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Photo: courtesy CANAINPESCA

US curb on Mexican shrimp exports will cost the country $ 180 million

Click on the flag for more information about Mexico MEXICO
Thursday, May 06, 2021, 22:00 (GMT + 9)

The US market is more than 40 percent of the value of Mexican exports of fishery products, shrimp being the main exported product, said the National Chamber of Fisheries and Aquaculture Industries.

After the United States published on April 30 the suspension of the certification for Mexico's shrimp fishery, which prevents exporting to the neighboring country to the north as of May 1, the National Chamber of Fisheries and Aquaculture Industries (Canainpesca ), estimated that this will cost the country 180 million dollars. The agency pointed out that the US market represents more than 40 percent of the value of Mexican exports of fishery and aquaculture products, shrimp being the main exported product.

"In 2020, 25 thousand 750 tons of shrimp were exported, worth 262 million dollars. 66 percent of the value of exports is wild shrimp. And 180 million dollars is the impact of the suspension of the certification to export to the US," they said in a statement. He explained that the offshore shrimp industry generates around 42 thousand direct jobs and 400 thousand indirect jobs.

For its part, the National Agricultural Council (CNA) reported that they will work with all their associates in the fishing sector, and with the Mexican government to regain the shrimp certification before the start of the 2021-2022 season.

The CNA maintained that the withdrawal of the certification does not represent the efforts that have been made over the last few years for the protection of sea turtles in Mexico.

Author: Eduardo de la Rosa / Millennium

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