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S.
President Biden, the U.
S.
will suspend the import of Russian-origin seafood from March 25 and cancel the Russian most-favored-nation tax rate .
According to the U.
S.
Oceanic and Atmospheric Administration (NOAA), in 2021 the United States imported 48,867 tons of seafood from Russia, valued at $1.
2 billion; the products with the highest import value included frozen snow crab (18,799 tons, $509 million) and frozen king crab ( 8,486 tons, $419 million), Russia is also the eighth largest seafood supplier to the United States
.
S.
Oceanic and Atmospheric Administration (NOAA), in 2021 the United States imported 48,867 tons of seafood from Russia, valued at $1.
2 billion; the products with the highest import value included frozen snow crab (18,799 tons, $509 million) and frozen king crab ( 8,486 tons, $419 million), Russia is also the eighth largest seafood supplier to the United States
.
In the eyes of some king crab and snow crab importers, Biden's order simply smashed their jobs
.
Even before March 25, many customers had started boycotting their products, not even letting them into warehouses
.
.
Even before March 25, many customers had started boycotting their products, not even letting them into warehouses
.
“There are batches of customers who are unsubscribing, saying they will not buy Russian products
,” Roman Tkachenko, CEO of US importer Direct Source, told UCN
.
The U.
S.
has always had inventory, and at this point, it's just a matter of who gets hurt
.
"
,” Roman Tkachenko, CEO of US importer Direct Source, told UCN
.
The U.
S.
has always had inventory, and at this point, it's just a matter of who gets hurt
.
"
According to UCN statistics, four U.
S.
crab importers, Direct Source, Arctic Seafoods, Orca Bay Seafoods and Deiss Sales Company, have established direct or indirect business relationships with Russia, mainly trading crab products, and have cold storage in the United States
.
S.
crab importers, Direct Source, Arctic Seafoods, Orca Bay Seafoods and Deiss Sales Company, have established direct or indirect business relationships with Russia, mainly trading crab products, and have cold storage in the United States
.
Direct Source was founded in 2010 and has 27 employees
.
Tkachenko said with emotion: "I was born in Ukraine and was 100% opposed to war, but in the end it was me who was injured
.
"
.
Tkachenko said with emotion: "I was born in Ukraine and was 100% opposed to war, but in the end it was me who was injured
.
"
In 2022, Russia’s crab catch limit (TAC) totals 107,512 tonnes, a 6% increase from last year
.
Among them, the quota of snow crab was 51,665 tons, an increase of 11%; the quota of red king crab was 27,547 tons, an increase of 2%
.
.
Among them, the quota of snow crab was 51,665 tons, an increase of 11%; the quota of red king crab was 27,547 tons, an increase of 2%
.
In 2021, Direct Source spent US$232 million to purchase snow crabs and king crabs from Russia (or re-exports from Japan and South Korea), making it the seafood company with the highest trade volume with Russia
.
Among them, the purchase volume of snow crab reached 3,836 tons, and the import value was 104 million US dollars; the import volume of king crab was 2,833d tons, and the import value was 128 million US dollars
.
.
Among them, the purchase volume of snow crab reached 3,836 tons, and the import value was 104 million US dollars; the import volume of king crab was 2,833d tons, and the import value was 128 million US dollars
.
Tkachenko believes that if there is no supply from Russia, the demand gap in the United States cannot be filled at all.
Although it can be bought from Canada and Norway, the conditions will be very difficult, mainly because the US market is too large, and the latter's raw material supply does not have quantitative and cost advantages
.
Although it can be bought from Canada and Norway, the conditions will be very difficult, mainly because the US market is too large, and the latter's raw material supply does not have quantitative and cost advantages
.
