Tag Archives: shrimp exports
US Embargo Hits Mexican Shrimp Industry Hard
The United States has suspended certification of wild-caught Mexican shrimp, preventing producers from export part of their production to the USA. Already financially weakened Mexican shrimp exporters are confident that the decision will be reversed soon, but have concerns about the severe economic consequences. US inspectors identified non-conformities in the turtle excluder devices (TEDs) in dozens of fishing gears inspected at Sonora, Sinaloa, Tamaulipas and Campeche ports. News of the embargo was received with concern by the shrimp fishermen all over Mexico. ‘But we haven’t felt any impact yet, given that we had already exported all stocks and we’re now waiting for the next shrimp season to start in September,’ >photos, click to read< 13:13
In Newport, a coronavirus outbreak spreads to local economy
Pacific Seafood ceased operations at all five of its Newport plants. The Oregon Health Authority said the outbreak is contained to Lincoln County and that risk to the public is low. But Newport Mayor Dean Sawyer said most of those who tested positive are locals. The town’s economy is hurting again without a major fish buyer and supplier. And businesses are shutting back down to try to slow the spread of the virus. “They live here, they work here, they’re community-based people,” Sawyer said. “And, of course, the problem with that is that people live and work with people that work in other industries.” >click to read< 12:16
Helping US Shrimpers, New Trump order might hit India’s shrimp exports
The $5.5-billion Indian seafood export market might face new restrictions in America. The new Donald Trump government, in an executive order, is set to enforce countervailing duties strictly on countries held to be dumping goods. America is the major importer of Indian seafood, with a share of 28.5 per cent in 2015-16, for 153,695 tonnes worth $1.3 billion. Frozen shrimp is the principal item of export to the US, with a share of 94 per cent in value terms. Another executive order directs their department of commerce and the Office of the US Trade representative to examine every form of trade abuse and non-reciprocal practice that contribute to the US’ large and persistent trade deficit, largest of any major nation in 2016 at $500 billion. Within 90 days, both these agencies are to give a comprehensive report to the President on the causes. “The US is the only country which is imposing an anti-dumping duty on Indian shrimp, to give level playing to its producers. click to continue reading the story 19:30
