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Ecuadorian and Vietnamese shrimp producers still value the Chinese market

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China imported 429,000 tons of shrimp products in the first seven months of this year, up 37.5 percent year on year and 35.8 percent more than the same period in 2019.

 

Ecuador and Vietnam are the main suppliers to the Chinese shrimp market. In July, Ecuador's warm-water shrimp shipment to China reached 60,000 tons, 1.6 times that of the same period last year, and the cumulative supply in the first seven months of this year was 283,000 tons, up 43.7 percent year-on-year.

 

In July, Ecuadorian white shrimp shipments to China reached 55,000 tons, accounting for 53 percent of the total, up 71.9 percent year on year and several times that of the same period in 2020, with a cumulative supply of 324,000 tons in the first seven months of this year.

 

The Vietnam Association of Seafood Exporters and Producers (VASEP) said Vietnamese shrimp were bullish on China's upcoming double holidays, the Mid-Autumn Festival and National Day, and that despite a 17 percent drop in exports to China to $38m, there was growing demand for imported shrimp from Chinese consumers.

 



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