Opportunities for Frozen and Processed Shrimps to Enter the Singaporian and Malaysian Markets | ||
| Egyptian Journal of Aquatic Biology and Fisheries | ||
| Article 61, Volume 28, Issue 3, May and June 2024, Pages 1063-1072 PDF (540.69 K) | ||
| Document Type: Original Article | ||
| DOI: 10.21608/ejabf.2024.361160 | ||
| Author | ||
| Muhammad Yusuf et al. | ||
| Abstract | ||
| The primary export from the Indonesian fisheries sector is shrimp. Numerous shrimp businesses have established export destination markets in ASEAN nations, including Malaysia and Singapore, since their potential is comparable to that of the USA or Japan. This study was conducted from 2018 to 2022 to ascertain the Indonesia's competitiveness regarding shrimp export commodities in the Malaysian and Singaporean markets, in addition to enhancing the strategies with the aim of augmenting the competitiveness of Indonesian shrimp in international markets, particularly those of Malaysia and Singapore. The analysis techniques employed were the trade balance index (TBI), market size, and market share index to assess opportunity, and normalized revealed comparative advantage (NRCA) and comparative export performance (CEP) to assess competitiveness. The results showed that the Indonesian shrimps are competitive in the Singaporian and Malaysian markets but need improvement due to the intense rival competition. | ||
| Keywords | ||
| Asean markets; Frozen shrimp; Opportunity processed shrimp | ||
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