Ecuador shrimp exports hit a record high, highlighting the tariff advantages of Latin American countries.

Published 2025년 8월 10일

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Core Insight: In the first half of 2025, Ecuador's shrimp exports demonstrated strong resilience, achieving a record total despite being in the seasonal production low period. Data shows that in June of this year, the country exported 126,000 tons of shrimp products, an 18% increase year-on-year, pushing the first half of the year's total exports to nearly 720,000 tons, a 17% increase year-on-year. Total export revenue for the period reached $3.79 billion, a 26% increase. Industry insiders believe that the so-called "raw material tightness" in the current market is more a result of supply pressure from strong global demand rather than a significant reduction in actual production.

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Jose Antonio Camposano, president of the National Aquaculture Association of Ecuador (CNA), pointed out that June to August is traditionally the off-season for white shrimp production in the country, so the decline compared to May is a normal seasonal fluctuation. However, from the perspective of the export market structure, demand from the U.S. and European markets stands out. In June, exports to the U.S. reached 21,400 tons, a surge of 44% year-on-year; cumulative exports for the first half of the year reached 134,400 tons, a year-on-year increase of 13%, with a value of 867 million U.S. dollars. France's imports increased by 88% to 33,700 tons in the first half of the year, while Spain's imports increased by 42% to 41,800 tons, showing that European buyers are increasing their purchasing power for white shrimp. Stable demand from China, with growth in small Asian markets As Ecuador's largest single market, China imported 358,300 tons of white shrimp in the first half of the ...

Source: Foodmate