Global trading platform Tridge
Maximize your business opportunity with our Intelligence & Data Solution. Get started now.

News & Insights

Local News

Future of the shrimp industry in Bangladesh

Updated Aug 30, 2022
The Bangladeshi shrimp sector enables livelihood opportunities for millions of people residing in the southern part of the country.
In the early 1970s, the beginning of commercial shrimp farming started in Bangladesh with 9 fish processing plants being set up in Chittagong and Khulna and that gave rise to the present export-oriented shrimp industry. Since then, commercial shrimp farming slowly started to gain popularity in the coastal regions, but it only dramatically escalated in the early 1980s, which earned it the term ‘Blue Revolution’. The journey of the shrimp sector of Bangladesh can be further classified into four broader segments, they are: In the early days, shrimp aquaculture was governed by a complex system of political patronage consisting of powerful local officials, who were lured into the sector by the prospect of short-term profits. They would frequently extrude marginal fish farmers from their land, convert regions of the Sundarbans mangrove forest into shrimp farms and confiscate government-owned lands. These frequent exploitation of power and malpractices in shrimp production, which further ...
Everything you love about a trade show, made 24/7
Sponsored by

Recommended exhibitors for you

By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.