₱900-M PHL shrimp exports to US may be affected by ban

Nearly a billion pesos worth of shrimp exports to the United States are at risk due to the US’s temporary ban on the importation of shrimp and shrimp products from the Philippines, data processed by the Department of Trade and Industry-Export Marketing Bureau (DTI-EMB) showed. Last year, Philippine shrimp exports to the US reached nearly P900 million. In five years, the highest was recorded in 2019 when it hit more than P2 billion. In an advisory published on DTI-EMB’s website last week, the export marketing arm of DTI revealed that the US temporarily prohibited importation of shrimp caught using commercial fishing technology that “adversely” affects turtles such as the use of Turtle Excluder Devices.