July 6, 2023 CFSI Staff

US Department of Commerce releases export strategy to address seafood trade imbalance

International trade imbalances are hampering America’s seafood industry, but the U.S. government is working to address those issues and promote exports, according to a new export strategy from the U.S. Department of Commerce.

Released in late June, the strategy calls for increased coordination across government agencies, using artificial intelligence to process export data, and greater outreach to the seafood industry.

“Difficulty accessing foreign markets undermines the potential growth and competitiveness of the U.S. seafood industry,” the document said. “Fishing vessel owners and operators, processors, exporters, and other stakeholders have expressed concerns that foreign competitors have better access to the U.S. market than the U.S. seafood industry has overseas, undercutting market opportunities both domestically and internationally.”…

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