Shanghai customs said on Tuesday [24 May 2016] that imports of aquatic products for the January-April period increased 34.7 percent year-on-year to 34,000 tons. The total import value was 2.48 billion yuan ($379 million), up 36.4 percent, Shanghai customs said in a statement…Full Article: The Global Times May 2016

Key Point

  • Shanghai customs stated that imports rose due to high demand and low import tariffs. Southeast Asia, Chile, New Zealand, and South Korea were the top suppliers.

ChinaAg Comments

  • From 2014 to 2015, mainland China’s imports of all aquaculture/seafood products decreased slightly from approximately 2.8 million MTs to 2.6 million MTs. Qingdao was the largest importer by volume, accounting for 42% (~1.1 million MTs) of mainland China’s imports in 2014 and 2015. Dalian (~34% of mainland of imports) was the second largest importer followed by Xiamen (5% import share).
  • From 2014 to 2015, Shanghai aquaculture imports (all seafood products) increased from 74,845 MTs to 81,571 MTs. In 2015, Shanghai accounted for just 3% of mainland China’s aquaculture imports.

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