Ecuador’s shrimp exports surged by 35% in January, reaching 102,145 metric tons, with a 26% increase in export value. This growth is largely attributed to heightened demand from China and the United States, highlighting the strategic significance of these markets for Ecuador’s aquaculture sector.
Ecuador’s shrimp exports have experienced a substantial growth of 35% year-on-year in January, amounting to 102,145 metric tons. This data was released by the National Chamber of Aquaculture (CNA) in Ecuador. Additionally, the financial value of these exports increased by 26%, reflecting a continuing upward trend in the shrimp market driven primarily by demand from China and the United States.
This impressive boost in export volume underscores Ecuador’s strategic position in the global shrimp market. The vannamei shrimp, a key product from Ecuador, has benefited from heightened demand, especially in influential markets. Analysts suggest that such growth trends may persist if current market dynamics continue to favor Ecuadorian products.
The strong performance in January serves as a promising indicator for the country’s aquaculture sector, suggesting positive outcomes for future months. It also highlights the importance of international trade relationships, particularly with major importers such as China and the United States, which play a crucial role in the growth of Ecuador’s shrimp industry.
In conclusion, Ecuador’s shrimp industry has achieved remarkable growth in January, marked by a 35% increase in export volume and a 26% rise in value. The demand from key markets like China and the United States has significantly contributed to this success. This trend may indicate a resilient and flourishing future for Ecuadorian shrimp exports.
Original Source: www.undercurrentnews.com
