Ecuador’s Shrimp Exports Surge Driven by Demand from China and US
In January, Ecuador’s shrimp exports surged by 35% in volume, reaching 102,145 metric tons, and by 26% in value, primarily driven by demand from China and the United States, according to the National Aquaculture Chamber (CNA).
Ecuador experienced significant growth in shrimp exports in January, achieving a remarkable 35% increase in volume compared to the previous year. This growth amounts to a total of 102,145 metric tons exported, as reported by the National Aquaculture Chamber (CNA). Additionally, the value of these exports surged by 26%, indicating a robust demand from key markets. The primary drivers of this growth are attributed to increased sales to China and the United States, highlighting the importance of these markets for Ecuador’s aquaculture sector.
In summary, January 2023 marked a pivotal month for Ecuador’s shrimp industry, with substantial increases in both volume and value of exports. The notable growth, spearheaded by demand from China and the United States, underscores the strength and competitiveness of Ecuadorian shrimp in the global market. Such trends are indicative of the ongoing potential for expansion within the sector.
Original Source: www.undercurrentnews.com
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