According to UCN statistics, this year Ecuador may replace India as the world's largest shrimp exporter.

In the first three quarters of this year, India exported 413,000 tons of frozen shrimp products, a year-on-year decrease of 13%; during the same period, Ecuador exported 499,000 tons of white shrimp, a year-on-year increase of 6%.

In terms of export value, India is still higher than Ecuador. In the first 10 months, India’s shrimp exports were US$3.5 billion per month, down 11% year-on-year; Ecuador’s exports were US$3.02 billion, almost the same as last year.

From 2010 to 2013, acute hepatopancreas necrosis (AHPND) broke out in China and Southeast Asian shrimp farming countries, and the production dropped sharply. The Indian shrimp farming industry ushered in a period of rapid development. A large number of farmers switched from Penaeus monodon to vannamei shrimp. It has become the world's largest shrimp exporter.

However, this year's new crown epidemic has severely affected the entire shrimp industry chain in India, and Ecuador's production has increased steadily.

In terms of market, from January to September, India exported 182,000 tons of white shrimp to the United States, down 11% year-on-year; exported 76,000 tons to China, down 29% year-on-year; exported 46,000 tons to the EU, down 8% year-on-year. Japan is the only incremental market with an export volume of 31,000 tons, an increase of 8%.

On the other hand, Ecuador, after the Chinese market was blocked, Ecuadorian exporters actively explored sales in Europe and the United States. In the second half of the year, the export volume in all major markets increased, at the expense of continued price declines.

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