Tridge summary
In October 2024, Ecuador's shrimp exports fell by 12% compared to the previous year, with total exports for the year trailing 2023 by 1%. Exports to China and the USA declined, with China seeing a 13% drop in October and a 10% decrease for the year, while the USA experienced a 26% drop in October but a 4% increase for the year. Conversely, exports to the EU increased, particularly to France, the Netherlands, Lithuania, and Portugal, with Spain, France, Italy, the Netherlands, and Lithuania being the top importers. Ecuador is also diversifying its markets by boosting exports to Taiwan, Japan, the UAE, and Morocco.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Ecuador’s shrimp exports in October 2024 drop 12% YoY. Year-total now 1% behind 2023. Export markets: China October 2024: 45,456 MT = -13% Year total: 535,798 = -10% YoY USA October 2024: 13,380 MT = -26% Year total: 178,552 MT = 4% EU October 2024: 17,334 MT = 3% Year total: 169,622 MT = 13% YoY ECUADOR’S SHRIMP Exports to the US and China have been falling in recent months, but exports to the EU have increased. Most of the growth in the EU in 2024 is driven by France (20%), Netherlands (39%), Lithuania (217%) and Portugal (73%). The top five importers in the EU now are Spain, France, Italy, Netherlands, and Lithuania, with respective shares of total imports of 30%, 20%, 20%, 7%, and 7%. Other ...
Source: Fish Focus
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