Ecuadorian shrimp is relaunched in the Chinese market

Within the framework of the 17th World Seafood Shanghai international fair, representatives of shrimp exporting companies participate in the relaunch of Ecuadorian shrimp in its main export destination: China. The purpose is to enhance the characteristics of the Ecuadorian product, strengthening its position in its most important market. China buys 54% of the shrimp that Ecuador exports, from January to June 2022 it acquired the product for more than 1,669.4 million dollars; in the same period of 2023 they were more than 1,944 million dollars, the increase in the amount is 16%. And the growth in pounds sold is significant, which was 40%, according to figures from the National Chamber of Aquaculture (CNA). However, the shrimp sector faces the fall in the international price of the crustacean, slowing down the income of foreign currency to the country, from the sale. In the first half of 2022, compared to 2021, the growth in FOB value was 70.6%; The fall is notable when in the same ...