How are Vietnam's seafood exports faring after China's embargo on Japan,?

On August 24, the Chinese Government banned the import of all seafood from Japan in the context that the country began discharging treated nuclear wastewater from the Fukushima plant into the Pacific Ocean. It is unclear how long this import ban will last. Previously, the Chinese Government also banned food imports from 10 out of 47 Japanese provinces from July 2023. Speaking to VnExpress, the director of a fish export business in Nha Trang said the above ban will create favorable conditions for Vietnamese seafood, but the level is only concentrated in a few small groups such as tuna and other seafood. . As for products such as pangasius and shrimp, there will not be many changes. His business is supplying shrimp, squid, octopus and tuna to the Chinese market. "However, the Chinese side only increased its tuna purchases by about 15% over the same period, while shrimp and octopus still decreased by 20%," he said. In the fourth quarter, the company's seafood exports to China are ...