Thailand’s shrimp industry at ‘lowest point’ as it reels from Malaysia import ban
The ban comes as Thailand’s embattled fisheries sector faces increased competition, tariffs, shrimp disease, rising costs and reduced catch
Malaysia’s temporary ban on five shrimp species – as well as tightened import requirements for Thai sea bass – came into force on Monday.
The trade row comes as Thailand’s fisheries sector is struck from all sides by increased competition, tariffs, shrimp disease, rising feed and fuel costs and reduced catch.
According to the Thai Shrimp Association, Malaysia imports around 10,000 tonnes of Thai shrimp each year, much of it from the southern provinces given their extensive fishing industries and proximity to the Malaysian border.
“Today, the Thai shrimp industry is at its lowest point,” Ekapoj Yodpinit, president of the Thai Shrimp Association, told This Week in Asia.
He called on the Thai government to urgently discuss the issue with Malaysian counterparts.