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Mexican farmed shrimp production could counteract the effects of the US embargo on the export of shrimp caught in high seas

Frozen Common Shrimp & Prawn
Mexico
United States
Published May 12, 2021

Original content

Shrimp production in Mexico has shown a gradual growth as of 2013. In 2020, around 219 thousand mt were produced, according to SIAP data, with a decrease of 5.7% compared to 2019. Of this volume, 29% It was obtained through capture in bay and high seas, and 71% in aquaculture farms, according to the National Commission of Aquaculture and Fisheries (Conapesca). Sinaloa is the largest producer, with a participation in 2020 of 40.3%, followed by Sonora, with 39.7%; Nayarit with 7.5%; Tamaulipas 4.8% and others with 7.7%. The expectation for 2021 is about 227 thousand mt, which if achieved, would represent an annual recovery of 3.7%. With regard to foreign trade, the country has a positive balance. Exports have shown exponential growth, with the United States as the main destination, which accounts for 80% of the total sales volume. However, this panorama could change this year, after the suspension of the US certification for the export of shrimp from the high seas of Mexican origin ...
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