Asia

India and Korea to Discuss Trade Agreement Upgrades

The Indian government is gearing up for the next round of negotiations with South Korea to upgrade their existing free trade agreement (FTA), which was operationalized in...

Indonesian Shrimp Firm Sets Sights on New Markets

Indonesian frozen food processor, PT Panca Mitra Multiperdana Tbk (PMMP), is gearing up to maximize sales through strategic expansion into new export markets. According to Christian Jonathan,...

Kerala Shrimp Industry in Crisis as Japan and US Slash Imports

The shrimp industry in Kerala, India, is facing a crisis due to a significant reduction in imports from Japan and the United States. This double blow has...

Sao Ta Foods Experiences 17% Sales Growth in First Half of the Year

Sao Ta Foods has announced that its sales reached USD 95 million in the first six months of the year, representing a 17% increase over the same...

Indonesia-US Agreement Boosts Shrimp Market Access

A new regulatory framework agreement has been forged between Indonesia and the United States. This agreement, facilitated by the Marine Affairs and Fishery Ministry, aims to enhance...

China’s Shrimp Feed Industry Sees Substantial Increase

China’s shrimp feed industry is experiencing substantial growth, with production expected to reach 1.824 million tonnes, a notable increase from 1.656 million tonnes in the previous year,...

Challenges Plague Bangladesh’s Shrimp Industry Amid Export Decline

Bangladeshi shrimp faces tumultuous times as the industry grapples with a significant decline in performance. Factors contributing to this downturn include a dwindling fish supply, limited product...

Significant Growth Expected in Whiteleg Shrimp Harvests

Global whiteleg shrimp harvests will grow significantly, according to Norwegian seafood analytics company Kontali. At the recent Shrimp Summit in Chennai, India, Kontali analyst Erwin Termaat noted...

China’s Shrimp Consumption Doubles

In China, the appetite for fish and seafood, including shrimp, has more than doubled over the past two decades. Steady Rise in Per Capita Consumption From 2018 to 2022,...

Indian Fishermen Urge Government to Address U.S. Shrimp Export Restrictions

Fishermen in India have called on the government to address the ongoing restrictions imposed by the United States on Indian seafood exports, specifically shrimp. These restrictions are...

Ca Mau Province Invests Big in Shrimp Farming Future

Adapting to climate change is a top priority for Ca Mau province in the Mekong Delta, Vietnam. By 2030, the province aims to achieve significant advancements in...

Shrimp Leads Vietnam’s Agricultural Export Boom

Vietnam's agricultural sector continues to demonstrate growth, marking a trade surplus in the first half of 2024. According to the Ministry of Agriculture and Rural Development, the...

Ca Mau Shrimp Exports Reach Billion-Dollar Milestone

Ca Mau province in Vietnam boasts over 300,000 hectares of aquaculture area, predominantly dedicated to shrimp farming. As climate change intensifies, the region faces the imperative to...

Shrimp Imports in China Continue Downward Trend

China's shrimp imports in May 2024 dropped to just over 70,000 tons, worth USD 341 million, a 30% decrease in volume and a 41% decrease in value...

Prawn Farmers in India Demand Government Action on Substandard Seed Supply

The Prakasam district Prawn Farmers Association in India has raised urgent concerns regarding the quality of black tiger prawn seed supplied by local hatcheries. In a recent...

CJ Group Explores Opportunities in Vietnamese Shrimp Industry

CJ Group, based in Korea, continues to strengthen its foothold in Vietnam, marking the country as a strategic market for its diverse business ventures. With a robust...

Shrimp Development Project in Vietnam Faces Uncertain Future

The Department of Planning and Investment in Binh Dinh, Vietnam, has proposed terminating a high-tech agricultural zone project aimed at shrimp development. This decision revolves around challenges...

Sao Ta Foods Posts Strong First Half-Year Sales Revenue

Vietnamese shrimp processor Sao Ta Foods has announced its financial results for the first half of 2024, with the company reporting a significant increase in sales revenue...

Honduras Loses USD 20 Million in Shrimp Exports Due to Market Closure

Honduras has suffered losses reaching around USD 20 million so far this year. The closure of the Taiwanese market has been the main contributor to this financial...

Bac Lieu Province Reviews Economic Progress and Future Goals

The Bac Lieu Provincial Party Committee in southern Vietnam has held a conference to review the first half of the year and set the stage for the...

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