Ecuador Shrimp Exports Top Oil for First Time, Reaching $8.4 Billion in 2025

Ecuador's shrimp exports surged 20% to $8.4 billion in 2025, overtaking oil as the country's top export, driven by U.S. tariffs on Indian shrimp and sustained industry investment. In 2024, shrimp sales totaled about $7 billion. Higher U.S. tariffs temporarily boosted Ecuador's market share, said Jose Antonio Camposano, president of Ecuador’s Aquaculture Chamber. China remains the largest buyer (48%), with U.S. and EU shares growing to 22-23%. Exporters aim for steady volumes and 5% growth in 2026 amid tariff uncertainty and competitive pressures. Oil exports fell 19% to $7.18 billion in Jan–Nov 2025. Non-oil exports reached $29.4 billion, up 18.3% from 2024.