Trade war, COVID and now Ukraine invasion eat into Alaska seafood sales

 


First a trade war, then a battle against an infectious virus and now a real war are all affecting Alaska seafood exports.

Shipments to China fell from as high as 30% of Alaska’s total seafood export value in the 2010s to 20% in 2020. “The U.S.-China trade war has displaced $500 million of Alaska seafood,” Jeremy Woodrow, executive director of the Alaska Seafood Marketing Institute, told legislators last week.

And though people bought more seafood to prepare at home during the COVID-19 pandemic, sales to restaurants and food services fell by 70%, Woodrow said. The food service market ...



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