Thai Enquirer
Malaysia Shrimp Import Suspension Pushes Thai Farmers Into Losses, Industry Warns
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Thai shrimp farmers have called for urgent government intervention after Malaysia suspended imports of five shrimp species from Thailand, warning that falling prices could result in industry-wide losses exceeding 1 billion baht this year.
Key facts
- Malaysia is one of Thailand’s key shrimp export destinations, importing about 6,000-8,000 tonnes annually, equivalent to roughly 5% of Thailand’s total shrimp exports
- Current farm-gate prices are about 10-20% below those costs.
- Representatives of the Thai Shrimp Farmers Association, led by president Khrrchit Hemaraks, met Department of Fisheries Director-General Thitiporn Laoprasert on Thursday to seek assistance
- Malaysia’s import controls took effect on June 1 and cover whiteleg shrimp, giant tiger prawns, brown tiger prawns, banana prawns and blue shrimp
Summary
Representatives of the Thai Shrimp Farmers Association, led by president Khrrchit Hemaraks, met Department of Fisheries Director-General Thitiporn Laoprasert on Thursday to seek assistance. The group, representing farmers from more than 20 provinces, said the suspension has added to existing pressures from border trade restrictions, seasonal price declines and the impact of the war in the Middle East.
Malaysia’s import controls took effect on June 1 and cover whiteleg shrimp, giant tiger prawns, brown tiger prawns, banana prawns and blue shrimp. Malaysian authorities said the suspension will remain in place until Thailand submits a complete response to a food-safety questionnaire, while Malaysian media reported the measure was also partly a reciprocal response to Thai restrictions on certain Malaysian seafood imports.