2. Global sourcing became a new arena
of growing business worldwide.
It helps to build out your business globally.
Nowadays it is a very common word in the
business world.
In earlier days, when we did not have packaged
food, the varieties of seafood are directed taken
from our natural sea and it was absolutely free.
But now, the trend has been changed.
People used to search seafood online or they try
to find them in seafood store, restaurants where
the pure and processed sea foods are available.
We easily get it from our nearest seafood shops.
3. Nowadays, it becomes a trade to import the
seafood from other countries.
Since the intake of seafood increases day by
day, and the countries which are not rich in
seafood they have to take the seafood from
other countries.
So, the no. of Seafood importers increases
day by day. Seafood is a good that is brought
in from another country for sale.
4. Under this import and export of goods
suppliers plays the main role to supply the
seafood to their consumers either buy online
or by any other process.
It has its own advantages
and disadvantages therefore global sourcing
has the both.
In this import- export the relationship
between the countries can stand for a long
time.
5. Both countries are aware about the economic
condition of the each other.
In future they can help each other if they
anyone of them require any type of help.
This leads to the globalization, which will
improve the economy of different countries.
6. There could be many reasons of Global
sourcing but the basic reason is cost.
There are many countries from where the
import and export of seafood is going on.
Any country can import the seafood from
other countries because it is not
feasible there.
During import there are many formalities like
you have the currency of that country that is
going to export you its product.
7. It has the tax value also. It becomes a costly
process for any country who is taking the
product of the other country.
One country can take benefit only when it is
rich in other product in which the opposite
side is lacking behind.
Then they can apply some conditions and
improve their business.
8. According to the 2007 US Census
Bureau, the seafood is the no. one food product
exported from China to the United States
especially fish and shellfish.
In the same year, more than $2.013 billion of
seafood was imported by the US.
This number includes catfish and
shrimps, which are the two of the 10 most
demanded seafood and highly consumed
seafood products in the country.
This makes China the largest exporter of
seafood as well as the second largest in terms of
monetary value.
9. United States, China, Germany, France, UK are
the countries which take the greatest amount
of seafood .
Seafood is consumed all over the world.
It provides the world's prime source of high-
quality protein, 14–16% of the
animal protein consumed world-wide, over 1
billion people rely on seafood
as their primary source of animal protein.
10. Iceland, Japan is the greatest consumers
of seafood in the world.
In these countries the seafood importers are
taking benefit.
They are going to develop themselves so that
people intake seafood from them.
They can improve economy also but it is again a
competition under that country also because
suppliers can take seafood from them.
And the quality will matter there. Many of the
importers try to preserve the seafood so that
it remains fresh for a long time and people can
enjoy it.
