Nicaragua to Increase Shrimp Production

For 2009, the government projects an increase of 13% compared to 2008.

Wednesday, April 22, 2009

In 2008, the production of cultivated shrimp was 30 million pounds and 3.195 million pounds of dragged shrimp.

Ervin Sanchez wrote in his article "In fact, according to government information, shrimp exports left the nation a total of $56 million in a season with reduced sales due to the global financial crisis. In this sense, the same thing happened to Nicaraguan lobster production, which reached 2.8 million pounds in 2008, and the export of this product left the country about $40 million."

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More on this topic

Nicaragua: Aquaculture Production in August 2015

October 2015

Between January and August lobster production grew by 30% compared to the same period in 2014, while production and export of farmed shrimp fell by 32% and 40%, respectively.

In the case of lobster exports in the period concerned there was an increase of 26%, going from $37.3 to $47.1 million, according to data from the Central Bank and the Center for Exports (CETREX).

New Markets for Nicaraguan Shrimp

May 2013

Nicaraguan cultured shrimp exports have diversified into Egypt, China, Russia, Puerto Rico, and Mexico.

This is due to the financial crisis which affected its main shrimp markets (Spain, Europe and the United States), the economic takeoff of some developing countries, and diseases currently affecting production, especially in China.

Shrimp Farming Growing

May 2012

In Panama, Cocle shrimp sales rose in the first quarter, up 14% compared to the same period in 2011, reaching a value of $3 million.

Companies and authorities expect an increase of 30% of shrimp exports only in the province of Cocle.

"Already during the first quarter of this year, exports of this marine product from the Cocle province have increased and up to April nearly half a million pounds were exported, generating sales of around $3,148,000," reported

More Productivity in Shrimp Farming

April 2012

The shrimp industry, which exported $52.8 billion in 2011, is seeking to improve infrastructure and implement improved farming technologies.

The production of shrimp and fish farming generates more revenue than deep-sea fishing, as reports by Electronic Service for Export Authorization (SEADEX) and the Committee on Fisheries and Aquaculture of the Guatemalan Association of Exporters (Agexport) clearly show .

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