Ecuador’s Shrimp Exports Surge in January, Driven by Demand from China and US
In January, Ecuador’s shrimp exports surged by 35% in volume and 26% in value, reaching 102,145 metric tons. This growth is largely driven by demand from the United States and China, showcasing Ecuador’s strengthening role in the global seafood market as reported by the National Chamber of Aquaculture.
Ecuador experienced a significant boost in its shrimp exports during January, with a year-on-year increase of 35% in volume, totaling 102,145 metric tons. This surge in sales was reported by the National Chamber of Aquaculture (CNA). Furthermore, the value of these exports also rose, achieving a remarkable 26% growth, indicating a thriving demand in key markets such as China and the United States.
The strong performance of Ecuadorian shrimp is attributed to rising global demand, particularly from major importing countries. This highlights the growing importance of Ecuador as a leading shrimp supplier on the international stage, amidst increased competition. The robust export figures not only reflect enhanced production capabilities but also favorable market conditions for seafood trade in the region.
Ecuador’s shrimp export figures for January demonstrate a robust growth trajectory, with a 35% increase in volume and a 26% rise in value compared to the previous year. The significant demand from China and the United States is a key factor driving this expansion. Such trends suggest a positive outlook for Ecuador’s aquaculture sector as it continues to strengthen its position in the global seafood market.
Original Source: www.undercurrentnews.com
