Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us
   


Salmon exports. (Photo: SalmonChile)

Non-US seafood exporters to China benefit from trade war with US

Click on the flag for more information about China CHINA
Monday, September 10, 2018, 22:50 (GMT + 9)

Non-United States seafood exporters to China have been granted unexpected benefits from the tariff tensions that are bedevilling US-China bilateral trade.

Salmon exports from Chile doubled year-on-year in the first six months of this year and Thailand is bullish about the export potential of its seafood to China, which has reduced seafood imports from the US following the trade row, China.Org.cn reported.

Since July 6, China started to impose an additional 25 per cent tariff on a number of US seafood items, including salmon and lobster, in response to tariffs on Chinese goods imposed by the US.

Until recently, salmon was the US biggest item on its list of seafood exports to China, with its value reaching USD 318.5 million last year, according to a report by Zacks, an investment research firm.

Besides, Maine lobsters, Alaska crabs and California squid have seen their prices rise in the China market, and this has benefitted seafood exporters from other countries.

Now, China's tariff on US lobsters is 32 per cent. Chinese buyers can get the same variety of lobster from Canada, which attracts only 7 per cent tariff. China also imports lobsters from Australia, New Zealand, Japan, Mozambique, Mexico and Jamaica.

In the first half of this year, China's demand for Chilean salmon doubled compared with the same period last year.

From January to June, China's purchases of Chilean salmon reached nearly 24,000 metric tons from 12,000 metric tons in the same period last year, according to a report in Chilean newspaper El Mercurio.

For his part, Arturo Clement, president of industry group SalmonChile, said the sector expects sales to China "to keep growing, driven by an increase in demand."

"In addition to the marketing we do in the United States, the second country we should focus on is China," said Clement.

In total, salmon sales of Chile reached 452,000 tons from January to June, an increase of 25 per cent year-on-year.

Meanwhile, the Thai Ministry of Commerce said the country's seafood exporters, especially those dealing in fresh and frozen shrimp and crab, have benefitted from the shift in the China market's demand from the US to Thailand.

Last year, China imported seafood worth USD 2.5 billion in total from across the globe, including USD 150 million worth of Thai seafood. According to udnbkk.com, a Chinese newspaper published in Thailand, the Thai Ministry of Commerce said it is bullish about the potential of exports of shrimp, fish, and squid to China.

"It's natural for a country to import items from other sources when the traditional suppliers resort to harmful or unfriendly trade policies," said Li Guanghui, vice-president of the Chinese Academy of International Trade and Economic Cooperation.

Unfair import tariffs will further push US meat and farm produce exporters out of the China market. Seafood, wheat, fruit, wine, chicken and pork will now be imported by China from countries and regions such as Thailand, Vietnam, Argentina, Central Asia and Eastern Europe.

Related articles:

- Alaska seafood industry fears 'devastating' effect of trade war with China
- Alaska complains about Chinese seafood import steep tariffs


 
editorial@seafood.media
www.seafood.media

Photo Courtesy of FIS Member  SalmonChile - Asociación de la Industria del Salmón A.G
 Print


Click to know how to advertise in FIS
MORE NEWS
Japan
Mar 29, 18:30 (GMT + 9):
IN BRIEF - Frozen volume of salmon and trout, both lower than the previous year. Salmon coho Fall
China
Mar 29, 07:40 (GMT + 9):
Southeast Pacific Squid Index: Giant squid (dosidicus gigas)
Canada
Mar 29, 07:10 (GMT + 9):
Cooke Aquaculture Named One of Atlantic Canada’s Top Employers
Indonesia
Mar 29, 07:00 (GMT + 9):
IN BRIEF - EFishery acquihires Indonesian AI-powered IoT startup, to launch AI brand
France
Mar 29, 07:00 (GMT + 9):
Other Media | The Fishing Daily: French Minister Urges Dialogue Over UK Expansion of Marine Protected Areas
Thailand
Mar 29, 07:00 (GMT + 9):
Thai Union Collaborates to Achieve Zero Wastewater Discharge and Establish an Industry Learning Center
Russian Federation
Mar 29, 07:00 (GMT + 9):
Russia and China Combat Illegal Fishing: Electronic Certificates of Legality for Catches
United Kingdom
Mar 29, 07:00 (GMT + 9):
Brexit costs Scotland up to USD 126.09 million-a-year in lost salmon exports
French Guiana
Mar 29, 06:00 (GMT + 9):
IN BRIEF – 'The French vessel that is to come to patrol Guyana’s waters, saving the country $100M through illegal fishing, is yet to dock here'
Japan
Mar 29, 03:00 (GMT + 9):
Driftnet fishing for salmon and trout starts early. Agreement with Russia
Russian Federation
Mar 29, 01:00 (GMT + 9):
Will the Russian Far East be the country with the most snow crabs in 2025?
Viet Nam
Mar 29, 01:00 (GMT + 9):
Shrimp exports from Ecuador are facing many challenges
Japan
Mar 29, 00:50 (GMT + 9):
IN BRIEF - Faced with the Peruvian decline, fishmeal production in India and Oman is increasing rapidly
Australia
Mar 28, 21:10 (GMT + 9):
IN BRIEF - At WTO, Australia seeks details on India's fisheries plan
Croatia
Mar 28, 21:00 (GMT + 9):
IN BRIEF - Cromaris business results in 2023



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Clipfish challenges in Brazil: Port bureaucracy stops millions worth
Brazil More and more clipfish containers are being stopped in Brazilian ports. - Complicated regulations make market access challenging, to say the least, say Norwegian exporters who risk large losses. Bra...
Catches in the Sea of Okhotsk and Bering Sea
Russia Fed. Situational update as of 03/24/2024 Source: Stockfile FIS Sea of Okhotsk (pollock) According to OSM data in the Sea of Okhotsk, pollock catch (industrial and coastal fisheries) as of March 24, 20...
Productive Development of the Fishing Activity
Peru Fishing Sector Bulletin - January 2024 The landing of hydrobiological resources registered a negative interannual variation of 62.7%, as a result of the lower landing of fishing resources for indirec...
NGO Sues UK Government Over International Fishing Quotas
United Kingdom Blue Marine Foundation, a charity dedicated to restoring the ocean to health, has launched legal proceedings over the government’s decision to set fishing opportunities, for more than half UK st...
 

Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
Costa Meeresspezialitäten GmbH & Co. KG
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2024 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER