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    Home > Food News > Food Articles > In 2021, the US shrimp import volume will be nearly 900,000 tons, and China and Ecuador will start free trade negotiations

    In 2021, the US shrimp import volume will be nearly 900,000 tons, and China and Ecuador will start free trade negotiations

    • Last Update: 2022-03-03
    • Source: Internet
    • Author: User
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    According to the statistics of the National Oceanic and Atmospheric Administration (NOAA), in 2021, the production of imported shrimp in the United States was 896,109 tons, an increase of 20% over the previous year, and the import value exceeded US$8 billion, an increase of 24% over the previous year.
    The average price of products last year was $8.
    94/ kg, an increase of 4% over last year
    .
     
    In December, the United States imported 88,245 tons of shrimp products, a year-on-year increase of 33%, and the import value was 850 million US dollars, an increase of 44% year-on-year.
    The average price was as high as $9.
    63/kg, an increase of 8% year-on-year
    .
     
    India remains the largest shrimp supplier to the United States, with a total export volume of 340,387 tons last year, a year-on-year increase of 20%; and an export value of approximately US$3 billion, a year-on-year increase of 24%
    .
    Indian white shrimp accounted for 38% of the U.
    S.
    market share
    .
     
      Ecuador ranked second, exporting 183,886 tons of frozen white shrimp to the United States last year, a year-on-year increase of 46%; in December, it exported 18,960 tons, an increase of 88% year-on-year
    .
    Indonesia receded to third place, exporting 174,583 tonnes last year, up 9%
    .
     
      China's exports continued to shrink.
    Last year, the total volume of shrimp products (including value-added production) exported to the United States was 7,902 tons, a decrease of 27% over the previous year; the export value was US$41.
    5 million, a decrease of 26%
    .
    In December, China exported 347 tons of shrimp products to the United States, a year-on-year decrease of 58%, with a value of $1.
    8 million and an average price of only $5.
    30/kg
    .
     
      During the Beijing Winter Olympics, the President of Ecuador led a delegation to visit China.
    The Ministry of Commerce of China stated that China and Ecuador had officially started negotiations on a free trade agreement
    .
     
      Ecuadorian media reported that all parties in the Ecuadorian shrimp industry quickly responded positively and emphasized that China's import tariff on Ecuadorian white shrimp will be reduced from the current 5% to zero
    .
     
      Jose Anto, President of the Ecuadorian Chamber of Aquaculture (CNA)Nio Camposano said: "The signing of the free trade agreement means that shrimp importers and exporters can save 50 million US dollars in taxes and fees every year
    .
    China is a country with a population of 1.
    4 billion, and the signing of the free trade agreement will be an important opportunity for Ecuador's shrimp production
    .
    "
     
      According to customs statistics, China will import 379,000 tons of Ecuadorian shrimp in 2021, an increase of 19% over the previous year
    .
    62% of China's imported shrimp products come from Ecuador
    .
    U.
    S.
    Managed Imports
     
      In December, the United States imported 88,245 tons of shrimp products, a year-on-year increase of 33%, and the import value was 850 million US dollars, an increase of 44% year-on-year.
    The average price was as high as $9.
    63/kg, an increase of 8% year-on-year
    .
     
      India remains the largest shrimp supplier to the United States, with a total export volume of 340,387 tons last year, a year-on-year increase of 20%; and an export value of approximately US$3 billion, a year-on-year increase of 24%
    .
    Indian white shrimp accounted for 38% of the U.
    S.
    market share
    .
    shrimp
     
      Ecuador ranked second, exporting 183,886 tons of frozen white shrimp to the United States last year, a year-on-year increase of 46%; in December, it exported 18,960 tons, an increase of 88% year-on-year
    .
    Indonesia receded to third place, exporting 174,583 tonnes last year, up 9%
    .
     
      China's exports continued to shrink.
    Last year, the total volume of shrimp products (including value-added production) exported to the United States was 7,902 tons, a decrease of 27% over the previous year; the export value was US$41.
    5 million, a decrease of 26%
    .
    In December, China exported 347 tons of shrimp products to the United States, a year-on-year decrease of 58%, with a value of $1.
    8 million and an average price of only $5.
    30/kg
    .
     
      During the Beijing Winter Olympics, the President of Ecuador led a delegation to visit China.
    The Ministry of Commerce of China stated that China and Ecuador had officially started negotiations on a free trade agreement
    .
     
      Ecuadorian media reported that all parties in the Ecuadorian shrimp industry quickly responded positively and emphasized that China's import tariff on Ecuadorian white shrimp will be reduced from the current 5% to zero
    .
     
      Jose Anto, President of the Ecuadorian Chamber of Aquaculture (CNA)Nio Camposano said: "The signing of the free trade agreement means that shrimp importers and exporters can save 50 million US dollars in taxes and fees every year
    .
    China is a country with a population of 1.
    4 billion, and the signing of the free trade agreement will be an important opportunity for Ecuador's shrimp production
    .
    "
     
      According to customs statistics, China will import 379,000 tons of Ecuadorian shrimp in 2021, an increase of 19% over the previous year
    .
    62% of China's imported shrimp products come from Ecuador
    .
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