Altogether more than 250,000 fishing vessels will be affected, and many of them will venture further to catch fish to avoid the costs of stopping operations completely.

To put this into context, China is the world’s largest net exporter of seafood, while the number one net importer of seafood is the United States. However, China will soon become the world’s biggest seafood importer due to a rise in its people’s average income. China’s import volume has grown by 8 percent annually.

By 2020, the Chinese government projects that as marine resources deplete, the country’s fisheries production will shrink to around 10 million tons, a contraction of 3 million tons compared to its 2015 volume.

Growing Chinese demand for seafood, however, will stress existing global fisheries stocks unless proper sustainability measures are rigorously applied.

In comparison, the US government recently enacted a rule on seafood traceability seeking to prevent imports of illegally caught fish. However, major US seafood companies have filed a lawsuit against the government, claiming that the policy will increase operational costs by up to US$1 billion per year — because in practice, large volumes of US seafood are exported to processing hubs mainly in China and then reimported by US companies.

Witnessing these dynamics, the global demand for seafood will impact countries with relatively healthy fisheries stocks, including Indonesia.

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