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Ecuador’s Shrimp Exports Surge by 35% in January Driven by China and US Demand

Ecuador’s shrimp exports saw a 35% increase in volume and a 26% rise in value in January, totaling 102,145 metric tons, driven largely by demand from China and the US, per CNA data.

Ecuador’s shrimp exports experienced significant growth in January, showing a 35% increase in volume and a 26% rise in value, as reported by the National Chamber of Aquaculture (CNA). This surge led to a total export of 102,145 metric tons. The growth is primarily attributed to rising demand from key markets, particularly China and the United States, driving Ecuador’s shrimp sales to new heights in the early part of the year.

In summary, Ecuador’s shrimp industry has seen promising growth with January exports increasing significantly in both volume and value. The demand from China and the United States continues to bolster this thriving sector, highlighting its importance in global seafood markets.

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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