Russian Fish Exports to Brazil Hit a New Record in October

Brazil bought twice as much fish from Russia in October as it did a month earlier, according to Brazilian statistics, setting a fresh trade high.

Brazil doubled its imports of Russian fish in October and set a new record, according to data from the country’s statistics service.

Brazil doubles its fish purchases

Russian fish exports to Brazil reached almost $1.8 million in October. Brazilian companies bought that much fish from Russia in a single month. The figure beat the record set in September.

Sharp growth month on month and year on year

The value of shipments grew 2.1 times compared with September. Against October last year, it jumped 15 times, up from $120.8 thousand.

Dried cod leads the shopping list

Brazilian buyers mostly picked dried cod from Russia. October deliveries of dried cod reached $1.3 million. Dried cod now drives Russian fish exports to Brazil. Buyers also imported frozen cod worth $227.7 thousand. Frozen fillets of cod, saithe and other fish added $219.6 thousand.

Ten month total shows strong momentum

Brazil’s overall import volume from Russia hit $5.3 million over the first 10 months of the year. In the same period last year, it stood at just $354.3 thousand. The ten month run shows Russian fish exports to Brazil gaining real pace.