🇪🇨 🦐 Shrimp has become Ecuador's economic lifeline, surpassing even bananas in export value.

    Whether in the form of mariscos, scampi, gambas, or camarones and camarões, shrimp is one of the most popular delicacies worldwide. It’s become an integral part of the seafood preferences in cuisines as diverse as Cantonese or Mediterranean.

    In Latin America in particular, shrimp has formed part of delicious dishes such as Peruvian ceviche or Mexican gambas al ajillo. Yet neither Mexico nor Peru is the shrimp capital of the world. For that, you need to look to a much smaller country.

    There are fewer than 19M people living in Ecuador, compared to over 1.4B in India. And yet, since the early 2020s Ecuador has surpassed the world’s most populous country to claim the crown as top shrimp exporter.

    In fact, shrimp has become one of Ecuador’s economic lifelines. In 2023, the small Andean republic exported $7B worth of crustaceans, ahead of bananas at $4.77B and second only to the $12B it exported in crude petroleum.

    story continues… 💌

    Source: Trade Map – List of exporters for the selected product (Crustaceans, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine, …)

    Tools: Figma, Rawgraphs

    by latinometrics

    1 Comment

    Leave A Reply