Fish Industry Looking Towards Africa

Stockpiles of Baltic sprat and herring are being held hostage by the political situation in the Ukraine. (Postimees/Scanpix)
8/22/2014 10:18 AM
Category: Economy

Russia sanctions and the turmoil in Ukraine have forced Estonian fisheries to look elsewhere for export markets, with Africa showing interest.

Head of the Estonian Fishing Association, Mart Undrest, said there is Baltic herring still to be sold and it will not keep beyond the end of September.

Undrest said the Russian and Ukrainian Baltic herring and sprat markets have dropped off and they have been actively seeking new markets, already netting some results.

The first shipment of a few hundred tons was sent to Africa in June and more was ordered, Undrest said, adding that it takes a little more than a month to transport the fish to Africa, and a second path should arrive there in a few weeks.


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