Product
Supplier
Encyclopedia
Inquiry
Home > News > Market Flash > Ecuador Shrimp Exports to US Face 15 Percent Tariff $170 Million Extra Cost Threatens 300000 Jobs

Ecuador Shrimp Exports to US Face 15 Percent Tariff $170 Million Extra Cost Threatens 300000 Jobs

ECHEMI 2025-08-17

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.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
Comment
Comment

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.)

Scan the QR Code to Share

Feedback & Suggestions
Send Message

Thank you for your feedback. If you require further assistance, please contact us by email at info@echemi.com or call us at +86-532-55729510.