According to the latest data from the Ecuadorian Aquaculture Chamber (CNA), Ecuador exported 107,419 tons of frozen vannamei shrimp in May 2023, a year-on-year increase of 13%, and set a record for the highest export volume in a single month.

From January to May this year, Ecuador has exported a total of 496,739 tons of shrimp products, a substantial increase of 19% year-on-year.

In May, the export value of Ecuadorian white shrimp was US$574 million, a year-on-year decrease of 6%. From January to May, the cumulative export volume was about 2.71 billion US dollars, which was basically the same as last year.

In May, Ecuador exported 68,450 tons to China, a sharp increase of 40% year-on-year. Exports to the US market were 15,463 tons, a year-on-year decrease of 15%; exports to the European market were 4,293 tons, a year-on-year decrease of 35%.

In terms of export unit price, the average export price (export value divided by export volume) of Ecuadorian white shrimp in May was $5.34/kg, a year-on-year decrease of 17%. The average export price of Ecuador to the Chinese market was only $5.11/kg, down 18% year-on-year; the average export price to the US market was $6.17/kg, down 14% year-on-year.