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Ecuador's shrimp exports to China in March fell 50.8% year-on-year

Published May 28, 2024

Tridge summary

Ecuador's shrimp exports to China saw a significant decrease in both volume and value in March, compared to the same period last year. However, exports to the United States and European Union increased, with the United States becoming the largest market for Ecuadorian shrimp. Despite the increase in the average price of Ecuadorian shrimp this year, it still remains at a low average price compared to previous years.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In March, Ecuador's shrimp exports to China were 91.2 million pounds, down 41.9% from 157 million pounds in the same period last year, and the export value was US$186 million, down 50.8% from US$379 million in the same period last year. Exports to the United States increased from 32.9 million pounds in the same period last year to 56.3 million pounds, up 70.8% year-on-year, and the export value was US$150 million, up 58.6% year-on-year. Exports to the European Union were 40.2 million pounds and US$89.3 million, up 32.7% and 15.8% year-on-year, respectively. In March, The top three major export markets purchased more than 90% of Ecuador's shrimp products. China accounted for 45.1% of the total exports, a year-on-year decrease of 66.4%. The United States' share increased from 13.9% to 27.8%, and the European Union's share increased ...
Source: Foodmate
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