Indonesia is facing a potential 30% decrease in shrimp exports due to US tariffs, which purchase 60% of the country’s $1.68 billion shrimp exports. In response, Indonesian shrimp farmers are considering turning to China as an alternative market. The US-China trade war has led to uncertainty, prompting Indonesia to explore new options for its shrimp industry.
Located in Pandeglang, Indonesia, one shrimp farm is looking to shift its focus to China in light of the US tariffs. The farm is over 16,000km away from Washington DC, where US President Donald Trump announced the additional tariffs on Chinese products. By redirecting exports to China, Indonesian farmers aim to mitigate the potential losses incurred by the US tariffs.
The impact of the US tariffs on Indonesia’s shrimp sector is significant, with the country now strategizing to adapt to the changing trade landscape. Efforts to pivot towards China may offer a lifeline to Indonesian shrimp farmers, helping to sustain the industry amidst challenging market conditions. While uncertainties persist in the global trade environment, Indonesia’s shift towards the Chinese market reflects a proactive approach in navigating trade disruptions.
