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Honduran shrimp exports to drop by $20 million this year following heavy rainfall in October, trade organization says

Tuesday, December 6, 2011

The shrimp industry in Honduras will experience a 10 per cent reduction in exports by the end of this year, equivalent to around S$20 million.

The executive director of the National Aquaculture Association of Honduras said: "The reduction in exports could go from $10 to $20 million, due to the impact of the rains that hit the country in the month of October this year."

In 2010 the export of farmed shrimp closed with $200 million and the same figure was expected this year.

Original source: The Fish Site