Ecuador's shrimp exports to China increased to a record
Frozen Common Shrimp & Prawn
Ecuador
Published Nov 12, 2022
Tridge summary
According to data from Ecuador's fisheries management agency (Camara Nacional de Aquacultura), the country's shrimp exports to China in September hit a record 57,000 tons, worth $353 million.
Original content
Compared to the same period last year, shrimp exports increased by 38% in volume and 34% in value. Sales to China are increasing, bringing this market's share of Ecuador's total shrimp exports to 60%. According to Undercurrent News, in July, Ecuador also set a record when shrimp exports to China reached 55,000 tons. In another development, Ecuador's shrimp and shrimp exports to the US in September increased by 2,000 tons to 16,000 tons. Sales to the European market also increased by 2,000 tons to 15,000 tons. Ecuador often ranks 2nd or 3rd in the top shrimp suppliers to the US in terms of volume. However, Ecuador is gradually closing the gap with India - the largest shrimp exporter to the US. Generally in 9 months, Ecuador's shrimp exports to markets brought in more than 6 billion USD. The export price of shrimp was relatively stable for key markets in September. Accordingly, in China, the average export price of shrimp was about USD 6.19/kg, down only 1% ...
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