Shrimp Industry in Bangladesh - An overview (BUS 104) Over the last two decades, shrimp farming has emerged as a major industry in Bangladesh. The impact of the process has economic, social and environmental dimensions. It can be said that this is a blessing for the people of Bangladesh. Shrimp is the second-highest source of export earnings of the country which add more than $507 million in the last year to the export earnings. Bangladesh is the seventh highest exporter of shrimp around the world. Shrimp industry contributes almost 4.7% to GDP and 9.38% of total exports. Almost 1.2 million people of our country are directly and indirectly related to the activities of shrimp cultivation and shrimp export.

1. Shrimp Industry in Bangladesh
An Overview

2. THE GROUP (GROUP TAG - 4)
G.M Sharmin Laila (1888)
Shakhwat Hossen Sakib (1909)
Anup Das (1901)
Saaruf Salahuddin (1908)
Mostofa Faisal (1917)

3. Over the last two decades, shrimp farming has emerged as a major industry in
Bangladesh. The impact of the process has economic, social and environmental
dimension. It can be said that this is a blessing for the people of Bangladesh.
SHRIMP INDUSTRY OF BANGLADESH

4. BLESSINGS OF SHRIMP INDUSTRY
Shrimp is the second highest source of export earnings of the country which add more
than $507 million in the last year to the export earnings. Bangladesh is the seventh highest
exporter of shrimp around the world. Shrimp industry contributes almost 4.7% to GDP and
9.38% of total exports. Almost 1.2 million people of our country are directly and indirectly
related with the activities of shrimp cultivation and shrimp export.

5. • Tradition and modern shrimp culture are carried out mainly in ponds
• In traditional systems natural stocking was achieved through intake
of tidal water carrying large number of shrimp larvae
• Pond designs were simple as trap ponds
• Recently nursery ponds have been incorporated for growing larvae
to an advance juvenile stage, before transfer to production ponds
SHRIMP CULTURE SYSTEM

6. The OSP is organized with an Internal
Control System (ICS), comprising of quality
management procedures, training and
inspection undertaken by 47 staff members
to ensure both compliance with organic
regulations and the quality of the product.
ORGANIC FARMING SYSTEM

7. MAJOR EXPORTABLE SPECIES
White prawn
( Penaeus indicus )
Major types of shrimp exported in frozen and non frozen from
Brown prawn
( Metapenaeus dobsoni )
King prawn
( Metapenaeus affinis )
Scampi
( Macrobrachium rosenberrgi )
1 2
3
4 5
Tiger prawn
( Penaeus monodon )

8. Shrimp Export Percentage
Shrimp Industry represents the second largest export industry for Bangladesh after garments with 97%
of the shrimp produced being exported, contributing about 4% to national GDP.
Export in % in 2015
Source: BFFEA
22
14
8
6
11
4
9
6
20
USA UK GERMANY BELGIUM NETHERLAND RUSSIA SAUDI ARABIA JAPAN OTHERS

9. • There is increasing demand of shrimp in the developed country
• The environmental condition is very much helpful for the shrimp
cultivation
• Per hector production of shrimp in Bangladesh is not efficient enough it
means we can increase our shrimp production without increasing the land
for production, which indicates more export earnings.
• By giving proper training, the skills of farmers can be increased
• This sector provides increasing employment opportunities in the south
western region of the country
PROSPECTS OF SHRIMP INDUSTRY

10. Environmental effects and animal welfare
Social effects
Reduce the production of other agricultural items
Ecological impact on costal Bio-diversity
EFFECTS OF SHRIMP INDUSTRY

11. Shrinking shrimp export to the European Union and Russian countries owing
to dispute over standard of Bangladeshi shrimp
PREDICAMENT OF SHRIMP EXPORT
Growing sale of low-priced Vannamei shrimp in India, Vietnam and Thailand
Shortage of new markets
Price devaluation of Euro, US Dollar and Russian Ruble

12. Featuring testimonies recorded
during investigations in 2012,
Impossibly Cheap documents
examples of hazardous working
conditions, the use of child labor,
bonded labor, withholding of pay,
excessively low wages, health
and safety violations, restricted
union activities, verbal abuse
and excessive hours.

13. Foreign currencies from shrimp exporting are decreased in last three years
2014-2015 2013-2014 2012-2013
3948.25 cr 4261.57 cr 4354.64 cr
FOREIGN CURRENCY STATISTICS
Source: Export Promotion Bureau (EPB)

14. • Quality and Traceability
• The insecurity and powerlessness of the shrimp farmers
• No definite law
• Outbreak of disease
• No training for farmers
• Lack of latest technologies
• Poor transportation system
REASONS OF DECREASING

15. RECOMENDATIONS
• Government should introduce a clear guideline for shrimp cultivation and
exportation.
• Government should create a regulatory authority to monitor this process.
• A monitoring cell should be established to minimize the ecological impact of
the area where the shrimp are cultivated.
• To reduce the bad impacts of the shrimp cultivation, encourage should be
given to the sweet water shrimp cultivation which has less impacts
compared to the salt water shrimp cultivation.
• Training program should be introduced for making the worker skilled and
reducing the unemployed people of that region.

16. • A proper guideline should be prescribed by the government to select the
land for the shrimp cultivation.
• Restrict the production of shrimp in specific time of the year so that the
land can regain its’ fertility.
• New efficient firm should be established to increase the production of
shrimp and increase the export earnings.
• Advance research should be conducted to find out the possibility of
cultivating the salt water shrimp into the sweet water, which can be totally
remove the environmental impact of shrimp.

17. THANK YOU!