2012 Shrimp Exports Show Strange Dynamic

In the first quarter of 2012 Ecuadorian shrimp exports fell 18% to Europe compared to the same period a year ago while they grew by 36% to the US in the same period.

Many attribute this dynamic to the harsh crisis effecting Europe at the present time.

But over the last 9 months the price of the product has fallen from $3 to $2.25 according to the Chamber of Acuacultura.

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