Abstract

Purpose: based on long-term data on the dynamics of fish catches and foreign trade in fish products, as well as international comparisons of world fishing powers, analyze the prospects for the development of the domestic fishing industry in the new economic conditions of sanctions confrontation with the countries of the collective West.Method: used such methods of general scientific knowledge as analysis and synthesis, as well as comparisons, tabular and graphical methods.Novelty: a detailed assessment of the factors affecting the growth of domestic fishing and fish farming, including the development of the domestic fishing fleet, was made. The prospects for expanding the sale of fish products on world markets, including on the basis of data on current and prospective consumption in different regions of the world, were considered.Results: the study analyzed a number of sources, including FAOSTAT and Rosstat commodity resource balances, in terms of production, consumption and cross-border trade in fish products. It has been established that after 2014 own consumption and imports are declining, while exports, on the contrary, are gradually increasing. Thus, the main driver of production growth in the industry is expansion to foreign markets. In the context of strengthening anti-Russian sanctions policy, it is necessary to diversify the sales markets for Russian fish products, however, an outdated production base is a significant limitation for the development of the industry.

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