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. This ban, effective from Monday, adds to the woes of a sector that has seen its revenue plummet since it was the world's largest exporter 15 years ago. Malaysia has also imposed stricter import requirements on Thai sea bass, further impacting the Thai fisheries sector.