Markets

Sharp growth in Russian crab exports sends prices crashing

Domestic prices also dropped year-on-year.

Russia’s crab industry has re-oriented its exports eastward since the introduction of US and European sanctions in response to the country’s invasion of Ukraine in early 2022, with China having become the largest buyer.
Russia’s crab industry has re-oriented its exports eastward since the introduction of US and European sanctions in response to the country’s invasion of Ukraine in early 2022, with China having become the largest buyer.Photo: Antey
RussiaUkraine crisisCrabOpilio crabKing crab
Published 25 April 2024, 07:54Updated 25 April 2024, 13:04