Banned from being sold to China, Japanese scallops are planned to be transferred to Vietnam and Mexico for processing

Frozen Scallop
Published Feb 14, 2024

Tridge summary

In response to China's ban on importing Japanese aquatic products, including scallops, due to Japan's plan to discharge treated water from the Fukushima nuclear power plant into the sea, Japanese companies are considering setting up processing plants in Vietnam and Mexico. The Japan External Trade Organization is planning to arrange inspections of local aquatic product processing plants in Mexico for Japanese scallop wholesalers. Meanwhile, the first batch of scallops for processing tests has already arrived in Vietnam. Despite the increased costs, scallop prices are expected to remain stable. The Hokkaido fishery industry is also exploring new processing and distribution channels, and Chinese seafood processors affected by the ban are shifting their operations to Vietnam, potentially leading to future collaborations between Japanese and Chinese operators.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

China has stopped importing Japanese aquatic products, which has severely damaged the export and industrial chain of Japanese scallops. Japanese companies are now considering shifting their positions and setting up processing plants in Vietnam and Mexico to rebuild distribution channels. After Japan launched a plan to discharge treated water from the Fukushima nuclear power plant into the sea last year, China immediately banned the import of all Japanese aquatic products. China is an important export market for Japanese aquatic products and the main processing place for Japanese scallops. China's ban affects at least 60% of the Japan’s seafood exports, among which scallops account for the largest proportion, are severely overstocked. In order to find another outlet for scallops, the Japan External Trade Organization plans to arrange for Japanese scallop wholesalers and foreign trade companies to go to Mexico to inspect local aquatic product processing plants in mid-March. The ...
Source: Zaobao
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