Indonesia: Thwarted in the US, KKP opens opportunities for shrimp exports to Japan, Australia, and South Korea

Published 2024년 10월 29일

Tridge summary

The Ministry of Maritime Affairs and Fisheries (KKP) of Indonesia is actively seeking new markets for the country's shrimp products, particularly frozen and processed shrimp, in response to an antidumping issue in the United States. The countries under consideration for market expansion include Japan, Australia, and South Korea. Despite the issue, the US Department of Commerce (USDOC) has not found any subsidies given to Indonesian shrimp farmers and exporters. To bolster its export competitiveness, Indonesia is also focusing on improving shrimp production quality through a region-based cultivation modeling program.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Following the antidumping issue that occurred in the United States (US), the Ministry of Maritime Affairs and Fisheries (KKP) is seeking new market opportunities for shrimp commodities from Indonesia accompanied by the implementation of a modeling program to support increasing the quantity and quality of exported shrimp. ADVERTISEMENT KKP is eyeing Japan, Australia, and South Korea (South Korea) to expand new markets for frozen and processed shrimp products, while in the US itself there are still opportunities for shrimp commodities other than frozen ones. Also Read: KKP Emphasizes the Importance of Socio-Economic Aspects in Sustainable Tuna Management in the Indian Ocean "In the US market itself there are still opportunities for shrimp commodities other than frozen shrimp. Then there are other markets such as Japan which have great potential for frozen and processed products. Then there are Australia and South Korea," explained the Director of Marketing PDSPKP KKP, Erwin Dwiyana ...
Source: Wartaekonomi

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