Tagged: Ecuador

Thai Union Feedmill incorporates Ecuador subsidiary for US$55 million aquafeed plant

The unit was registered on 4 September with US$27 million capital, with India's Avanti Feeds and Ecuadorian partners taking minority stakes.

Ecuador's move into processed shrimp and a 12.5% US tariff squeeze Vietnamese exporters

Shrimp export growth slowed to 4.5% in July against 12.6% over seven months, with Vietnam facing a higher US tariff than Ecuador, India and Indonesia.

US imposes Section 301 forced labour tariffs on shrimp imports from all top ten supplying nations

Vietnam, Thailand, Peru and China face a 10% additional duty, while India receives a reduced rate of 10% after adopting a domestic prohibition on goods produced with forced labour.

Thai Union Feedmill to invest US$55 million in Ecuador factory as domestic shrimp output declines

The move positions TFM to serve the world's largest shrimp-producing market directly, with capacity targeted to rise 80% by 2028.

Ecuador's farmed shrimp sector ends 2025 with 23.2% year-on-year rise in export value

Ecuador's farmed shrimp industry closed 2025 with US$7.47 billion in exports, an increase of 23.2% when compared to the US$6.07 billion sent abroad in 2024, according to the latest figures available from the country's National Aquaculture Chamber (CNA).

Ecuador steps up biosecurity measures to ensure safe shrimp for export to China