Honduras is set to export its first two containers of shrimp to China, marking a milestone in the country’s efforts to strengthen its shrimp sector and expand its international market.

According to Luis Ortega, a member of the Liberty and Refoundation Party (Libre), the initiative is part of a broader strategy to boost the Honduran shrimp industry and create new economic opportunities. The first two containers, valued at 46,000 kilograms, will depart for China on July 18, with an additional 250 containers expected to follow later this month.

A Promising Partnership

The export deal is seen as a key step in Honduras’ efforts to recover from losses caused by Mexico’s sanctions. Ortega emphasized that the shipment will have a positive impact on the local economy and the fishing sector, which is expected to see at least 20,000 jobs recovered in southern Honduras.

The deal is also expected to be a major boost for the Honduran company Camarones del Sur, which will be supplying the shrimp. The company has been working closely with Chinese companies Chinatex and China Ctexic Corporation to secure agreements for the sale of shrimp.

Early Harvest Agreement

To make this export deal a reality, the Honduran and Chinese governments must first approve the Early Harvest agreement. The bill is currently pending in the Secretariat of the National Congress. Once approved, it is expected to boost shrimp exports to China and pave the way for further trade agreements between the two countries.

The Chinese market is seen as a prime target for Honduran shrimp exports, with forecasted exports reaching 5,750,000 pounds (250 containers) in 2024. This represents a significant increase from previous years and highlights the growing demand for high-quality shrimp in the region.