The 1994 classic “Forrest Gump” taught you all the different ways to cook shrimp. USA Trade Online, on the other hand can provide detailed U.S. shrimp trade statistics. For example, did you know that from 2005 through 2009, Louisiana had consistently ranked in the top 5 states exporting frozen shrimp by dollar value, averaging $5.5 million each year?
Or that over that same period, Florida moved from #3 to #1 in value of frozen shrimp exports with a 95% growth rate and an annual average of $9.6 million each year?
You can also use USA Trade Online to demonstrate the impact of current events on the trade of a geographic region. In the aftermath of the 2010 oil spill, exports of frozen shrimp from the gulf sharply decreased. Louisiana frozen shrimp exports dropped 75% from April to June 2010, while Florida exports dropped 16%.
Despite those losses, both markets have rebounded and shrimp exports are back to pre-oil spill levels. You can continue to track the recovery progress at USA Trade Online.
This blog was re-posted from the Census Bureau’s Global Reach blog.