Ecuador Shrimp Exports to US Face 15 Percent Tariff $170 Million Extra Cost Threatens 300000 Jobs
Starting August 7, Ecuador’s white shrimp exports to the United States are subject to a 15% tariff, significantly lower than India’s 50% or Vietnam’s 20%, but still a heavy blow for the industry. According to Jose Antonio Camposano, president of Ecuador’s National Aquaculture Chamber, the new tariff will cost exporters nearly $20 million per month—adding up to $120 million in extra payments through December.
Ecuador is considered a relative winner under the latest US trade policy, yet the impact is still severe. In 2024, Ecuador shipped 412 million pounds of white shrimp to the US, worth $1.28 billion. For the first half of 2025, exports hit 29.8 million pounds, generating $867 million in revenue.
Year-to-date, Ecuadorian companies have already paid $45 million in tariffs. With the new 15% rate, extra annual costs could swell to $170 million. Adding a 3.78% countervailing duty brings the total tariff burden to 18.78%—a threat to 300,000 jobs across the sector.
Industry leaders are urging the government to negotiate a trade deal with the US to secure more favorable market access and reduce future tariff risks.
2026-10-22
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
South Korea Approves Yeosu Restructuring Plan, Permanently Retiring 1.39 Million Tons of Ethylene Capacity
-
Sika in China Under Pressure: The Structural Alarm Behind the 1,500-Job Cut
-
Blue from the Rainforest: EFSA Greenlights Natural “Jagua Blue” as Safe Food Colorant
-
From Eggshell to Elixir: EFSA Declares Egg Membrane Collagen Peptides Safe for Adult Supplements
-
Probiotic Promise, Safety Snag: EFSA Gives Mixed Verdict on Multi-Strain Dog Feed Additive
-
From Ancient Volcanoes to Modern Feed Mills: EFSA Validates Volcanic Zeolite as Safe and Effective Feed Additive
-
Spice Up the Coop: EFSA Reaffirms Safety of Botanical Blend for Broiler Feed—With a Warning for Handlers
-
New Ocean Freight GRI Takes Effect on Asia, Middle East and Africa Routes to U.S. and Canada
-
Sun-Kissed Insect Oil? EFSA Approves UV-Treated Mealworm Fat as Safe—and Vitamin D-Rich—Novel Food
-
From Fungus to Food: EFSA Greenlights Rhizomucor pusillus Biomass as Safe Novel Ingredient
Recommend Reading
-
Honeywell Acquires Johnson Matthey Catalyst Business at a Discount, Cutting £475 Million from the Price
-
FDA Dye Phase-Out Push Opens a Bigger Window for Natural Color Solutions
-
U.S. API Dependence Turns Pharmaceutical Ingredients Into a National Security Issue
-
Glyphosate Faces New UK Pressure as EU Trade Alignment Returns to the Debate
-
Pharma Tariff Risk Pushes Global Drugmakers to Rebuild U.S. Supply Chains
-
May China Maleic Anhydride Market Trend Fluctuates and Rises
-
Business Society September 30, 2026 Maleic Anhydride Trend Analysis: Volatility
-
May Acetic Acid Market Shakes and Declines
-
September China urea market trend fluctuates and rises
-
Tert Butylate: Properties and Applications