Tariffs Reshape Shrimp Market and Slow Mexican Exports
The Mexican shrimp industry is facing one of its most complex stages after registering a historic drop in exports, mainly due to increased international competition and the collapse of prices in the U.S. market, the main destination of Mexican shrimp.
Carlos Urías Espinoza, president of the Council for the Economic Development of Sinaloa(COADES), explained that Mexico used to export between 45,000 and 50,000 tons of shrimp annually to the United States; however, in recent years this volume has dropped significantly, closing 2024 with around 25,000 tons...
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