The global implications of one country’s seafood trade
The extreme complexities and ever-changing nature of the global seafood trade make it exciting and frustrating in equal measure. Fortunes can be made one day and lost the next, but one recent development appears to herald a raft of opportunities for aquaculture producers and traders around the world.
As Gorjan Nikolik explains, China has now become a net importer of seafood, which should be good news for farmers: both in countries like Ecuador and Vietnam, which are exporting more shrimp and pangasius to China, and for those in regions such as sub-Saharan Africa, who may not have to compete with cheap Chinese tilapia imports for much longer.
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