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Ecuador bullish over Chinese shrimp market rebound

13 February 2020, at 8:14am

The lucrative Chinese shrimp market is set to show signs of recovery soon, according to Ecuadorian officials, now that the national holiday has drawn to a close.

In 2019, Ecuador exported 418,212 tonnes of shrimp to China, worth US $2 billion, according to the National Aquaculture Chamber.

In a statement released today, Ecuador’s executive president of the National Chamber of Aquaculture, who represents the country’s burgeoning shrimp sector, said shrimp farmers can be optimistic following the announcement by Chinese authorities regarding the official end of the national holiday – one which was extended by the coronavirus pandemic.

© Ecuador exports 67 percent of its shrimp to China

Ecuador exports 67 percent of its farmed shrimp to China and José Antonio Camposano said: “What happened in China will undoubtedly generate more attention from consumers concerning the conditions of the food they buy. Regarding the Ecuadorian shrimp, Chinese consumers can have the certainty that they are buying, not only the best shrimp in the world, but the safest, the healthiest, the only one with reliable traceability and the most natural one”.

Camposano also reminded shrimp buyers that Ecuador helped lead the way for ASC-certified shrimp farming and has added a considerable number of additional certifications since, making it an excellent source of the crustaceans.

He noted that: “Ecuador not only complies with the most demanding standards and certifications in terms of health, safety, conservation and social responsibility, but also has the only shrimp certified as free of antibiotics through the Sustainable Shrimp Partnership initiative, which has the endorsement of the Aquaculture Stewardship Council (ASC), the World Wildlife Fund (WWF), and the Sustainable Trade Initiative (HDI).”

“We are focusing all our efforts to guarantee Chinese consumers 100 percent of the traceability of our product, taking care of every detail in the production chain so that they can resume consumption levels ensuring that the Ecuadorian shrimp is one of the healthiest proteins available in the market.”