Russia: trade sanctions against USA, EU and other countries in the agri-food sector

07.08.2014

Russia plans to restrict imports of U.S. poultry, according to the National Chicken Council. The move is retaliation for sanctions that American and Europe have imposed on Russia over its actions in Ukraine.
Russia is the second largest export market for U.S. chicken. Last year, America exported roughly 267,000 metric tons of chicken, worth about $309 million, to Russia, according to the NCC.
Russia currently accounts for about 7% of total U.S. poultry export volume.
Poultry producers say Russia's decision to ban imported U.S. meat won't lead to a glut of the product because other countries are clamoring for inexpensive meat.