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Analysis

US trade investigation ‘biggest problem or threat’ facing Ecuador shrimp but rebalance possible

'Probably other countries that don't have the risk of the duties, they might be shipping a larger volume to the US, but they will leave some places open where we have to find a place to put our product' -- Sandro Coglitore, Omarsa

By Jason Huffman | Jan. 23, 2024 23:27 GMT
Ecuadorian shrimp. Photo: Expalsa
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ORLANDO, Florida, US -- A massive shrimp glut has led to an unprecedented slide in wholesale prices, but Sandro Coglitore, the CEO of Omarsa, one of Ecuador's largest shrimp farmers and processors, doesn't see that as his sector's "biggest problem or threat" in 2024 [...]

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