Indonesia receives accusations of shrimp dumping from the US; China is a potential market to develop

Frozen Common Shrimp & Prawn

China

Published Feb 7, 2024

Tridge summary

Indonesian shrimp exports to the US are facing challenges due to allegations of dumping. In response, Budhi Wibowo, the General Chair of the Association of Indonesian Fishery Product Processing and Marketing Entrepreneurs (AP51), is urging the government to shift focus to the Chinese market, which is the world's largest shrimp consumer. Wibowo is calling for government support to increase Indonesian shrimp exports to China, which currently make up only 1.4% of China's total shrimp imports.

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Original content

Reporter: Lailatul Anisah | Editor: Tendi Mahadi KONTAN.CO.ID - JAKARTA. Domestic shrimp exports to the United States (US) are still hampered due to allegations of dumping since last year. Responding to this, the General Chair of the Association of Indonesian Fishery Product Processing and Marketing Entrepreneurs (AP51), Budhi Wibowo, asked the government to maximize exploration of the Chinese market to replace the US market. According to him, China is a potential market to develop. Moreover, they are the largest shrimp consumers in the world with shrimp imports estimated at 1 million tons every year. Unfortunately, Indonesian shrimp exports to China are still relatively small, only 14 thousand tons per year, only around 1.4% of China's total shrimp imports from around the world. "Based on this data, China needs to be the main target market for Indonesian shrimp exports apart from the US and Japan," said Budhi to Kontan.co.id, Tuesday (6/2). For this reason, he asked for ...

Source: Kontan