Alaska takes a hit as Russia bans imports as Ukraine sanctions retaliation
Seafood is by far Alaska’s top export and as it heads overseas, global politics play a big role in making sales sink or swim. That dynamic took center stage last week when Russia banned imports of foods for one year from the US, Canada, Europe, Norway and Australia in retaliation for sanctions imposed due to its aggressive actions in Ukraine.
It is a direct hit to Alaska, which last year exported nearly 20 million pounds of seafood to Russia, valued at more than $60 million. The primary product it hurts is pink and chum salmon roe; Russia is also a growing market for Alaska pollock surimi.
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