Fishermen in Alaska are losing up to $60 million annually after access to one of their key markets was cut in 2014, when Russia imposed a food embargo in retaliation to US sanctions.
Russia bought an average $40 million worth of seafood products from Alaska’s producers between 2010-2013, according to data from the Alaska Seafood Marketing Institute (ASMI), cited by the Anchorage Daily News. In 2013, the year prior to Western restrictions, the purchases surged to a record $61.3 million, with salmon roe accounting for more than 76 percent of the export value.
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