lautnusantara.com The global trade war—especially the one between the United States and China—has impacted not only high-profile sectors like technology and manufacturing, but also less obvious industries, including Indonesia’s fisheries sector. As a maritime nation rich in marine resources, Indonesia views fisheries as one of its key export sectors. However, ongoing trade tensions between major global powers have brought both direct and indirect consequences to this important industry.
Trade Wars and Shifts in Trade Routes
When two economic giants impose high tariffs on each other, they often seek alternative trading partners. This creates both opportunities and challenges for countries like Indonesia. For example, when the U.S. imposed steep tariffs on Chinese seafood products, it opened the door for Indonesia to fill that gap in the American market. On the flip side, China also began targeting new export markets, including those traditionally served by Indonesia—leading to increased price competition.
Fluctuations in Demand and Price
Trade conflicts generate global uncertainty, affecting market stability. Some countries reduce their imports due to economic slowdowns, resulting in declining prices for seafood. Key Indonesian export commodities such as shrimp, tuna, and squid have felt this pressure in international markets.
Non-Tariff Barriers and New Standards
As a ripple effect of the trade war, several countries have started imposing stricter technical standards and certification requirements on imported goods. This poses a challenge for Indonesian seafood exporters, who must now adapt to new regulations in order to maintain access to key markets. Without proper adjustments, export potential could be hindered.
Opportunities for Market Diversification
On a more positive note, the trade war has encouraged Indonesia to explore non-traditional markets such as the Middle East, Africa, and South Asia. This diversification is crucial to reduce dependency on a limited number of markets that are vulnerable to global trade tensions.
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