China has created huge demand in the global seafood market and is likely to become a $20 billion seafood import market in the next few years.
In 2023, China's aquatic product imports reached 4.6 million tons, with a total import value of US$18.8 billion.
In the first half of 2024, cumulative imports of aquatic products were $8.839 billion, and the import volume was 2.3295 million tons. From the cumulative data from January to August 2024, the total import volume was $11.682 billion and the import volume was 3.0641 million tons. In 2023, China's seafood imports were 4.6 million metric tons, worth $18.8 billion.
The top ten suppliers of China's seafood imports in 2023 are:
Ecuador:
It ranks first with its export advantage of frozen South American shrimp. Ecuadorian white shrimp is very popular in the Chinese market. Its price has certain advantages, and its shell is thin, its meat is thick, and its taste is fresh and tender. China is an important export market for Ecuadorian white shrimp.
Russia:
The country ranks second with its advantageous categories such as frozen fish, fresh crabs and frozen crabs. Russia has vast sea areas and rich marine resources, providing China with a large amount of seafood products.
Canada:
With its excellent performance in the export of fresh lobster, frozen Arctic shrimp and other special seafood, it returned to the third place. Canada's seafood products are of high quality, such as Arctic shrimp and lobster, which have a high reputation and good reputation in the Chinese market.
India:
It ranks fourth mainly by exporting South American shrimp, frozen fish and other products. India's aquaculture and fishing industries are also relatively developed, providing a certain amount of seafood products to the Chinese market.
The United States:
It ranks fifth by virtue of its advantages in Alaska seafood, fresh lobster, Caribbean lobster, frozen California squid, etc. The United States has a rich variety of seafood products, and its seafood industry is relatively mature, and the product quality is guaranteed to a certain extent.
Norway:
With the advantage of fresh salmon alone, but the export of frozen cod and frozen mackerel is decreasing, it is currently ranked sixth. Norway has advanced salmon farming and fishing technology, and its fresh salmon occupies a certain share in the Chinese market.
Indonesia: It is an emerging aquatic product export power, ranking seventh by virtue of its advantages in South American shrimp, live mud crabs, mantis shrimp, live lobsters, etc. Indonesia has rich marine resources, and its seafood product exports have continued to grow in recent years.
Vietnam:
It mainly exports farmed basa fish fillets and other products to China, and currently ranks eighth. Vietnam's aquaculture industry is developing rapidly, and it is geographically close to China, which has certain export advantages.
Chile: It ranks ninth with its advantages in fresh salmon, frozen salmon, frozen silver cod and frozen king crab. Chile has rich marine resources, and its seafood products are competitive in the international market.
New Zealand:
It ranks tenth with its advantages in fresh spiny lobster. New Zealand's seafood products are recognized by Chinese consumers for their high quality and safety.
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