Value of tuna, shrimp exports fall; profits up
 

THAILAND

 The export value of Thai tuna and shrimp during the first 
seven months of 2014 fell 2 per cent from the same period 
the previous year, but profit margin rose by 7-10 per cent 
due to lower raw-material prices.

Exports to new markets helped offset problems with the 
European Union market.

More shrimp totalling about 40,000 tonnes must be imported, 
as the Thai supply for the whole year is likely to be only 
200,000 tonnes.

Chanintr Chalisarapong, president of the Thai Tuna Industry 
Association, said yesterday that the export value of Thai 
tuna and shrimp in the first seven months had dropped 2 per 
cent to about THB 50 billion.

However, in terms of quantity, there was a year-on-year 
increase of 8-10 per cent which, when coupled with a 30-per-
cent fall in raw-material prices, resulted in a rise of 
7-10 per cent in profit margin, which was good for the Thai 
tuna industry.