Japan's August seafood exports drop 75% due to China's import ban... Direct hit

Impact of China's Import Ban Following Japan's Contaminated Water Discharge Start

Last month, when Japan began discharging contaminated water from Fukushima, Japan's seafood exports to China plummeted by more than 75%.

[Image source=Yonhap News]

According to the Japanese Ministry of Finance on the 28th, Japan's seafood exports to China in August totaled 2.18014 billion yen (approximately 20 billion KRW), a 75.7% decrease compared to the same period last year.

This is attributed to the Chinese government's full ban on imports of Japanese seafood, implemented last month in response to the start of Fukushima contaminated water discharge. The import value of Japanese seafood reported by China in mid-month for last month also dropped 67.6% year-on-year to 149.02 million yuan (approximately 27.1 billion KRW).

After China, Japan's largest seafood export market, imposed the import ban, the Japanese government moved to support the fishing industry. To address rumors related to Fukushima contaminated water and support fishermen, Japan decided to add 20.7 billion yen (approximately 18 billion KRW) to the existing fund of 80 billion yen (approximately 740 billion KRW), allocating the funds for purchasing and storing major export products such as scallops and seeking new export markets.

This content was produced with the assistance of AI translation services.