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Ecuadorian shrimp producers shift their export targets to Japan and South Korea to avoid over-dependence on the Chinese market

 Last Update: 2021-03-19
 Source: Internet
 Author: User

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From Intrafish on March 5, Ecuadorian shrimp producers are paying attention to the Korean and foodmate.
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Yahira Piedrahita, executive director of the Ecuadorian Aquaculture Association (CNA), said at the fish and shrimp forum held by Intrafish that South Korea is a very good choice for the Ecuadorian shrimp industry, as is Japan and other important consumer markets.

She also highlighted the substantial increase in foodmate.
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Yahira Piedrahita pointed out that China is definitely the largest market for Ecuadorian shrimp, but since the COVID-19 virus was found on the outer packaging of Ecuadorian shrimp, containers will undergo more stringent inspections through the port, unloading time will be delayed, and stocks will remain high.
As a result, exports to China have fallen sharply in recent months.

The recent sharp drop in exports to China has forced Ecuadorian shrimp producers to find new markets in case this situation continues.

　　Gorjan Nikolik, senior seafood analyst at Rabobank, praised Ecuador for its flexible response to the decline in Chinese exports.

　　In 2020, Ecuador exported 22.
5 million pounds of shrimp to South Korea, an increase of 6% over the past 12 months, and exports to Japan increased by 143% to 5.
7 million pounds.

　　Although Ecuador’s orders from China have declined in the past two months, Ecuador does not seem to give up this largest customer.
Yahira Piedrahita said that China is still Ecuador’s most important export market.

　　In January this year, Ecuador’s shrimp exports to China were 28.
1 million pounds, a decrease of 60% from the same period last year.

foodmate.
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　　She also highlighted the substantial increase in foodmate.
net/tag_227.
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foodmate.
net/tag_227.
html" class="zdbq" title="Export-related food information" target="_blank">Exit

　　The recent sharp drop in exports to China has forced Ecuadorian shrimp producers to find new markets in case this situation continues.

　　Gorjan Nikolik, senior seafood analyst at Rabobank, praised Ecuador for its flexible response to the decline in Chinese exports.

　　In 2020, Ecuador exported 22.
5 million pounds of shrimp to South Korea, an increase of 6% over the past 12 months, and exports to Japan increased by 143% to 5.
7 million pounds.

　　In January this year, Ecuador’s shrimp exports to China were 28.
1 million pounds, a decrease of 60% from the same period last year.

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