Analysis of white shrimp (Litopenaeus vannamei) exports to the Chinese market
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Abstract
In 2020, Ecuador's shrimp exports to China went from 2,085,077.3 thousand dollars in 2019 to 1,891,383.5 thousand dollars in 2020, i.e. a reduction of -9.29%. The objective of this research was to analyze shrimp exports to the Chinese market in the period 2010-2020. The proposal is to forecast exports and participation in the Chinese market four years into the future. The methodology applied for the research is descriptive, documentary, quantitative, supported by journals and scientific articles in databases such as: Latindex, Scopus, and studies related to the subject. The projections estimated that in 2022 Ecuador will export 1,694,035 thousand dollars to China, by 2023 this will increase by 10.28% with respect to 2022, reaching 1,868,289 thousand dollars. And finally in 2024 it will export 2,042,543 thousand dollars. White shrimp exports to China in 2019 have a share of 29.67%. By 2020 the share increased to 32.01%, i.e. Ecuador became the supplier of shrimp to China after India. In addition, during the period from 2013 to 2020 there will be an average share of 13.27% of shrimp exports from Ecuador to China. Socially, it is estimated that the shrimp sector generates 200,000 direct jobs and indirectly reaches 5% of the Economically Active population, in 210,000 hectares of shrimp. Shrimp alone represents 1.1% of Ecuador's GDP. Ecuadorian.
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