Tuesday, 29 October 2024 11:38

Indonesia Expands Shrimp Exports to Japan, South Korea, and Australia

The Ministry of Marine Affairs and Fisheries (KKP) is exploring new export markets for Indonesian shrimp, targeting Japan, South Korea, and Australia following anti-dumping issues in the U.S. Erwin Dwiyana, Marketing Director of the Directorate General for Marine and Fisheries Product Competitiveness, stated that the market expansion is supported by a modeling program to enhance the quantity and quality of shrimp exports. “While there are still opportunities in the U.S. market for non-frozen shrimp, Japan offers great potential for frozen and processed shrimp, along with promising prospects in Australia and South Korea,” Erwin said on Monday, 28 October 2024.


Regarding the anti-dumping case, Erwin noted positive progress in the ongoing efforts between KKP and relevant authorities. The U.S. Department of Commerce's (USDOC) final determination revealed no evidence of countervailable subsidies for Indonesian shrimp farmers and exporters. However, a provisional additional tariff of 3.9% for Indonesian shrimp was set by USDOC on October 22, down from the preliminary rate of 6.3%. Erwin highlighted this as a positive outcome ahead of the final ruling on December 5. Meanwhile, the Indonesian government continues to enhance shrimp production quality through regional aquaculture programs to support the expanding market.

Source: https://www.tvonenews.com/ekonomi/261184-jepang-korea-selatan-dan-australia-jadi-incaran-baru-ekspor-udang-indonesia

 

 

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