Key facts
- Malaysia has suspended imports of five shrimp species from Thailand.
- Malaysia has also tightened import requirements for Thai sea bass.
- The ban came into force on Monday.
- Thailand's shrimp industry has seen revenue nosedive over the past 15 years.
Thailand's shrimp industry is facing significant challenges, described as being at its 'lowest point,' following Malaysia's decision to suspend imports of five shrimp species and impose stricter requirements on sea bass. This ban, effective from Monday, adds to the woes of a sector that has seen its revenue plummet over the last 15 years since it was the world's leading shrimp exporter. The trade dispute highlights the ongoing difficulties within Thailand's fisheries sector.