See you at Booth 2647-3, March 16-18, 2025 in Boston, USA, Seafood Expo North America 2025

Prices for yellowfin tuna for December delivery continue to fall in several regions, driven by weak demand in Europe. Weak demand in Europe has led to low prices, as has skipjack tuna. The European canned tuna industry is going through a difficult period characterized by a challenging marketing season.

US scallop market fills domestic gap by leaning more on Japan, other countries. The US is looking more to Japan, Argentina and China to help answer its appetite for scallops, the latest update of sea...

On May 12, 2025, China and the United States Achieve Major Breakthrough in High-Level Economic and Trade Talks Held in Geneva The two countries jointly issued the *Sino-U.S. Joint Statement on Economic and Trade Talks in Geneva*, announcing that they would eliminate 91% of additional tariffs imposed on each other and suspend the implementation of 24% of tariffs for a period of 90 days. This move not only presses the “pause button” on the thawing of bilateral economic relations but also brings a significant turnaround for the seafood trade, which had previously suffered heavy losses.

In April 2024, according to the data observation of Zhejiang Zhoushan International Agricultural Products Trade Center Co., Ltd: from the operation of the monthly price index, the monthly price of China ocean-going squid continued to rise in April 2024, the index closed at 182.11 points, up 3.61% from a year earlier, the rate of increase slightly narrowed compared with that of March (5.90%); from the operation of the weekly price index, the price of each week of April rose first and then fell, of which The first and second week prices continued to rise, the second week index for the highest ever 171.28 points, a slight increase of 0.29% over the ring, the third week the index rushed high and fell back, the index closed at 170.06 points, down 0.71% over the ring.

The United States relies on overseas imports for much of its seafood needs, a situation that has persisted for more than three decades. According to U.S. government data, about 80 percent of seafood consumption comes from abroad, resulting in a seafood trade deficit that has become the norm.