The Thaiger
Malaysia bans Thai shrimp over seabass dispute, 4 billion baht at risk
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Malaysia’s ban on Thai shrimp imports took effect on June 1, targeting five species and putting more than 4 billion baht in annual export revenue at immediate risk . The measure is a direct response to Thailand’s own import restrictions on Malaysian seabass, and it has already disrupted trade on both sides of the border.
Key facts
- Malaysia’s ban on Thai shrimp imports took effect on June 1, targeting five species and putting more than 4 billion baht in annual export revenue at immediate risk
- Malaysia is one of Thailand’s most important shrimp export markets, with annual export volume averaging 6,000 to 8,000 tonnes and representing around 5% of Thailand’s total shrimp exports, valued at over 4,000 million baht per year.
- Middlemen have begun pushing farm-gate prices down to 40 baht per kilogramme, forcing farmers to absorb losses
- The five species affected are black tiger prawns, white shrimp, banana prawns, brown shrimp, and blue shrimp
Summary
What Malaysia has banned and why
The five species affected are black tiger prawns, white shrimp, banana prawns, brown shrimp, and blue shrimp. Malaysia has suspended imports of all five temporarily, and has also added new inspection requirements for Thai seabass crossing into Malaysia.