SearchShare China became a net importer of seafood in 2022, and that trend is likely to continue as the country has prioritized exporting higher-value industrial products like automobiles over lower-value export commodities like processed fish, according to Gorjan Nikolik, the chief seafood analyst at Dutch financial services company Rabobank.China, which surpassed Japan this summer in […]
SearchShare China, the world’s biggest exporter of seafood, could soon face tighter access to the European Union, the world’s biggest import market for seafood.The European Parliament’s adoption of new fisheries control rules will result in more scrutiny of the origins of Chinese seafood, according to a parliamentary report investigating the implications of accepting Chinese products […]
SearchShare Chinese customs authorities have confirmed that the country’s seafood imports are up 13 percent over the first three quarters of 2023, but that imports from important supplier markets are down over the same period, sending mixed signals to exporters on the status of the market overall.One of those key suppliers is the U.S. state […]
SearchShare Ukraine is set to introduce a requirement that food export companies register with the government in order to crack down on fraud and tax avoidance.All Ukrainian food exporters must register with the State Agrarian Register, and additionally, companies wishing to export must be registered as value-added taxpayers and have no tax debts or delays […]
The value of Norwegian salmon exports has now passed the NOK 100 billion (£7.4 bn) mark in 2023, which was the figure for all the country’s overseas seafood sales only four years ago.Commenting on the October results, Christian Chramer, CEO of the country’s Seafood Council said that once again high salmon prices and a weaker […]
SearchShare The U.S. is planning to buy large quantities of Japanese seafood to supply its military in response to the ban China imposed on all seafood from the country. A Reuters report revealed the U.S. would be buying Japanese seafood, and that U.S. Ambassador to Japan Rahm Emanuel said the U.S. government is looking into […]
SearchShare In late August, China submitted a notification of emergency measures to the World Trade Organization (WTO), stating that it planned to suspend imports of all Japanese-origin aquatic products as a result of the controversial release of treated wastewater from the Fukushima Daiichi nuclear power plant.Soon after the notification, Japan’s delegation to the WTO submitted […]
As Japan pushes to sell Southeast Asia more seafood, will consumers bite? South China Morning Postsource
The ban came after Japan started discharging treated radioactive wastewater into the ocean from the Fukushima nuclear power plant.The ban came after Japan started discharging treated radioactive wastewater into the ocean from the Fukushima nuclear power plant.Editor’s note: This story is published in conjunction with the Pulitzer Center. The authors are part of a Pulitzer-funded […]
SearchShare Japan’s furusato nozei – the country’s hometown tax program – is coming to the aid of scallop producers hit hard by China’s ban on Japanese seafood.Under the program, a taxpayer who designates a portion of their taxes toward an area in which they don’t live can receive a gift valued at around 30 percent […]
