Government bans import of Japanese seafood, Chinese scallop processing company plans to relocate to Thailand and Vietnam

Frozen Scallop
Regulation & Compliances
Market & Price Trends
Published Nov 1, 2023

Tridge summary

China's ban on importing Japanese aquatic products, including Hokkaido scallops, has led to a significant drop in sales and inventory accumulation. As a result, seafood processing companies in China are planning to transfer their processing bases to Vietnam and Thailand. The United States has stepped in to help Japan by purchasing Japanese seafood in bulk to offset the impact of China's import ban.
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

Before Japan's Fukushima Daiichi Nuclear Power Plant discharged nuclear treated water into the sea, China was a major customer of Hokkaido scallops. Now that the Chinese government has banned the import of Japanese aquatic products due to food safety concerns, it has not only severely affected the sales of Hokkaido scallops, but also caused inventory accumulation. China's Seafood processing companies have also been greatly affected and have to respond flexibly. "Hokkaido Shimbun" quoted relevant Chinese company sources as saying: "China's Hebei Province companies that process Hokkaido scallops intend to transfer their processing bases to Vietnam and Thailand." According to statistics from the Ministry of Agriculture, Forestry and Fisheries of Japan, last year, Hokkaido exported 143,000 metric tons of scallops to China. Now that it cannot be exported to China, an estimated 96,000 metric tons of frozen scallops in shells are stranded in Japan. It is generally expected that the ...
Source: Zaobao
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