SL Gets Boost To Serve China’s $ 15 Billion Seafood Market

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  • GACC health certificate will facilitate prosecution of existing exporters and entry of new exporters into a lucrative market
  • EDB chief says deal will help increase Sri Lanka’s export market share in China
  • Key request for shellfish – crabs, shrimps, shrimps, lobsters
  • China ranks 10th seafood export market in 2020, up from 14th in 2019

By Charumini de Silva

Sri Lanka is preparing to re-enter China’s $ 15 billion seafood market after addressing issues with mandatory health certification.

The General Administration of Customs of China (GACC) recently approved the amended sanitary certificate, allowing the importation of fishery and aquatic products from Sri Lanka from July 1.

With the participation of the Fisheries Department of the Export Development Board (EDB) and the Sri Lankan Embassy in China, the certificate has been upgraded to meet the quarantine requirements of the GACC – Import and Export Food Safety Bureau.

Exported seafood and aquaculture products must obtain the necessary authorization from the competent authorities of the importing country.

“China is a lucrative market for seafood and aquaculture products such as frozen fish, crabs, shrimps, lobsters and sea cucumbers. This agreement will boost the market share of seafood exports. Sri Lanka Sea in China, ”EDB Chairman Suresh de Mel told the Daily FT.

He said the amended health certificate would allow existing Sri Lankan companies to continue their exports and new exporters to enter the lucrative Chinese market.

China is a key player in the global seafood trade and is one of the largest producers, consumers, importers and exporters of seafood in the world. Chinese consumption has grown steadily and shifted towards an increasing amount of high-value marine species.

“There is a significant increase in our seafood exports to China, especially shellfish. With the Chinese consumption model, there is more demand for crabs, prawns and prawns and Sri Lankan lobster than for tuna and swordfish, which are usually exported in larger quantities to other markets. . The main reason is their culture and food preferences, ”said de Mel.

Sri Lanka exported 1.3 million kilograms of $ 1 billion worth of seafood to China last year and rose from 14th place in 2019 to 10th seafood export destination in 2020.

Chinese seafood imports reached 4.3 million tonnes worth $ 15.44 billion in 2019, a 30% increase over 2018 due to higher meat prices , strong domestic demand and continuous value-added processing for the export market.

China’s seafood import requirements are expected to reach 18 million tonnes by 2030. The growing wealth of urban consumers, the increase in seafood consumption and the shift towards more wildlife and navies are among the factors that make China high potential. export market.

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