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Ecuador’s Shrimp Exports Experience Significant Growth in January

Ecuador’s shrimp exports surged in January, with a 35% increase in volume (102,145 metric tons) and a 26% rise in value, driven by strong demand from China and the United States, according to the CNA.

Ecuador’s shrimp exports experienced significant growth in January, with a remarkable 35% increase in volume compared to the same month last year. The total export volume reached 102,145 metric tons, according to the latest data from the National Chamber of Aquaculture (CNA). Additionally, the export value saw a notable rise of 26%, driven predominantly by demand from key markets, particularly China and the United States.

The increase in shrimp exports illustrates Ecuador’s robust aquaculture sector, which is benefiting from rising global demand. The frozen head-on vannamei shrimp remains a primary product, with its popularity contributing to the strong growth figures reported by the CNA. This upward trend not only reflects well on the country’s shrimp industry but also highlights the efficiency of Ecuador’s aquaculture practices amidst shifting market dynamics.

In summary, Ecuador’s shrimp industry achieved remarkable growth in January 2023, with a 35% boost in exported volume and a 26% increase in value. This performance is largely attributed to rising demands from China and the US, indicating a strong market position for Ecuadorian shrimp on the global stage. The trends show continuing potential for growth in the aquaculture sector moving forward.

Original Source: www.undercurrentnews.com

Marcus Thompson

Marcus Thompson is an influential reporter with nearly 14 years of experience covering economic trends and business stories. Originally starting his career in financial analysis, Marcus transitioned into journalism where he has made a name for himself through insightful and well-researched articles. His work often explores the broader implications of business developments on society, making him a valuable contributor to any news publication.

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