Novosti Agency expected in a report that the sanctions imposed on the import of fish from Russia would also cause a shortage of pollock in Germany.
Washington banned the import of fish and seafood from Russia in March 2022. The sanctions included salmon, cod, crab (crab or caporia) and pollock, and the entry of processed seafood products was also banned – from any country, if the fish is of Russian origin.
Experts warn that the consequences of the US government’s decision will primarily affect the American consumer, not Russian fishermen, because Russia is a major supplier of crab to the United States – in the first three quarters of 2021, crab exports from Russia to the country increased by 28% to $766 million. In ten years, the cod catch in the United States has halved, so Americans have imported it from Russia. The same is true for Alaska pollock.
Europeans are also paying a heavy price for the sanctions. Russia is one of the world’s largest producers of cod and a major supplier to the EU. But at the end of 2023, the European Council excluded Russian fish from its tariff-rate quota (ATQ) system for 2024-2026. A 13.7% tariff was imposed on it. In Britain, this rate is 35%, starting in 2022. As a result, fish prices there have risen sharply.
At the same time, Russia did not encounter any problems in exporting fish products. During the year, the export of these products to China increased by. Russia began to focus on the priority areas of its fish exports. In addition to China, there are South Korea, Japan, the Netherlands, as well as Nigeria and other African countries.
Source: Novosti
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2024-09-09 12:11:00
Russian seafood ban
Table of Contents
US Sanctions on Russian Seafood: Consequences and Implications
The recent sanctions imposed by the US government on the import of fish and seafood from Russia have sparked concerns about the potential consequences on the global seafood market. In this article, we will delve into the details of the sanctions, their impact on American consumers, and the broader implications for the seafood industry.
Background of the Sanctions
In March 2022, Washington banned the import of fish and seafood from Russia, including salmon, cod, crab, and pollock, as well as processed seafood products from any country if the fish is of Russian origin [[1]]. This move was seen as a response to Russia’s actions in Ukraine and was part of a broader package of economic sanctions.
Expanded Sanctions in 2024
Recently, President Biden has expanded these sanctions, authorizing additional prohibitions on imports of Russian seafood and diamonds [[2]]. This move has further tightened the restrictions on Russian seafood imports into the US.
Consequences for American Consumers
Experts warn that the consequences of the US government’s decision will primarily affect American consumers, rather than Russian fishermen [[1]]. Russia is a major supplier of crab to the United States, with crab exports increasing by 28% to $766 million in the first three quarters of 2021 [[3]]. Moreover, the cod catch in the United States has halved over the past ten years, making Russia an important source of cod for American consumers. The same is true for Alaska pollock, which is a staple in many American households.
Impact on European Markets
The sanctions have also had a significant impact on European markets. Russia is one of the world’s largest producers of cod and a major supplier to the EU. However, at the end of 2023, the European Council excluded Russian fish from its tariff-quota regime, further limiting access to European markets for Russian seafood [[3]].
Global Implications
The sanctions on Russian seafood imports have far-reaching implications for the global seafood industry. With Russia no longer able to export its seafood products to the US and EU, other countries may need to step in to fill the gap. This could lead to increased competition and prices for seafood products, affecting consumers worldwide.
Shortage of Pollock in Germany
As expected by the Novosti Agency, the sanctions are likely to cause a shortage of pollock in Germany, among other countries [[1]]. This could have significant economic and social implications for Germany, which is a major consumer of seafood products.
Conclusion
the US sanctions on Russian seafood imports have significant consequences for American consumers, European markets, and the global seafood industry. While the sanctions are intended to punish Russia for its actions, they may ultimately harm innocent consumers and businesses. As the situation continues to unfold, it remains to be seen how the seafood industry will adapt to these new restrictions and find ways to meet the demand for seafood products.
References:
Russian seafood dishes
Russian Seafood Ban: Consequences and Implications
The recent sanctions imposed by the US government on the import of fish and seafood from Russia have sparked concerns about the potential consequences on the global seafood market. In this article, we will delve into the details of the sanctions, their impact on American consumers, and the broader implications for the seafood industry.
Background of the Sanctions
In March 2022, Washington banned the import of fish and seafood from Russia, including salmon, cod, crab, and pollock, as well as processed seafood products from any country if the fish is of Russian origin [[1]]. This move was seen as a response to Russia’s actions in Ukraine and was part of a broader package of economic sanctions.
Expanded Sanctions in 2024
Recently, President Biden has expanded these sanctions, authorizing additional prohibitions on imports of Russian seafood and diamonds [[2]]. This move has further tightened the restrictions on Russian seafood imports into the US.
Consequences for American Consumers
Experts warn that the consequences of the US government’s decision will primarily affect American consumers, rather than Russian fishermen [[1]]. Russia is a major supplier of crab to the United States, with crab exports increasing by 28% to $766 million in the first three quarters of 2021 [[3]]. Moreover, the cod catch in the United States has halved over the past ten years, making Russia an important source of cod for American consumers. The same is true for Alaska pollock, which is a staple in many American households.
Impact on European Markets
The sanctions have also had a significant impact on European markets. Russia is one of the world’s largest producers of cod and a major supplier to the EU. However, at the end of 2023, the European Council excluded Russian fish from its tariff-quota regime for 2024-2026. A 13.7% tariff was imposed on it. In Britain, this rate is 35%, starting