On-the-Ground Updates

Chilean Salmon and Trout Exports in Jan-23 to Sep-23 Show 2% Volume Increase, While Russia and China Drive Growth

Frozen Trout
Brazil
Chile
Carlos Palma
Published Oct 5, 2023
Between Jan-23 and Sep-23, Chile exported 544.48 thousand tons of salmon and trout valued at USD 4.75 billion, representing a 2% increase in volume and a 0.3% decrease in returns compared to the same period in 2022. In Sep-23, 53.84 thousand tons valued at USD 434 million were exported, down 13% in volume and 17% in returns compared to Aug-23.
Russia saw a significant increase in salmonid exports, receiving 34.77 thousand tons worth USD 251 million, marking a 67% increase in volume and a 55% increase in returns compared to Sep-22. China also emerged as a strategic market, with 34.46 thousand tons worth USD 251 million, a 71% increase in volume, and a 67% increase in returns over the same period in 2022.
Mexico remains an attractive Latin American market, with 14.50 thousand tons worth USD 158 million exported by Sep-23, showing a 12% increase in volumes and returns compared to the previous year. Brazil remains a significant market with a 4% volume increase, reaching 95.20 thousand tons valued at USD 616 million.
In contrast, the United States (US) and Japan experienced declining trends. Chile exported 1.1% less volume and 3% less value of salmon and trout to the US, totaling 187.18 thousand tons valued at USD 2.1 billion. Japan witnessed a 19% decrease in shipments and a 17% decrease in returns, with 77.11 thousand tons worth USD 598 million exported from Jan-23 to Sep-23.
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