Chilean exports of fish and seafood rose to $828 million in November, up 21.5 percent from a year earlier, according to a recent report by government-run promotion agency ProChile.
The growth was largely attributable to higher sales of salmon and trout, with revenue up 21.6% to $661 million; algae, up 135% to $18 million; fish oil, up 49.2% to $21 million; and horse mackerel, up 59.3% to $10 million. Dollar.
Additionally, the fastest-growing destination market for November sales was the United States, up 16 percent year-over-year to about $258 million, according to ProChile, “primarily due to higher shipments of salmon and trout (up 13.3 percent to $233 million). USD), shrimp (up 765.5% to USD 4 million) and fishmeal (up 141.6% to USD 8 million)”. According to Chilean customs data, Chile exported about 28,416 tons of fish and seafood to the United States, an increase of 18% year-on-year.
Sales to Japan also increased year-on-year during the period, up 40.5% to $213 million, also due to sales of salmon and trout (up 43.6% to $190 million) and hake (up 37.9% to $3 million) .
According to Chilean customs data, Chile exported about 25,370 tons of salmon to Japan. According to ProChile, Mexico ranked third with $22 million in sales to the market, up 51.2 percent from the same period last year, largely due to higher exports of salmon and trout.
Between January and November, Chile exported fish and seafood worth approximately US$8.13 billion, an increase of 26.7 percent compared to the same period last year. Salmon and trout saw the largest increase in sales at $6.07 billion (up 28.9%), followed by horse mackerel (up 23.9% to $335 million), cuttlefish (up 126.8% to $111 million), algae ( up 67.6% to $165 million), fish oil (up 15.6% to $229 million) and sea urchin (up 53.9% to $109 million).
In terms of destination markets, the United States led the way with a year-on-year growth of 26.1%, with sales of approximately $2.94 billion, driven by sales of salmon and trout (up 33% to $2.67 billion), cod (up 60.4%) Sales rose to $47 million) and Spider Crab (up 105.9% to $9 million).
According to the report, exports to China ranked second after the U.S., up 65.5 percent year-on-year to $553 million, again thanks to salmon (up 107.2 percent to $181 million), algae (up 66.9 percent to $119 million) and fishmeal (up 44.5% to $155 million).
Finally, exports to Japan ranked third, with an export value of US$1.26 billion in the same period, a year-on-year increase of 17.3%. Chilean exports of salmon and trout to the Asian country also rose by 15.8 percent to $1.05 billion, while exports of sea urchin and cuttlefish also rose by 52.3 percent and 115.3 percent to $105 million and $16 million, respectively.
Post time: Dec-26-2022