Commodity Origins

Seafood

Where does shrimp come from?

Producers, exporters and prices

The biggest exporter of crustaceans (HS 0306) is Ecuador (20% of world export value in 2024, CEPII BACI). The benchmark price, Mexico, US import price, No. 1 shell-on, was $8.6/kg in October 2023, down 25% from a year earlier (World Bank Pink Sheet). Most shrimp is now farmed rather than caught, and it is farmed where warm shallow coastal land sits beside brackish water and cheap labor, which is why Ecuador's estuaries and the deltas of Andhra Pradesh and the Mekong supply the trade while the old wild fisheries of the Gulf of Mexico and Southeast Asia have become marginal to it.

Farmed and wild-caught crustaceans, frozen at source and shipped as headless shell-on or peeled product. Capture and aquaculture output by country comes from FAO Fisheries statistics, which this site does not yet carry; the origin picture here is built from export data.

Key facts

Top exporter, crustaceans (HS 0306), 2024
Ecuador, 20% of export value
Benchmark price, October 2023
$8.6/kg
Mexico, US import price, No. 1 shell-on; -25% over 12 months
HS code
0306 Crustaceans, including shrimps and prawns
Also called
prawns, shrimps, vannamei, black tiger prawn, farmed shrimp

Where does shrimp come from?

Production by country is not yet available for shrimp. See data status.

This page has no production-by-country table. Capture and aquaculture output are reported through FAO fisheries statistics, which this site does not yet carry, so the origin picture below is built from the export data. That means the country figures show who ships shrimp across a border, not who farms or catches it, and they overstate countries that buy raw shrimp to process and re-export.

Two farmed species dominate the trade. Litopenaeus vannamei, the Pacific white shrimp, is native to the eastern Pacific from Mexico to Peru, and it took over world production because it can be bred in captivity into specific-pathogen-free lines, tolerates dense stocking and low salinity, and reaches market size in three to four months. Penaeus monodon, the black tiger of the Indo-Pacific, grows larger and sells at a premium but is harder to domesticate and more vulnerable to disease, and it has retreated to a specialty position. Behind them sits a wild trade that is smaller but not trivial: cold-water Pandalus shrimp from Canada, Greenland and Norway, Argentine red shrimp from the South Atlantic, brown and white shrimp trawled in the Gulf of Mexico, and mixed tropical species from the Indian Ocean.

In 2024 Ecuador led exports of frozen shrimps and prawns with 33% of the $18.8 billion traded, ahead of India on 23%, Vietnam on 8.6%, Argentina on 6.3% and Indonesia on 5.6% (CEPII BACI). The wider heading this page uses, HS 0306, covers all crustaceans including lobster, crab and krill, so it gives a different and misleading ranking for shrimp: exports of crustaceans (HS 0306) were worth $31.8 billion in 2024 with Ecuador on 20% and India on 14%, but Canada on 9.8% and Russia on 6.6% rank there on cold-water crab and lobster rather than on shrimp.

The two leaders got there by different routes. Ecuador farms in large, low-density ponds carved out of the coastal plain and mangrove margins of Guayas and El Oro, exchanging water with the estuaries on the tide, with cheap electricity, farms measured in hundreds of hectares and a hatchery sector next door in the species' native range; the result is the lowest cost per kilogram of any origin, and most of it ships head-on and shell-on to China. India converted to vannamei after approving the species for commercial farming in 2009 and built its industry on smallholder ponds in Andhra Pradesh, West Bengal and Gujarat, feeding processing plants that make peeled and value-added product for the United States. Vietnam farms in the Mekong delta and, like China, also buys raw shrimp from other countries to process, so its export figures contain other producers' harvest.

Who exports and imports shrimp?

Ecuador and India farm and export whole shrimp; Vietnam and China also process imported raw material for re-export, so their export figures include other countries' shrimp.

Exporters of crustaceans, including shrimps and prawns (HS 0306), 2024 world exports $31.8 billion; 170 countries
Top 15 exporters of shrimp (HS 0306) in 2024, by value, with volume
RankCountryValue (US$)Share of worldVolume (t)
1Ecuador$6.3 billion20%1.2 million t
2India$4.5 billion14%677,704 t
3Canada$3.1 billion9.8%202,414 t
4Vietnam$2.2 billion6.8%253,351 t
5Russia$2.1 billion6.6%88,315 t
6Indonesia$1.3 billion4.2%165,025 t
7Argentina$1.2 billion3.9%162,538 t
8United States$964.5 million3%53,574 t
9China$941.6 million3%123,981 t
10Thailand$752.3 million2.4%84,774 t
11Netherlands$521.5 million1.6%57,021 t
12Greenland$508.4 million1.6%95,661 t
13Spain$467.3 million1.5%46,609 t
14Denmark$456.6 million1.4%55,944 t
15Australia$361 million1.1%11,656 t
Same table ranked by volume
Top 15 exporters of shrimp (HS 0306) in 2024, by volume
RankCountryVolume (t)Share of world volumeValue (US$)
1Ecuador1.2 million t30%$6.3 billion
2India677,704 t17%$4.5 billion
3Vietnam253,351 t6.4%$2.2 billion
4Canada202,414 t5.1%$3.1 billion
5Indonesia165,025 t4.2%$1.3 billion
6Argentina162,538 t4.1%$1.2 billion
7China123,981 t3.2%$941.6 million
8Greenland95,661 t2.4%$508.4 million
9Russia88,315 t2.2%$2.1 billion
10Thailand84,774 t2.2%$752.3 million
11Netherlands57,021 t1.4%$521.5 million
12Denmark55,944 t1.4%$456.6 million
13United States53,574 t1.4%$964.5 million
14Venezuela50,037 t1.3%$260.2 million
15Spain46,609 t1.2%$467.3 million
Exporters of frozen shrimps and prawns, other (HS 030617), 2024 world exports $18.8 billion; 143 countries
Top 15 exporters of shrimp (HS 030617) in 2024, by value, with volume
RankCountryValue (US$)Share of worldVolume (t)
1Ecuador$6.1 billion33%1.1 million t
2India$4.4 billion23%660,582 t
3Vietnam$1.6 billion8.6%195,167 t
4Argentina$1.2 billion6.3%159,980 t
5Indonesia$1.1 billion5.6%133,348 t
6Thailand$563.3 million3%59,861 t
7China$558.4 million3%78,668 t
8Spain$273.8 million1.5%31,211 t
9Venezuela$255 million1.4%49,357 t
10Honduras$229.6 million1.2%29,564 t
11Netherlands$209.1 million1.1%25,142 t
12Bangladesh$208.5 million1.1%21,048 t
13Peru$176.9 million0.9%25,418 t
14Malaysia$155 million0.8%19,922 t
15Mexico$152.2 million0.8%13,041 t
Same table ranked by volume
Top 15 exporters of shrimp (HS 030617) in 2024, by volume
RankCountryVolume (t)Share of world volumeValue (US$)
1Ecuador1.1 million t40%$6.1 billion
2India660,582 t23%$4.4 billion
3Vietnam195,167 t6.8%$1.6 billion
4Argentina159,980 t5.6%$1.2 billion
5Indonesia133,348 t4.6%$1.1 billion
6China78,668 t2.7%$558.4 million
7Thailand59,861 t2.1%$563.3 million
8Venezuela49,357 t1.7%$255 million
9Saudi Arabia32,212 t1.1%$144.1 million
10Spain31,211 t1.1%$273.8 million
11Honduras29,564 t1%$229.6 million
12Peru25,418 t0.9%$176.9 million
13Netherlands25,142 t0.9%$209.1 million
14Bangladesh21,048 t0.7%$208.5 million
15Malaysia19,922 t0.7%$155 million
Importers of crustaceans, including shrimps and prawns (HS 0306), 2024 world imports $31.8 billion; 213 countries
Top 15 importers of shrimp (HS 0306) in 2024, by value, with volume
RankCountryValue (US$)Share of worldVolume (t)
1China$8.7 billion27%1.2 million t
2United States$7.2 billion23%727,744 t
3Japan$1.8 billion5.8%187,506 t
4Spain$1.5 billion4.6%201,916 t
5France$1.1 billion3.6%134,407 t
6South Korea$1.1 billion3.5%128,364 t
7Italy$887.9 million2.8%105,726 t
8Canada$777.5 million2.4%76,079 t
9Hong Kong$724.3 million2.3%51,096 t
10Netherlands$593 million1.9%72,946 t
11Other Asia, nes$540.8 million1.7%61,154 t
12Vietnam$534.2 million1.7%69,596 t
13Belgium$489.3 million1.5%53,137 t
14United Kingdom$476.6 million1.5%52,179 t
15Germany$448.9 million1.4%47,068 t
Same table ranked by volume
Top 15 importers of shrimp (HS 0306) in 2024, by volume
RankCountryVolume (t)Share of world volumeValue (US$)
1China1.2 million t30%$8.7 billion
2United States727,744 t19%$7.2 billion
3Spain201,916 t5.1%$1.5 billion
4Japan187,506 t4.8%$1.8 billion
5France134,407 t3.4%$1.1 billion
6South Korea128,364 t3.3%$1.1 billion
7Italy105,726 t2.7%$887.9 million
8Canada76,079 t1.9%$777.5 million
9Netherlands72,946 t1.9%$593 million
10Vietnam69,596 t1.8%$534.2 million
11Denmark69,167 t1.8%$362.1 million
12Russia62,080 t1.6%$370.6 million
13Other Asia, nes61,154 t1.6%$540.8 million
14Belgium53,137 t1.4%$489.3 million
15United Kingdom52,179 t1.3%$476.6 million
Importers of frozen shrimps and prawns, other (HS 030617), 2024 world imports $18.8 billion; 211 countries
Top 15 importers of shrimp (HS 030617) in 2024, by value, with volume
RankCountryValue (US$)Share of worldVolume (t)
1United States$4.8 billion25%593,855 t
2China$4.4 billion23%880,607 t
3Japan$1.2 billion6.4%145,623 t
4Spain$1.1 billion6%175,960 t
5France$681.9 million3.6%102,624 t
6Italy$563.7 million3%84,948 t
7South Korea$476.7 million2.5%64,523 t
8Netherlands$412.2 million2.2%54,922 t
9United Kingdom$403.7 million2.1%45,563 t
10Canada$362.4 million1.9%42,343 t
11Other Asia, nes$360.3 million1.9%48,688 t
12Russia$350 million1.9%58,760 t
13Belgium$332.4 million1.8%44,206 t
14Germany$329.8 million1.8%37,362 t
15Vietnam$307.4 million1.6%54,106 t
Same table ranked by volume
Top 15 importers of shrimp (HS 030617) in 2024, by volume
RankCountryVolume (t)Share of world volumeValue (US$)
1China880,607 t31%$4.4 billion
2United States593,855 t21%$4.8 billion
3Spain175,960 t6.1%$1.1 billion
4Japan145,623 t5.1%$1.2 billion
5France102,624 t3.6%$681.9 million
6Italy84,948 t3%$563.7 million
7South Korea64,523 t2.2%$476.7 million
8Russia58,760 t2%$350 million
9Netherlands54,922 t1.9%$412.2 million
10Vietnam54,106 t1.9%$307.4 million
11Other Asia, nes48,688 t1.7%$360.3 million
12United Kingdom45,563 t1.6%$403.7 million
13Belgium44,206 t1.5%$332.4 million
14Canada42,343 t1.5%$362.4 million
15Germany37,362 t1.3%$329.8 million

Source: CEPII BACI, BACI HS22 V202601, fetched 6 September 2026 (Etalab Open Licence 2.0). Values are each country's exports to (or imports from) all partners; shares are of the world total for that HS line.

For bilateral flows (who sells to whom) see the Observatory of Economic Complexity.

Two markets take most of the shrimp that crosses a border, and they want different things. China imported 27% of world crustacean imports by value in 2024 and United States 23%, followed by Japan on 5.8%, Spain on 4.6% and France on 3.6% (CEPII BACI). On frozen shrimp specifically, United States was the largest buyer with 25% and China took 23% of $18.8 billion. China buys large volumes of whole, head-on shrimp for its own consumption and for reprocessing; the United States buys headless, peeled and value-added product for retail and foodservice, which is why Indian and Vietnamese plants that can peel and cook at scale supply it while Ecuadorian volume flows the other way across the Pacific.

Processing and re-export blur the map further. Vietnam and China both import raw shrimp, peel, cook, bread or skewer it and ship it on, so their export lines include material farmed elsewhere, and the same tonne can appear twice in world trade statistics. Thailand, once the largest exporter, retains a processing industry considerably larger than its farming sector after disease cut its output in the 2010s. Trade remedies shape the flows as much as cost does: the United States has maintained antidumping duties on frozen warmwater shrimp from several countries since the mid-2000s and added countervailing duty orders in the 2020s, and each rate change alters which origin is cheapest at a US port without changing what any farm produces.

What does shrimp cost?

Shrimp monthly prices, $/kg, Jan 1960 to Oct 2023Line chart of shrimp monthly prices in $/kg from Jan 1960 to Oct 2023: Mexico, US import price, No. 1 shell-on from 1.43 to 8.6, peaking at 19.25.051015201960196519701975198019851990199520002005201020152020$/kg
Mexico, US import price, No. 1 shell-on
Derived price statistics per series
SeriesLatest1 month12 months5 years10 years20 yearsAll-time high (nominal)All-time high (real, 2024 US$)
Mexico, US import price, No. 1 shell-on
$/kg, since 1960
8.6
October 2023
-1%-25%-25%-48%-16%19.25
August 2014
54.82
January 1979

Percentage changes compare the latest monthly average with the monthly average 1, 12, 60, 120 and 240 months earlier. Real prices deflate by the US consumer price index (BLS via FRED) to 2024 dollars.

Source: World Bank Pink Sheet, 2026-09-02, fetched 6 September 2026 (CC BY 4.0).

Prices are monthly benchmark averages that may lag the market. They are for information only, not investment, legal or trade advice. Full monthly table: Shrimp price history.

How it is priced

Shrimp has no futures contract and no single benchmark. It is priced per pound or per kilogram against a specification with four parts: species, origin, form and count. Count is the key term, the number of shrimp per pound, quoted as a range such as 16/20, 21/25, 31/35 or 41/50, and larger shrimp carry a substantial premium per kilogram, so a farm's decision about when to harvest is a decision about which price it will receive. Form runs from head-on shell-on through headless shell-on to peeled and deveined, cooked, tail-on and breaded, each adding processing cost and yield loss. The reference quotes traders use are US import price assessments by count and form, weekly Ecuadorian farm-gate and FOB Guayaquil prices, and Indian farm-gate prices in the main growing districts.

The series carried here is Mexico, US import price, No. 1 shell-on, and it needs reading with care: it is a wild-caught Mexican shrimp import price, not a farmed vannamei price, and its most recent observation is October 2023, at $8.6/kg, down 25% from a year earlier (World Bank Pink Sheet). The series high was $19.25/kg in August 2014 and its inflation-adjusted peak was far higher and much earlier, $54.82/kg in January 1979. The low since the series began in 1960 was $1.43/kg in January 1960, and over ten years the series was -48%.

Three ambiguities follow from all this. A quoted shrimp price is meaningless without its count and form, and headline comparisons across sources frequently mix them. Farmed and wild shrimp are different markets with different cost structures and different price cycles, and a wild-caught benchmark will not track a farmed one. And the trade data on this page sits under a heading that includes crab and lobster, so the crustacean table and the frozen shrimp table give different country rankings for good reasons rather than as an error.

What moves the price of shrimp?

Disease in the ponds

Shrimp have no adaptive immune system, so there are no vaccines and control depends on excluding pathogens and managing water. White spot syndrome virus, which spread through Asia from the early 1990s and reached the Americas at the end of that decade, and acute hepatopancreatic necrosis disease, the bacterial cause of early mortality syndrome that emerged in China and swept through Southeast Asia, have each removed a large share of a producing country's output within two seasons. Enterocytozoon hepatopenaei, a microsporidian that stunts growth without killing, does the same damage more quietly.

Ecuador's cost structure

Large low-density ponds with tidal water exchange, cheap electricity for aeration, farms of a scale that supports mechanization, and hatcheries in the species' native range give Ecuador a cost per kilogram that other origins cannot match. When it expands, it expands into the cheapest end of the market and sets the floor everyone else must clear. That is why an Ecuadorian production increase depresses prices worldwide even in segments Ecuador does not itself supply, and why other origins compete on processing rather than on raw cost.

United States trade remedies

Antidumping duties on frozen warmwater shrimp from several exporting countries have been in place since the mid-2000s, and countervailing duty orders were added in the 2020s. The rates are recalculated in periodic administrative reviews, company by company, and a change of a few percentage points shifts which origin lands cheapest at a US port. Because the United States is one of the two largest buyers, these decisions redirect trade flows on announcement, independently of farm costs or harvests.

Feed cost

Feed is the largest single cost in a grow-out pond, and shrimp feed is built on fishmeal, soybean meal, wheat flour and fish oil. When fishmeal rises on a poor Peruvian season, or soybean meal on a South American drought, the farm-gate price a producer needs in order to stock the next cycle rises with it. Because the biological cycle is three to four months, the cost shock and the harvest it affects are separated by a season, so feed prices predict farm-gate prices better than they explain them.

The stocking cycle and its lag

A farmer decides whether to stock a pond based on the price at the time of stocking and receives the price three to four months later. When prices fall, ponds go unstocked, and the shortfall arrives a season later, by which time prices have often recovered and everyone stocks at once. That lag produces a characteristic cycle of oversupply and shortage that has nothing to do with weather or disease, and it is amplified in Ecuador where farms are large enough to change stocking decisions quickly.

US foodservice demand and cold storage

Shrimp is the largest seafood category in American consumption, sold heavily through restaurants and through retail promotions built around a target price point. Importers and distributors carry months of frozen inventory, so demand reaches the exporting country through the cold store rather than directly: a heavy inventory position means no buying regardless of a good harvest, and a drawdown means aggressive buying regardless of a poor one. Cold storage holdings are therefore watched as closely as production.

Antibiotic residues and market access

Farmed shrimp is tested at the border for banned antibiotic residues, and a pattern of detections can put an exporter or a country onto import alert, which requires every subsequent shipment to be tested and held. Certification schemes for farm practice add a second layer for European and North American retailers. A residue finding is therefore an access event rather than a quality discount: it removes a supplier from a market entirely, and the volume has to find a home somewhere with looser controls.

Rainfall, salinity and El Nino in the growing regions

Grow-out ponds depend on brackish water within a species' salinity tolerance, and heavy rain dilutes them, drops the temperature and stresses the animals into disease. Ecuadorian El Nino years bring exactly that, and monsoon flooding does the same in Andhra Pradesh and the Mekong delta. Because the effect works through disease outbreaks rather than through direct mortality, the loss shows up as a poor harvest a month or two after the rain rather than immediately.

How is shrimp produced?

Farmed shrimp begins in a hatchery. Broodstock, increasingly from closed specific-pathogen-free breeding programs held by a small number of genetics suppliers, are conditioned and spawned; the eggs hatch into nauplii and pass through zoea and mysis stages into postlarvae over roughly three weeks, feeding first on algae and then on brine shrimp and formulated diets. Postlarvae are counted and sold to farms, sometimes via an intermediate nursery that grows them a little larger before they go into the main pond.

Grow-out takes three to four months. Ponds are stocked at densities that vary enormously by system, from a few animals per square meter in Ecuador's extensive ponds to dozens in intensive Asian systems, and they are aerated with paddlewheels because dissolved oxygen is the binding constraint at high density. Shrimp are fed pelleted diets several times a day, and the feed conversion ratio, typically between 1.4 and 1.7 kilograms of feed per kilogram of shrimp, is the number a farm manages against. Water quality, salinity and pathogen exclusion determine whether the crop reaches harvest at all. Harvest is by draining the pond or seining it, and the animals go straight into an ice slurry, because shrimp deteriorate quickly and melanosis, the black spotting on the shell, begins within hours.

At the plant shrimp are washed, graded by size on a machine that sorts by count, and processed to order: heads removed, shell stripped and the vein taken out, cooked or left raw, sometimes butterflied, skewered or breaded. Freezing is either individually quick frozen, where each animal is frozen separately in a spiral or tunnel freezer and then glazed with a film of ice to prevent freezer burn, or block frozen for industrial buyers. Product is metal-detected, sampled for antibiotic residues and microbiology, packed in cartons marked by count and form, and shipped in refrigerated containers. Wild-caught shrimp follows a shorter path, usually graded and frozen on board a trawler or landed iced for a shoreside plant.

What is shrimp used for?

Shrimp is food and nothing else, which makes its demand unusually simple and unusually sensitive to price points. In the United States it is the largest seafood category by consumption, sold through restaurant menus, through retail freezer cabinets in standard bag sizes and through prepared foods, with promotions built around a target retail price that importers work backwards from. In China and across East Asia much of it is bought whole and head-on, fresh or frozen, for home cooking and banquet use, which is why Ecuadorian shell-on product suits that market and Indian peeled product does not.

Form determines who buys it. Large counts of head-on shell-on and black tiger go to Asian and southern European markets that value appearance and size; small counts of peeled and deveined shrimp go into salads, sandwiches, ready meals and industrial food manufacturing; breaded and cooked product supplies restaurant chains that need a consistent portion at a fixed cost. Shells and heads left after peeling are not wasted: they are rendered into shrimp meal for aquaculture feed and pet food, and are the industrial source of chitin and its derivative chitosan.

Supply chain and chokepoints

Processing capacity does not sit where the shrimp is farmed. Ecuador exports a high proportion of its harvest whole and frozen with minimal handling, and much of the peeling, cooking and value-adding that its shrimp eventually receives happens in China and Vietnam, which buy raw material from several origins to keep large plants and skilled labor forces occupied. India built its plants alongside its farms in Andhra Pradesh to serve the United States directly. Thailand kept a processing industry considerably larger than the farming sector that once fed it. The consequence is that a country's export figure measures its plants as much as its ponds.

Everything moves in refrigerated containers at minus 18 degrees Celsius or colder, from Guayaquil across the Pacific to Chinese ports and through the Panama Canal to the US East Coast and Europe, from Visakhapatnam, Chennai and Kolkata westward through Suez or eastward to Asia, and from Ho Chi Minh City and Haiphong to Japan, the United States and Europe. Reefer container availability, plug capacity on vessels and the reliability of the cold chain through transshipment are real constraints, and canal or Red Sea disruptions lengthen voyages for a product where every extra week is inventory cost.

The single points of failure are biological and regulatory rather than physical. Shrimp cannot be vaccinated, so a novel pathogen in a densely stocked region can remove a large share of an origin's output within two seasons and has repeatedly done so. Broodstock genetics are supplied by a handful of companies, which concentrates the risk in the animals themselves. Two markets take about half of world imports, so a trade remedy decision or an import alert in either one reroutes a large volume at short notice. And because there is no futures market and no benchmark contract, a farmer facing a three-to-four-month production lag has no way to lock in a price before stocking.

Key companies

Largest companies in shrimp
CompanyRoleHeadquartersListedSource
Thai Union GroupprocessorThailandYesReport
Minh Phu Seafood CorporationprocessorVietnamYesReport
Avanti Feedsfeed producerIndiaYesReport
Grupo Nueva PescanovaproducerSpainNoReport
Skrettingfeed producerNorwayNoReport

Corporate facts from annual reports and filings. No stock prices are shown.

Timeline: what moved the shrimp market

  1. 1. 1985

    Asian shrimp farming expands as hatchery technology spreads

    Reliable hatchery production of postlarvae turned shrimp farming from a pond-stocking gamble into an industry, and Asian output multiplied within a few years. Source

  2. 2. 1992

    White spot syndrome virus first reported in farmed shrimp in East Asia

    A pathogen with no vaccine and near-total mortality entered the industry and has shaped where and how shrimp can be farmed ever since. Source

  3. 3. October 1998

    WTO Appellate Body rules against the US shrimp import ban

    The shrimp-turtle decision set the terms on which importing countries may condition market access on how a fishery is conducted, a template later applied well beyond shrimp. Source

  4. 4. 1999

    White spot syndrome virus reaches Ecuador and Central America

    Ecuadorian exports fell by roughly two-thirds, and the collapse pushed the region toward domesticated specific-pathogen-free vannamei stock, which is the basis of its later dominance. Source

  5. 5. January 2005

    US finds its domestic shrimp industry injured by imports from six countries

    The determination cleared the way for antidumping duties that have shaped which origins supply the American market for two decades. Source

  6. 6. 2009

    India admits Penaeus vannamei to commercial farming

    Switching from black tiger to a faster-growing domesticated species let smallholder ponds in Andhra Pradesh scale up, and India became a leading exporter within a decade. Source

  7. 7. 2009

    Acute hepatopancreatic necrosis disease first recorded in southern China

    The bacterial cause of early mortality syndrome appeared in Chinese ponds and then spread through Southeast Asia, redrawing the export map. Source

  8. 8. 2013

    Early mortality syndrome halves Thailand's farmed shrimp output

    The largest exporter of the previous decade fell out of the top ranks in two seasons, and its plants turned to processing imported raw material instead. Source

  9. 9. 2015

    Research quantifies aquaculture as the leading driver of Southeast Asian mangrove loss

    Documenting the link between pond expansion and mangrove clearance gave regulators and retailers the basis for the sourcing standards now applied to farmed shrimp. Source

  10. 10. 2021

    Ecuador overtakes India as the largest shrimp exporter

    Low-cost extensive farming beat processing-led supply chains on price, and the trade reoriented toward whole frozen shrimp shipped across the Pacific. Source

  11. 11. September 2023

    Farm-gate vannamei prices fall to historic lows on oversupply

    Simultaneous expansion in Ecuador, India and Vietnam met flat demand, and the resulting price collapse showed how sharply the stocking cycle overshoots. Source

  12. 12. December 2024

    US clears countervailing duties on shrimp from Ecuador, India and Vietnam

    A second layer of duties on top of the existing antidumping orders changed the relative landed cost of every major origin at a US port. Source

Frequently asked questions about shrimp

which country exports the most shrimp

Ecuador led exports of frozen shrimps and prawns in 2024 with 33% of the $18.8 billion traded, ahead of India on 23% and Vietnam on 8.6% (CEPII BACI). This page carries no production-by-country data, so exports are the origin measure used here.

where does most shrimp come from

Most is farmed rather than caught, in warm shallow coastal ponds. Ecuador's estuaries in Guayas and El Oro, the deltas of Andhra Pradesh and West Bengal in India, and the Mekong delta in Vietnam supply the bulk of the traded volume. Ecuador alone shipped 33% of world frozen shrimp exports in 2024 (CEPII BACI).

who imports the most shrimp

China imported 27% of world crustacean imports by value in 2024 and United States 23% (CEPII BACI). On frozen shrimp specifically, United States was the largest buyer with 25%. China buys whole head-on shrimp, while the United States buys headless, peeled and value-added product.

what is the price of shrimp per kilo

There is no single benchmark, because a shrimp price depends on species, origin, count per pound and form. The series carried here, Mexico, US import price, No. 1 shell-on, was $8.6/kg at its most recent observation in October 2023 (World Bank Pink Sheet). That is a wild-caught Mexican import price, not a farmed vannamei price.

what is the difference between vannamei and black tiger shrimp

Vannamei is the Pacific white shrimp, native to the eastern Pacific, domesticated into specific-pathogen-free breeding lines, tolerant of dense stocking and ready for market in three to four months. Black tiger is a larger Indo-Pacific species that sells at a premium but is harder to breed in captivity and more vulnerable to disease. Vannamei supplies most of the world trade.

why is shrimp so cheap now

Farmers decide whether to stock a pond based on today's price and harvest three to four months later, so the industry regularly overshoots. Simultaneous expansion in Ecuador, India and Vietnam met flat demand and drove farm-gate prices to historic lows in 2023. The benchmark series was -48% over ten years to October 2023 (World Bank Pink Sheet).

is farmed shrimp safe to eat

Farmed shrimp entering the United States and European Union is tested at the border for banned antibiotic residues, and repeated detections put an exporter on an import alert requiring every shipment to be tested and held. Product is also sampled for microbiology at the processing plant. This site does not give health advice, but the testing regime is why residue findings function as market-access events.

what does shrimp count mean

Count is the number of shrimp per pound, written as a range such as 16/20, 21/25 or 41/50, and it is the main determinant of price: fewer shrimp per pound means larger animals and a higher price per kilogram. A quote is meaningless without it, together with the form, meaning head-on, headless, peeled, cooked or breaded.

why do shrimp diseases matter so much

Shrimp have no adaptive immune system, so there is no vaccine and control depends on excluding pathogens. White spot syndrome virus cut Ecuadorian exports by around two-thirds after reaching the Americas in 1999, and early mortality syndrome halved Thailand's output by 2013. A single outbreak can remove a leading exporter from the market within two seasons.

Sources, methodology and downloads

Downloads

Methodology: shares are each country's value divided by the world total from the same source; trade shares are of world export (or import) value for the HS line; price changes compare monthly averages; real prices use the US CPI. Full detail at /methodology/. Cite this page as: Commodity Origins, "Where does shrimp come from? Exporters, buyers and prices", data BACI HS22 V202601, 2026-09-02, https://commodityorigins.com/commodities/shrimp/ (CC BY 4.0).

Data updated 6 September 2026. Text last reviewed 5 September 2026.