Subarctic Russian rivers tend to have swampy watersheds with a high content of hydrogen ions and humic substances. These conditions are favourable for the formation of bioavailable mercury. Thus, even background mercury concentrations can pose a danger to aquatic organisms. The Northern Dvina River attracts particular attention regarding mercury pollution due to the presence of pulp and paper mills in the area. These mills have historically utilised mercury in their production processes. This study aims to analyse the mercury content in commercially important fish species living in the mouth of the Northern Dvina River. The content and distribution of mercury in tissue samples of various fish species were determined to provide insight into components of the mercury cycle in the study area. Lower mercury levels in pristine areas of the Russian subarctic showed the role of aquatic organisms as indicators of the biogeochemical cycle of mercury migration in northern freshwater areas. This study provides new scientific data on the levels of mercury found in fish from the Northern Dvina, particularly those in its estuary zone affected by the pulp and paper industry. The content and distribution of mercury were characterised using the most common fish species as an example. The difference was shown between mercury accumulation in different conditions and areas, with an analysis of relevant factors carried out.