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Revenue from export of shrimps likely to increase 20% to $4 3 bn in 2021: Crisil

In calendar 2020, lockdowns and supply-chain disruptions meant exports declined to $3.6 billion from $4.7 billion in 2019. Ecuador edged past India with $3.7 billion exports because it had fewer logistical snafus and focused on catering to the voracious appetite in China for raw shrimps.

Revenue from shrimp export to jump 20% in CY21: Crisil

According to the study of 97 Crisil-rated exporters, accounting for over two-thirds of the industry’s revenue, lockdowns and supply-chain disruptions meant exports declined to $3.6 billion in 2020 from $4.7 billion in 2019.

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