Frozen Shrimp Trade


News from Panama / Monday, February 26th, 2018

Between January and September of 2017, Central American countries exported $275 million worth of frozen shrimp and langoustine, 22% more than in the same period in 2016.

Figures from the information system on the Market for Shrimp and Frozen Langoustine in Central America compiled by the Business Intelligence Unit at CentralAmericaData: Click to interact with graph

Variation of regional exports  
Between January and September of 2016 and 2017, the export volume of frozen shrimp and langoustine recorded an increase of 21%, rising from 33 thousand tons in 2016 to 41 thousand tons last year.

The export value increased by 23%, rising from $224 million in 2015 to $275 million in 2017.

Exports by country 
In the first nine months of 2017, the main exporter of frozen shrimp and langoustines in Central America continued to be Honduras, with $185 million, followed by Panama, with $45 million, Nicaragua, with $30 million, Costa Rica with $9 million, Guatemala, with $6 million and El Salvador with $0.3 million.

Destination of exports 
From January to September 2017, 25% of the value exported from Central America went to the US, 15% to Taiwan, 14% to Mexico, 14% to the United Kingdom and 8% to Spain.

Price of exports
Between January 2012 and September 2017, the average price per kilo of frozen shrimp and langoustine by countries in the region ranged from $9.17 to $4.74.

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