

Russia: Restricted List of Fish Suppliers Impacts Russian Market

Europe and Eurasia, Russia
Fish and Seafood

Database Source:

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