Leonardo had aimed to add about 100 new ponds this year to his 150-pond farm on the southwestern tip of Java island, but was forced to reconsider when U.S. orders dried up in the wake of Trump’s initial tariff threats in April.
“With the U.S. pressuring Indonesia’s exports, everyone is eagerly looking for new opportunities to diversify, to reduce their dependence on the U.S.,“ the 30-year-old prawn farmer said after July’s announcement.
Andi Tamsil, the head of Indonesia’s shrimp farmers’ association, estimates the 19% tariffs could see total exports plunge by 30% this year compared to 2024, putting the livelihoods of one million workers at risk.
China is the world’s biggest importer of shrimp by volume, but Indonesians have preferred to sell to the U.S. where they could get better prices, Budhi said.
Now the industry is having to work hard to promote its products to Chinese buyers.
“We have a very big opportunity in China that imported around 1 million tonnes of shrimps,“ Tamsil said. “Imagine if we could take just 20% of China’s import market.”
Back on his farm, Leonardo is confident his business, which he inherited from his father, can weather the U.S. tariff storm. But it might not expand as quickly as he once hoped.
“I am optimistic that my company could survive because there will still be supply and demand. But for growth, I am not that optimistic,“ Leonardo said. - Reuters
Hence then, the article about hit by us tariffs indonesia plans to sell shrimp to china instead was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Hit by US tariffs, Indonesia plans to sell shrimp to China instead )
Also on site :