Indonesia dominated the shrimp market share in the United States with a value of US$93.5 million in January, which was 22.7 percent of the total market share, with frozen peeled shrimp warm water products, Nasdaq reports.
"This comes as good news in the midst
of the government's efforts to boost exports by up to 300 percent by 2019,"
Commercial Attache of the Indonesian Embassy in Washington DC, Ni Made Ayu
Marhini, said in a press release on Tuesday.
Data obtained from the official US trading
in March revealed that Indonesia led shrimp exports to the country with a value
of US$93.5 million.
India follows in the second position with
US$91.4 million, or 22.19 percent of the market share; Ecuador comes in third
with US$51.1 million, or 12.41 percent of the market share.
In the ASEAN region, Vietnam gained some
US$44.3 million with a market share of 10.7 percent; Thailand earned US$34.2
million with a market share of 8.3 percent; and Malaysia gained US$14.3 million
with a market share of 3.49 percent.
According to Marhini, Indonesia should be
able to maintain this good export momentum to keep increasing exports all year
long.
"Shrimp is the top seafood product of
the US market. So it is a promising business," Marhini noted.
Furthermore, the US National Oceanic and
Atmospheric Administration pointed out that more than 90 percent of the fish
market and fishery products in the country were imported with an increasing
consumption trend.
Read more HERE.
The Aquaculturists
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