Russian snow crab imports flood Japanese market

Sanctions-induced trade pivot sees more eastward shipments send price in Japan of the winter delicacy plummeting, Nikkei reports The cost of crab meat in Japan has fallen dramatically due to a sharp increase of imports from Russia, Nikkei reported on Saturday, citing the US embargo on purchases of Russian seafood as the prime mover for the influx. The share of Russian crab meat of total Japanese imports reportedly amounted to 68.8% in the first three quarters of the current year compared to 64.8% and 5% recorded over the same period in 2022 and 2021 respectively. In that time frame, Japan imported crab meat worth

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Last updated : 03 Dec 2023 clock 04:32 PM

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