SEAFOODNEWS.COM [China Reports] translated by Amy Zhong – October 9, 2017

Trans-border e-commerce has hastened the upgrading of China’s consumption and its seafood imports have risen dramatically. As statistics show, the country imported seafood worth more than 46.3 billion yuan (~ $7 billion USD) last year, while the demand for imported seafood has increased to 7.6 million tons this year. And the number is expected to be more than 10 million tons in 2020.

Main seafood exporters worldwide have tried to promote their products to this lucrative market through various strategies like cooperation with local e-commerce platforms. Norway has exported more than 80,000 tons of seafood to China within the first half of 2017. The number grew by 44 percent compared with the same period in 2016. And the export value is expected to reach 10 billion yuan (~ $1.5 billion USD) by 2025. Apart from Norway, others such as Canada, New Zealand, Chile and Argentina have also cooperated with China’s e-commerce companies to take advantage of this huge market.

 

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