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.
Key facts
- Top exporter, crustaceans (HS 0306), 2024
- Ecuador, 20% of export value
- Benchmark price, October 2023
- $8.6/kg
- 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 $31.8 billion in 2024 with Ecuador on 20% and India on 14%, but Canada on 9.8% and Russia on 6.6% rank there on cold-water crab and lobster rather than on shrimp.
The two leaders got there by different routes. Ecuador farms in large, low-density ponds carved out of the coastal plain and mangrove margins of Guayas and El Oro, exchanging water with the estuaries on the tide, with cheap electricity, farms measured in hundreds of hectares and a hatchery sector next door in the species' native range; the result is the lowest cost per kilogram of any origin, and most of it ships head-on and shell-on to China. India converted to vannamei after approving the species for commercial farming in 2009 and built its industry on smallholder ponds in Andhra Pradesh, West Bengal and Gujarat, feeding processing plants that make peeled and value-added product for the United States. Vietnam farms in the Mekong delta and, like China, also buys raw shrimp from other countries to process, so its export figures contain other producers' harvest.
Who exports and imports shrimp?
Ecuador and India farm and export whole shrimp; Vietnam and China also process imported raw material for re-export, so their export figures include other countries' shrimp.
Exporters of crustaceans, including shrimps and prawns (HS 0306), 2024
| Rank | Country | Value (US$) | Share of world | Volume (t) |
|---|---|---|---|---|
| 1 | Ecuador | $6.3 billion | 20% | 1.2 million t |
| 2 | India | $4.5 billion | 14% | 677,704 t |
| 3 | Canada | $3.1 billion | 9.8% | 202,414 t |
| 4 | Vietnam | $2.2 billion | 6.8% | 253,351 t |
| 5 | Russia | $2.1 billion | 6.6% | 88,315 t |
| 6 | Indonesia | $1.3 billion | 4.2% | 165,025 t |
| 7 | Argentina | $1.2 billion | 3.9% | 162,538 t |
| 8 | United States | $964.5 million | 3% | 53,574 t |
| 9 | China | $941.6 million | 3% | 123,981 t |
| 10 | Thailand | $752.3 million | 2.4% | 84,774 t |
| 11 | Netherlands | $521.5 million | 1.6% | 57,021 t |
| 12 | Greenland | $508.4 million | 1.6% | 95,661 t |
| 13 | Spain | $467.3 million | 1.5% | 46,609 t |
| 14 | Denmark | $456.6 million | 1.4% | 55,944 t |
| 15 | Australia | $361 million | 1.1% | 11,656 t |
Same table ranked by volume
| Rank | Country | Volume (t) | Share of world volume | Value (US$) |
|---|---|---|---|---|
| 1 | Ecuador | 1.2 million t | 30% | $6.3 billion |
| 2 | India | 677,704 t | 17% | $4.5 billion |
| 3 | Vietnam | 253,351 t | 6.4% | $2.2 billion |
| 4 | Canada | 202,414 t | 5.1% | $3.1 billion |
| 5 | Indonesia | 165,025 t | 4.2% | $1.3 billion |
| 6 | Argentina | 162,538 t | 4.1% | $1.2 billion |
| 7 | China | 123,981 t | 3.2% | $941.6 million |
| 8 | Greenland | 95,661 t | 2.4% | $508.4 million |
| 9 | Russia | 88,315 t | 2.2% | $2.1 billion |
| 10 | Thailand | 84,774 t | 2.2% | $752.3 million |
| 11 | Netherlands | 57,021 t | 1.4% | $521.5 million |
| 12 | Denmark | 55,944 t | 1.4% | $456.6 million |
| 13 | United States | 53,574 t | 1.4% | $964.5 million |
| 14 | Venezuela | 50,037 t | 1.3% | $260.2 million |
| 15 | Spain | 46,609 t | 1.2% | $467.3 million |
Exporters of frozen shrimps and prawns, other (HS 030617), 2024
| Rank | Country | Value (US$) | Share of world | Volume (t) |
|---|---|---|---|---|
| 1 | Ecuador | $6.1 billion | 33% | 1.1 million t |
| 2 | India | $4.4 billion | 23% | 660,582 t |
| 3 | Vietnam | $1.6 billion | 8.6% | 195,167 t |
| 4 | Argentina | $1.2 billion | 6.3% | 159,980 t |
| 5 | Indonesia | $1.1 billion | 5.6% | 133,348 t |
| 6 | Thailand | $563.3 million | 3% | 59,861 t |
| 7 | China | $558.4 million | 3% | 78,668 t |
| 8 | Spain | $273.8 million | 1.5% | 31,211 t |
| 9 | Venezuela | $255 million | 1.4% | 49,357 t |
| 10 | Honduras | $229.6 million | 1.2% | 29,564 t |
| 11 | Netherlands | $209.1 million | 1.1% | 25,142 t |
| 12 | Bangladesh | $208.5 million | 1.1% | 21,048 t |
| 13 | Peru | $176.9 million | 0.9% | 25,418 t |
| 14 | Malaysia | $155 million | 0.8% | 19,922 t |
| 15 | Mexico | $152.2 million | 0.8% | 13,041 t |
Same table ranked by volume
| Rank | Country | Volume (t) | Share of world volume | Value (US$) |
|---|---|---|---|---|
| 1 | Ecuador | 1.1 million t | 40% | $6.1 billion |
| 2 | India | 660,582 t | 23% | $4.4 billion |
| 3 | Vietnam | 195,167 t | 6.8% | $1.6 billion |
| 4 | Argentina | 159,980 t | 5.6% | $1.2 billion |
| 5 | Indonesia | 133,348 t | 4.6% | $1.1 billion |
| 6 | China | 78,668 t | 2.7% | $558.4 million |
| 7 | Thailand | 59,861 t | 2.1% | $563.3 million |
| 8 | Venezuela | 49,357 t | 1.7% | $255 million |
| 9 | Saudi Arabia | 32,212 t | 1.1% | $144.1 million |
| 10 | Spain | 31,211 t | 1.1% | $273.8 million |
| 11 | Honduras | 29,564 t | 1% | $229.6 million |
| 12 | Peru | 25,418 t | 0.9% | $176.9 million |
| 13 | Netherlands | 25,142 t | 0.9% | $209.1 million |
| 14 | Bangladesh | 21,048 t | 0.7% | $208.5 million |
| 15 | Malaysia | 19,922 t | 0.7% | $155 million |
Importers of crustaceans, including shrimps and prawns (HS 0306), 2024
| Rank | Country | Value (US$) | Share of world | Volume (t) |
|---|---|---|---|---|
| 1 | China | $8.7 billion | 27% | 1.2 million t |
| 2 | United States | $7.2 billion | 23% | 727,744 t |
| 3 | Japan | $1.8 billion | 5.8% | 187,506 t |
| 4 | Spain | $1.5 billion | 4.6% | 201,916 t |
| 5 | France | $1.1 billion | 3.6% | 134,407 t |
| 6 | South Korea | $1.1 billion | 3.5% | 128,364 t |
| 7 | Italy | $887.9 million | 2.8% | 105,726 t |
| 8 | Canada | $777.5 million | 2.4% | 76,079 t |
| 9 | Hong Kong | $724.3 million | 2.3% | 51,096 t |
| 10 | Netherlands | $593 million | 1.9% | 72,946 t |
| 11 | Other Asia, nes | $540.8 million | 1.7% | 61,154 t |
| 12 | Vietnam | $534.2 million | 1.7% | 69,596 t |
| 13 | Belgium | $489.3 million | 1.5% | 53,137 t |
| 14 | United Kingdom | $476.6 million | 1.5% | 52,179 t |
| 15 | Germany | $448.9 million | 1.4% | 47,068 t |
Same table ranked by volume
| Rank | Country | Volume (t) | Share of world volume | Value (US$) |
|---|---|---|---|---|
| 1 | China | 1.2 million t | 30% | $8.7 billion |
| 2 | United States | 727,744 t | 19% | $7.2 billion |
| 3 | Spain | 201,916 t | 5.1% | $1.5 billion |
| 4 | Japan | 187,506 t | 4.8% | $1.8 billion |
| 5 | France | 134,407 t | 3.4% | $1.1 billion |
| 6 | South Korea | 128,364 t | 3.3% | $1.1 billion |
| 7 | Italy | 105,726 t | 2.7% | $887.9 million |
| 8 | Canada | 76,079 t | 1.9% | $777.5 million |
| 9 | Netherlands | 72,946 t | 1.9% | $593 million |
| 10 | Vietnam | 69,596 t | 1.8% | $534.2 million |
| 11 | Denmark | 69,167 t | 1.8% | $362.1 million |
| 12 | Russia | 62,080 t | 1.6% | $370.6 million |
| 13 | Other Asia, nes | 61,154 t | 1.6% | $540.8 million |
| 14 | Belgium | 53,137 t | 1.4% | $489.3 million |
| 15 | United Kingdom | 52,179 t | 1.3% | $476.6 million |
Importers of frozen shrimps and prawns, other (HS 030617), 2024
| Rank | Country | Value (US$) | Share of world | Volume (t) |
|---|---|---|---|---|
| 1 | United States | $4.8 billion | 25% | 593,855 t |
| 2 | China | $4.4 billion | 23% | 880,607 t |
| 3 | Japan | $1.2 billion | 6.4% | 145,623 t |
| 4 | Spain | $1.1 billion | 6% | 175,960 t |
| 5 | France | $681.9 million | 3.6% | 102,624 t |
| 6 | Italy | $563.7 million | 3% | 84,948 t |
| 7 | South Korea | $476.7 million | 2.5% | 64,523 t |
| 8 | Netherlands | $412.2 million | 2.2% | 54,922 t |
| 9 | United Kingdom | $403.7 million | 2.1% | 45,563 t |
| 10 | Canada | $362.4 million | 1.9% | 42,343 t |
| 11 | Other Asia, nes | $360.3 million | 1.9% | 48,688 t |
| 12 | Russia | $350 million | 1.9% | 58,760 t |
| 13 | Belgium | $332.4 million | 1.8% | 44,206 t |
| 14 | Germany | $329.8 million | 1.8% | 37,362 t |
| 15 | Vietnam | $307.4 million | 1.6% | 54,106 t |
Same table ranked by volume
| Rank | Country | Volume (t) | Share of world volume | Value (US$) |
|---|---|---|---|---|
| 1 | China | 880,607 t | 31% | $4.4 billion |
| 2 | United States | 593,855 t | 21% | $4.8 billion |
| 3 | Spain | 175,960 t | 6.1% | $1.1 billion |
| 4 | Japan | 145,623 t | 5.1% | $1.2 billion |
| 5 | France | 102,624 t | 3.6% | $681.9 million |
| 6 | Italy | 84,948 t | 3% | $563.7 million |
| 7 | South Korea | 64,523 t | 2.2% | $476.7 million |
| 8 | Russia | 58,760 t | 2% | $350 million |
| 9 | Netherlands | 54,922 t | 1.9% | $412.2 million |
| 10 | Vietnam | 54,106 t | 1.9% | $307.4 million |
| 11 | Other Asia, nes | 48,688 t | 1.7% | $360.3 million |
| 12 | United Kingdom | 45,563 t | 1.6% | $403.7 million |
| 13 | Belgium | 44,206 t | 1.5% | $332.4 million |
| 14 | Canada | 42,343 t | 1.5% | $362.4 million |
| 15 | Germany | 37,362 t | 1.3% | $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.
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 $18.8 billion. China buys large volumes of whole, head-on shrimp for its own consumption and for reprocessing; the United States buys headless, peeled and value-added product for retail and foodservice, which is why Indian and Vietnamese plants that can peel and cook at scale supply it while Ecuadorian volume flows the other way across the Pacific.
Processing and re-export blur the map further. Vietnam and China both import raw shrimp, peel, cook, bread or skewer it and ship it on, so their export lines include material farmed elsewhere, and the same tonne can appear twice in world trade statistics. Thailand, once the largest exporter, retains a processing industry considerably larger than its farming sector after disease cut its output in the 2010s. Trade remedies shape the flows as much as cost does: the United States has maintained antidumping duties on frozen warmwater shrimp from several countries since the mid-2000s and added countervailing duty orders in the 2020s, and each rate change alters which origin is cheapest at a US port without changing what any farm produces.
What does shrimp cost?
| Series | Latest | 1 month | 12 months | 5 years | 10 years | 20 years | All-time high (nominal) | All-time high (real, 2024 US$) |
|---|---|---|---|---|---|---|---|---|
| Mexico, US import price, No. 1 shell-on | 8.6 | -1% | -25% | -25% | -48% | -16% | 19.25 | 54.82 |
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
Timeline: what moved the shrimp market
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
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
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
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
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
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
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
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
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
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
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
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
- CEPII BACI international trade database (HS22, V202601), BACI HS22 V202601, fetched 6 September 2026. License: Etalab Open Licence 2.0. Cite as: Gaulier, G. and Zignago, S. (2010) BACI: International Trade Database at the Product-Level. The 1994-2007 Version. CEPII Working Paper, N°2010-23. BACI HS22 V202601, https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37
- World Bank Commodity Price Data (The Pink Sheet), 2026-09-02, fetched 6 September 2026. License: CC BY 4.0. Cite as: World Bank, Commodity Price Data (The Pink Sheet), 2026-09-02, https://www.worldbank.org/en/research/commodity-markets. CC BY 4.0.
Downloads
- All data for this page as JSON
- Top exporters and importers as CSV
- Monthly prices as CSV
- This page as plain Markdown
Data updated 6 September 2026. Text last reviewed 5 September 2026.