Tridge summary
China has suspended the import of aquatic products from Japan since August 24, and Thailand sees this as an opportunity to increase its seafood exports and gain a larger share in the Chinese market. Thailand has already seen a significant increase in its export of aquatic products to China, with a 45.5% increase in the first seven months of 2023. While Thailand has not banned imports from Japan, it has strengthened monitoring of aquatic products entering the country to ensure consumer safety.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
According to a report from Thailand's Star Siam Daily on September 6, China Customs has suspended the import of aquatic products from Japan since August 24 this year. Thailand will have the opportunity to export more seafood products and gain more share in the Chinese market to make up for the ban. The market share missing after Japan’s imports. Thailand’s good product quality will increase its share of the Chinese market. Some aquatic products will benefit and increase the amount exported to China, such as fresh, frozen, frozen and processed squid and shellfish. , fish and shrimp. In the first seven months of 2023, Thailand exported US$221.9 million (+45.5%) of aquatic products to China, and exported US$31.4 million (+48.7%) of processed aquatic products. According to import data from the Ministry of Commerce, Thailand imported a large proportion of aquatic products from Japan. In the first seven months, Thailand imported USD 94.7 million of fresh, refrigerated, frozen, ...
Source: Foodmate
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