The sector reaches nearly USD 9 billion annually and becomes the backbone of the non-oil
economy
Ecuador has achieved a historic milestone: it is now the world’s leading shrimp exporter.
International trade data show annual sales nearing USD 9 billion, far surpassing India,
Vietnam, and Indonesia, which have lost momentum in recent years.
This leadership is the result of sustained growth. Since 2018, the Ecuadorian aquaculture
industry has accelerated through technological upgrades in ponds, automation, improved
sanitary standards, and smart diversification across markets such as the United States,
China, and Europe. By 2023, shrimp had already become the country’s main non-oil export,
surpassing bananas, and its contribution to the economy has only increased.
Ecuador’s international reputation rests on key factors: traceability, sanitary compliance,
and strong environmental standards. This credibility has enabled the sector to maintain
contracts even during periods of low international prices, strengthening the country’s image
as a reliable supplier.
Domestically, the impact is significant. The sector generates hundreds of thousands of
jobs and supports the non-oil trade surplus while driving activities such as feed production,
refrigerated transport, port logistics, and specialized services. Provinces like Guayas, El
Oro, and Manabí have become strategic aquaculture hubs.
Looking ahead, the challenge is to maintain this lead: achieving more environmental
certifications, increasing value-added products (such as cooked or ready-to-eat shrimp), and
continuing to improve production efficiency. If Ecuador sustains this trajectory, its leadership
will not only endure but will also position the country as a regional benchmark in aquaculture
innovation.