On-the-Ground Updates

Robust Growth in Chilean Salmon and Trout Exports During the First Half of 2023

Frozen Trout
Carlos Palma
Published Aug 9, 2023
The Central Bank has released the export figures for the first half of 2023, revealing that the export of Chilean salmon and trout reached a total of USD 3.78 billion FOB, representing a 3% increase compared to the same period in 2022, which had amounted to USD 3.68 million FOB. Notably, July 2023 saw an export surge, with salmon and trout shipments reaching USD 480 million FOB, compared to USD 440 million FOB in July of the previous year.
The cumulative figures from January to July 2023 indicate that 428.61 thousand tons of salmon and trout were exported, valued at USD 3.78 million, a 3% increase in returns and a 4% increase in volume compared to the same period in 2022, during which 412.26 thousand tons were shipped for USD 3.68 million.
Exports to China significantly increased, with 24.80 thousand tons of salmonids shipped for a value of USD 183 million in July 2023, reflecting a substantial increase in volume and returns compared to the same month in 2022. Mexico also exhibited growth, receiving 11.93 thousand tons of salmonids valued at USD 132 million between January and July 2023.
While the United States remains the primary market for Chilean salmon and trout, there was a slight decrease in shipments compared to the same period in 2022. Similarly, Japan experienced a decline in both returns and volumes for the third consecutive month. In contrast, Brazil and Russia maintained stable and rising exports of salmonids from January to July 2023, showing increases in both returns and volumes.
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