Latin America

Global Shrimp Industry Forecasted to Face Persistent Challenges in 2024

Phu Hung Securities Company (PHS), based in Vietnam, forecasts a continued struggle for the global shrimp industry in 2024, grappling with persistent challenges stemming from oversupply. Shrimp...

Argentine Shrimp Exports to Italy Face Decline in 2023

In 2023, the trade exchange between Argentina and Italy amounted to USD 2.614 billion, indicating a 4.7% decrease from the previous year. Despite this decline, the bilateral...

Illegal Entry of Ecuadorian Shrimp Imperils Mexican Market

Efforts by the federal government to restrict the importation of farmed shrimp into Mexican territory have hit a roadblock due to the continued illegal introduction of Ecuadorian...

Mexican Seafood Market Faces Shrimp Shortage Concerns

Merchants at the fish and seafood market in Tampico, Mexico, are expressing growing concern over the scarcity of certain species, just ahead of the Lent and Easter...

Peru Strengthens Shrimp Ban Enforcement

In a concerted effort to uphold the shrimp ban enforced until March 31 in Peru, the Regional Production Management, provincial sub-prefectures of Castilla and Camaná, along with...

Honduras Threatens WTO Action Over Shrimp Export Restrictions

The head of Honduras' Ministry of Economic Development (SDE), Fredis Cerrato, issued a stern warning regarding the ongoing restrictions on shrimp exports to the state of Sinaloa...

Venezuela Imports US Shrimp Worth Record-Breaking USD 3.1 Million

Venezuela, known for its extensive coastline and seafood exports, made an unprecedented purchase of USD 3.1 million worth of shrimp from the United States in 2023. Shift in...

São Sebastião Collaborates with Artisanal Shrimp Fishermen for Sustainable Practices

São Sebastião in Brazil, through the Department of Fisheries, Agriculture, and Supply of the Secretariat of the Environment (SEMAM), engaged in a dialogue with artisanal shrimp trawlers...

Record-Breaking December Boosts Ecuador’s Shrimp Industry

Ecuador achieved remarkable milestones in its shrimp export sector during December, marking one of the most successful periods in its history. Despite facing challenges, particularly in the...

Honduran Shrimp Farmers Forced to Sell Amidst Ban

The recent federal court blockade in Mexico on Central American shrimp, including from Honduras, has dealt a significant blow to the national aquaculture sector. Since the enforcement...

Mexican Shrimp Prices on the Rise After Border Closure

The import of shrimp into Mexico has come to a standstill for the past two weeks. Since this closure at the southern border in Chiapas, there has...

Zulia Emerges as Shrimp Production Leader in Venezuela

Located in the western region of Venezuela, the state of Zulia has emerged as a frontrunner in the nation's burgeoning shrimp industry. With a remarkable network of...

Shrimp Trade Between Ecuador and Taiwan Soars in Recent Years

Taiwan is keen on exploring shrimp trade opportunities with Ecuador, according to Augusto H.T. Liao, the government representative of the Taipei-Taiwan Trade Office. Over the past few...

Panama Shrimp Ban Extended to April 11 to Safeguard Population

Panama's shrimp ban, which initially commenced on February 1, has been extended until April 11, with the aim of preserving the shrimp population and ensuring its sustainable...

Honduras Secures Tariff-Free Shrimp Exports to China

The Honduran Minister of Economic Development, Fredis Cerrato, has announced that Honduras has successfully reached a partial agreement with China that exempts them from paying tariffs on...

Mitsui Bolsters Presence in Shrimp Industry with IPSP Investment

The renowned Japanese conglomerate, Mitsui & Co., Ltd., is set to make a significant investment in the Industrial Pesquera Santa Priscila (IPSP), a shrimp giant headquartered in...

Honduran Shrimp Cargo Held at Mexican Border Amid Market Closure

The Minister of Economic Development of Honduras, Fredis Cerrato, has announced that 26 containers filled with Honduran shrimp are currently detained at the Mexican border. This unprecedented...

Ecuador Shatters Records with 1.3 Million Tons of Shrimp Exports in 2023

Ecuador reached new heights in its shrimp export industry, breaking records with a staggering volume of 2.677 billion pounds in 2023, equivalent to over 1.3 million tons....

Early Ban on Blue Shrimp Fishing Amidst Angostura’s Industry Turmoil

In recent years, the fishing sector in Angostura, Mexico, has been embroiled in a severe crisis that has gripped producers and stakeholders alike. A clear indication of...

Peruvian Authorities Seize Over 170 Kilos of Shrimp in Surprise Operation

In a recent series of operations carried out by the National Police of Peru, in collaboration with the Regional Production Management, authorities have confiscated over 170 kilograms...

Trending Articles