Welcome to FIS   Sponsored By
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | 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


 
[email protected]
www.fis.com

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
Spain
Jan 19, 00:10 (GMT + 9):
Minister says Spain is ready to minimize 'Brexit' impact in fisheries sector
Australia
Jan 18, 23:50 (GMT + 9):
Austral Fisheries will use revolutionary blockchain platform to track its toothfish
Argentina
Jan 18, 23:10 (GMT + 9):
Global change could affect hake fisheries in Tierra del Fuego
United States
Jan 18, 23:00 (GMT + 9):
Four companies participate in 'fish-free' fish oil challenge
Mexico
Jan 18, 22:00 (GMT + 9):
Tuna fishing season begins in the Pacific Ocean
Peru
Jan 18, 21:30 (GMT + 9):
Jack mackerel and mackerel catch limits set for 2019
Ecuador
Jan 18, 20:30 (GMT + 9):
In search of greater power within the tuna market
United States
Jan 18, 02:50 (GMT + 9):
Lobster processor to close its plant in Connecticut
Mexico
Jan 18, 02:30 (GMT + 9):
Creation of state fisheries and aquaculture councils promoted
Australia
Jan 18, 02:30 (GMT + 9):
Threats to access small resources concern the sector
Peru
Jan 18, 01:30 (GMT + 9):
Camposol's subsidiary to strengthen shrimp production
New Zealand
Jan 18, 01:20 (GMT + 9):
IN BRIEF - What does marine heatwave mean for future of New Zealand's fish?
Australia
Jan 18, 01:10 (GMT + 9):
IN BRIEF - Lobster wars continue as government claims extra catches kept by fishers themselves
United States
Jan 18, 01:00 (GMT + 9):
IN BRIEF - After 20 years and $1 billion spent on Washington state salmon programs, fish still declining, new report says
United Kingdom
Jan 18, 00:50 (GMT + 9):
IN BRIEF - Seaside town divided over Britain’s Brexit turmoil



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Galician fleet prepares to start squid fishing in Falklands
Spain The Galician fleet that works in Falkland waters is already preparing to leave for the South Atlantic fishing ground, before the next opening of Loligo squid fishery.
Shrimp fishing and sale prohibited for two months
Mozambique Mozambique fishing authorities announced that the fishing and sale of shrimp caught in the waters of the country will be prohibited for two months, in order to allow the recovery of stocks and preserve the resource.
Proposal to regulate tuna and bonito fishing
Panama A draft bill that has been submitted for the consideration of the National Assembly seeks to protect tuna and bonito resources by regulating the use of purse seines.
Staff shortage drives local company to process crabs in Vietnam
United Kingdom Blue Sea Food Company, based in Paington, England, will send crabs caught in UK to Asia, since it does not enough staff in the country.
 
Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
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.
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
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
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation
Marona S.A.
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
Mitsubishi Corporation Marine Products Depts. D.Team
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
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
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
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2019 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER