Malaysia's Shrimp Import Ban Threatens Thai Industry Survival
Thai shrimp farmers face potential ruin as Malaysia banned imports of five shrimp species due to safety concerns. This adds to existing challenges including disease outbreaks and competition.
Thai shrimp farmers have warned they face being driven out of business after Malaysia banned imports of five shrimp species over apparent safety concerns, as the industry also grapples with disease outbreaks, rising competition and renewed US tariff threats. Malaysia issued a temporary ban on June 1, also tightening import requirements for Thai sea bass. The move was a gut punch for Thailandโs seafood industry, which exports 10,000 tonnes of shrimp across its southern border each year. Bangkok.....