New data from the Russian Central Bank shows stark figures about the country's ability to offset banned food products from the EU, US, Canada, Norway and Australia since August 2014.
While the country's officials have said that in time, the country's domestic production of several foods could make up for the shortfall, signs are that that will not be the case -- especially in seafood, where export markets for Russian fish remain strong.
"We cannot talk about import substitution when the domestic fishing industry is getting more export-oriented and is increasingly supplying the raw material for foreign processing sectors," Information Agency for Fisheries' Alexander Savelyev told IntraFish.
According