Higher Mexican shrimp production leads to growing exports to the Netherlands

Published Apr 30, 2021

Tridge summary

In 2020, Mexican shrimp exports to the European market, particularly the Netherlands, saw a significant increase of 333% from the previous year, reaching $25.1 million. This made shrimp the fastest growing agricultural export product to the Netherlands. The total turnover of Mexico's breeding industry is over $850 million, with a production of approximately 250 thousand tons in 2020. The country's exports focus on medium, large, and jumbo shrimps, while it imports small and medium shrimp. Additionally, Mexico's aquaculture farms produced around 65,000 tons of tilapia in the same year, but the domestic market experienced a shortage as imports reached 75,000 tons, making Mexico the second largest importer of tilapia in the world.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Particularly in the shrimp sector, a number of Mexican companies entered the European market in 2020 and this is reflected in the figures: Mexican exports of shrimp to the European market amounted to $ 25.1 million in 2020, an increase of 333 % from 2019 ($ 5.8 million). The Netherlands occupies an important position here: 84% of these exports to Europe, or $ 21.2 million, were imported by the Netherlands. This made shrimp the fastest growing agricultural export product from Mexico to the Netherlands in 2020, and in one year it became the fourth most important agricultural export from Mexico to the Netherlands (after avocado, orange juice, and limes). Shrimps The combination of an ever-increasing domestic demand, the great potential as an export product and the optimal conditions for shrimp production in various states of the country, means that this sector in Mexico is experiencing impressive growth. The total breeding industry today has an annual turnover of more than USD 850 ...

Source: Agroberichtenbuitenland